The main function of the statutory audit is to verify that the financial statements provide a true and fair view on the Group’s financial performance and financial position for the financial year. Sanoma’s financial year is the calendar year.
The auditor’s responsibility is to audit the Group’s and the Parent Company’s financial statements and administration in the respective financial year and to provide auditors’ opinion to the AGM. The auditor reports to the Board at least once a year.
According to the Articles of Association, Sanoma shall have one auditor, which shall be an auditing firm approved by the Patent and Registration Office. The term of office of the auditor expires at the end of the next AGM following the election.
The Annual General Meeting of 2024 appointed audit firm PricewaterhouseCoopers Oy as the Auditor and the Sustainability Auditor of the Company with Tiina Puukkoniemi, Authorised Public Accountant, Authorised Sustainability Auditor (ASA), as the Auditor with principal responsibility and responsible Sustainability Auditor. The Auditor and Sustainability Auditor shall be reimbursed against invoice approved by the Company.
Fees paid to the company auditors
| EUR million | Group | Parent company | ||
| 2023 | 2022 | 2023 | 2022 | |
| Fees paid for audit services | 1.4 | 1.4 | 0.3 | 0.4 |
| Fees paid for non-audit services | 0.2 | 0.1 | 0.2 | 0.1 |
