The 2020 Annual General Meeting elected the authorized auditing firm Ernst & Young as the company’s auditors for a one-year period. i.e. until the end of the Annual General Meeting to be held in 2021. Ernst & Young has chosen the authorized public accountant Andreas Troberg as the auditor-in-charge.

It is the responsibility of the auditors to review the company’s Annual Report and accounts, as well as the administration of the company by the Board of Directors and the CEO on behalf of the shareholders.

In spring 2020 the H&M group began the process of securing the services of a new audit firm in accordance with EU rotation rules. The new audit firm will be appointed at the 2021 Annual General Meeting.  

Fees to auditors

Ernst & Young - Audit fees (SEK m)

Group 2020Group 2019Parent company 2020Parent company 2019
Statutory audit34.033.34.84.9
Auditing other than statutory audit5.24.20.50.5
Tax consultancy10.18.80.10.1
Other consultancy10.27.20.4-

Other auditors - Audit fees (SEK m)

Group 2020Group 2019Parent company 2020Parent company 2019
Statutory audit11.09.5--

Total - Audit fees (SEK m)

Group 2020Group 2019Parent company 2020Parent company 2019
70.563.05.85.5

Related

Menu