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Annual Report 2016 Corporate governance report Board of Directors and Auditors Group Management Internal control AGM Events and reports

External Audit

External auditors

The AGM in 2014 re-elected PricewaterhouseCoopers AB (PwC) as the Group’s external auditors for a four-year period, until the AGM in 2018. Authorized Public Accountant Peter Nyllinge is the auditor in charge of Electrolux.

PwC provides an audit opinion regarding AB Electrolux, the financial statements of its subsidiaries, the consolidated financial statements for the Electrolux Group and the administration of AB Electrolux. The auditors also conduct a review of the report for the third quarter. 

The audit is conducted in accordance with the Swedish Companies Act, International Standards on Auditing (ISA) and generally accepted auditing standards in Sweden.

Audits of local statutory financial statements for legal entities outside of Sweden are performed as required by law or applicable regulations in the respective countries and as required by IFAC GAAS, including issuance of audit opinions for the various legal entities.

For additional information on the Group’s auditors, see below. For details regarding fees paid to the auditors and their non-audit assignments in the Group, see below and Note 28.

Fees to auditors

SEKm 2016 2015 2014
Audit fees 40 42 38
Audit-related fees 1 2 2
Tax fees 4 3 5
All other fees 4 21 26
Total fees to PwC 49 68 71
Audit fees to other audit firms
Total fees to auditors 49 68 71

For details regarding fees paid to the auditors and their non-audit assignments in the Group, see Note 28.


PricewaterhouseCoopers AB

Peter Nyllinge

Born 1966. Authorized Public Accountant. Partner in Charge. 
Other audit assignments: Skandinaviska Enskilda Banken and Fagerhult. 
Holdings in AB Electrolux: 0 shares.

Anna Rosendal

Born 1975. Authorized Public Accountant. 
Holdings in AB Electrolux: 0 shares.

Holdings in AB Electrolux as of December 31, 2016 and includes holdings of related natural and legal persons, when applicable.