British Airways 2007/08 Annual Report and Accounts

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6 Auditors’ remuneration

£’000	2008	2007	2008	2007
	Group		Company
Group auditors’ Audit fees
Fees payable to the Group’s auditors for the audit of the Group’s accounts	1,985	2,020	1,985	2,020
Fees payable to the Group’s auditors and its associates for other services:
Audit of the Group’s subsidiaries pursuant to legislation	271	271
Other services pursuant to legislation*	57	1,266	43	1,248
Other services relating to taxation	308	81	308	81
Services relating to corporate finance transactions	286	9	286	9
All other services	113	678	113	678
	3,020	4,325	2,735	4,036

* The ‘Other services pursuant to legislation’ amount in 2007 is primarily attributed to Sarbanes Oxley section 404 audit fees. Compliance with Sarbanes Oxley is no longer required due to the Company’s deregistration from the New York Stock Exchange during the year ended March 31, 2008.

Of the Group fees, £2,788,000 relates to the UK (2006/07: £4,234,000) and £232,000 relates to overseas (2006/07: £91,000).

Of the Company fees, £2,527,000 relates to the UK (2006/07: £3,969,000) and £208,000 relates to overseas (2006/07: £67,000).

The audit fees payable to Ernst & Young LLP are approved by the Audit Committee having been reviewed in the context of other companies for cost effectiveness.

The committee also reviews and approves the nature and extent of non-audit services to ensure that independence is maintained.