APC 2003 Annual Report Download - page 43

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8. Auditors
41
Appointed Appointment
expires
Statutory auditors
Barbier Frinault et Autres / Ernst & Young
41, rue Ybry - 92576 Neuilly-sur-Seine Cedex
represented by Pierre Jouanne and Christian Chochon 1992 2004
PricewaterhouseCoopers Audit,
32, rue Guersant - 75017 Paris
Represented by Anne Monteil 1995 2004
Substitute auditors
Jean de Gaulle, 6, rue de Buzenval - 92210 Saint-Cloud 1995 2004
Dominique Paul, 32, rue Guersant - 75017 Paris 1995 2004
Fees paid to the Auditors and members of their networks in 2002 and 2003
(
€
thousands)
PricewaterhouseCoopers Barbier Frinault et Autres
Audit Ernst & Young
Amount % Amount %
2003 2002 2003 2002 2003 2002 2003 2002
Audit
- Statutory accounting, certification,
review of individual and
consolidated financial statements 2,594 2,545 6,100 5,781
- Related engagements 5,037 708 2,015 2,243
Sub-total 7,631 3,253 98 % 94 % 8,115 8,024 95 % 95 %
Other services
- Legal, fiscal and labor issues 117 161 449 437
- Information technology – –
- Internal audit – –
- Other – –
Sub-total 117 161 2 % 6 % 449 437 5 % 5 %
Total 7,748 3,414 100 % 100 % 8,564 8,461 100 % 100 %
On the Audit Committee’s recommendation, the
Board of Directors decided on December 11, 2003 to
limit services other than statutory accounting provid-
ed by the Auditors or units belonging to their net-
works to audit-related engagements. Total fees from
each audit firm for these engagements must not
exceed 25% of total fees billed for statutory account-
ing. Audit-related engagements must be authorized
by the Audit Committee Chairman if they exceed
€200,000 or by the Executive Vice-President,
Finance.
9. Shareholders’ rights and
obligations
Annual Shareholders’ Meetings
(article 18 of the bylaws)
All shareholders are entitled to attend Annual
Meetings, regardless of the number of shares held.
The notice of meeting is sent directly by the
Company to holders of registered shares. Holders of
bearer shares are sent the notice of meeting by the
bank or broker that holds their share account.
Holders of both registered and bearer shares are
required to provide evidence of their ownership of the
shares at the time of the Meeting.