RAS Audit

The audit firm Faber Lex Limited Liability Company (TIN 7709383532), location: Krasnodar, 144/2 Krasnykh Partizan Street, was approved as the auditor of the Company’s accounting (financial) statements for 2022 prepared in accordance with the Russian Accounting Standards (RAS).

AF Faber Lex LLC is a member of the Self-Regulatory Organisation of Auditors Association “Sodruzhestvo” (SRO AAS) No. 441 dated 20 March 2020 with the main registration number entry (ORNZ) 12006114232.

Following the audit of PJSC Magnit, the auditor expressed an opinion on the true and fair reflection of the Company’s financial position in the accounting (financial) statements in all its material aspects.

The total remuneration paid by the Group’s companies to AF Faber Lex LLC in 2022 amounted to RUB 5.951 mln (excluding VAT), including:

  • remuneration for audit services – RUB 5.781 mln (97.14% of the total amount paid), including RUB 450,000 paid for the audit of the PJSC Magnit accounting (financial) statements for 2021;
  • remuneration for other audit-related services (“non-audit services”) – RUB 170,000 (2.86% of the total amount paid).
RAS auditor’s total remuneration paid by the Group companies in 2022
RUB 5.951 mln