AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 64
AUDITORS’ REMUNERATION
The fees paid to the auditors for audit and other services were:
YEAR ENDED
30 JUNE 2015
YEAR ENDED
30 JUNE 2014
YEAR ENDED
30 JUNE 2013
Audit
Other*
Audit
Other*
Audit
Other*
MUR
MUR
MUR
MUR
MUR
MUR
Ernst & Young
THE BANK
AfrAsia Bank Limited
1,625,000 3,676,577
1,791,493 1,062,993 1,142,992 75,825
THE SUBSIDIARIES
AfrAsia Investments Limited
160,000
-
171,000 310,500 140,000 28,750
AfrAsia Holdings Limited
50,000
-
45,480 13,800 40,000 13,800
AfrAsia Corporate Finance (Pty) Limited
485,846
-
389,743
-
-
-
AfrAsia Corporate Finance (Africa) Limited
180,206
-
151,394
-
-
-
AfrAsia Corporate Finance (Mauritius) Limited
99,105
-
120,600
-
-
-
AfrAsia Capital Management Limited
370,000
-
333,500
-
-
-
KPMG
THE BANK
AfrAsia Bank Limited
1,375,000
-
1,535,000
-
-
-
* Fees captured under “Others” are principally fees paid to Ernst & Young towards services for Agreed upon Procedures, Independent
Assurance Report and Interim Review for the Bank and its subsidiaries.
INTERNAL CONTROL, INTERNAL AUDIT AND RISK MANAGEMENT
Further information is provided on page 104ANTI-MONEY LAUNDERING
Further information is provided on page 105CORPORATE GOVERNANCE REPORT (CONTINUED)