Auditors

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
2019
Group
2018
Parent company
2019
Parent company
2018
Statutory audit 33.3 30.7
4.9 3.7
Auditing other than statutory audit
4.2 4.4 0.5 0.2
Tax consultancy
8.8 11.1
0.1 -
Other consultancy
7.2 4.1 -
0.4
Other auditors - Audit fees (SEK m)
  Group
2019
Group
2018
Parent company
2019
Parent company
2018
Statutory audit
9.5 7.8 - -
Total - Audit fees (SEK m)
Group
2019
Group
2018
Parent company
2019
Parent company
2018
63.0 58.1 5.5 4.3

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