Ernst&Young LLC was approved as Rostelecomís auditor in respect of RAS and IFRS reporting for 2H 2017 and 1H 2018.
Was chosen as the Companyís auditor following a public tender published on zakupki.rostelecom.ru that was held in accordance with the current law and internal regulations of the Company.
The proposed fee payable to Ernst & Young LLC for audit-related services: RUB 70,900,000, including RUB 10,815,254.24 of VAT (including any shipment and transportation expenses, customs duties, taxes and other mandatory payments required by applicable Russian laws).
Ernst&Young LLC is not expected to provide non-audit services.
Detailed information on the audit services as well as payments to the auditor is set out in Rostelecomís quarterly reports (in Russian) disclosed pursuant to Russian securities laws.†
Sadovnicheskaya Nab., 77, bld. 1, Moscow, 115035, Russia
Phone: +7 (495) 755-97-00
Fax: +7 (495) 755-97-01
Non-profit partnership ęAuditing Chamber of RussiaĽ:
Ernst&Young LLC general registration number in the state register of auditors and auditing organizations is 10201017420.
3/9 build. 3 3rd Siromyatnichesky pereulok, Moscow, Russian Federation, 105120
Phone: +7 (495) 781-24-79
Rostelecomís auditor in accordance with the Russian Accounting Standards was Ernst&Young LLC from 2015 to 1H 2017, JSC KPMG from 2008 to 2014, Ernst&Young LLC from 2005 to 2007 and JSC Ernst&Young Vneshaudit from 2002 to 2004.
Rostelecomís auditor in accordance with the IFRS was Ernst&Young LLC from 2015 to 1H 2017, JSC KPMG from 2010 to 2014, KPMG Limited from 2008 to 2009 and Ernst&Young LLC from 2002 to 2007.