12 Fees Payable to Audit Firms

Statutory audit fees payable to PricewaterhouseCoopers were £2.0m (£2.0m) including £0.1m (£0.1m) in respect of the Company.

Further fees payable comprised:

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1998 £m 1997 £m
Audit related services:
Regulatory returns and achieved profits basis audits 0.5 0.5
Tax and accounting advice 0.5 0.5
Acquisitions and disposals 0.7
Consultancy services 7.7 0.8
Total 8.7 2.5

Consultancy services for 1998 included £2.4m payable to Coopers & Lybrand prior to the date of appointment of PricewaterhouseCoopers as auditors. Included in the total of £8.7m are fees of £8.2m (£1.9m) for work performed in the United Kingdom.

 

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