30 Basis of preparation
The company financial statements and the consolidated financial statements together constitute the statutory financial statements of KPMG N.V. (the Company). Read more over 30 Basis of preparation
31 Non-current financial assets
Non-current financial assets represent investments in group companies. Read more over 31 Non-current financial assets
32 Cash and cash equivalents
Cash and cash equivalents comprise cash at hand and bank balances that are freely available. The interest rate applicable in 2022/2023 was 1.7% (2021/2022: 0.0%). Read more over 32 Cash and cash equivalents
33 Shareholders’ equity
Movements in equity can be specified as follows: Read more over 33 Shareholders’ equity
34 Loans and borrowings
Movements in financing by partners can be specified as follows: Read more over 34 Loans and borrowings
35 Financial instruments
For general information on financial instruments and associated risks, please see Note 24 Financial instruments and associated risks of the consolidated financial statements. Read more over 35 Financial instruments
36 Related parties
The Company’s related parties comprise subsidiaries, Coöperatie KPMG U.A., and key management. Read more over 36 Related parties
37 Tax and social insurance contributions
Tax and social insurance contributions relate to VAT payable by the Company for the last quarter of the financial year. Read more over 37 Tax and social insurance contributions
38 Liabilities not recognized in the company statement of financial position
The Company has given guarantees that its subsidiaries, the financial figures of which are included in the consolidated financial statements, will comply with certain contractual obligations. Read more over 38 Liabilities not recognized in the company statement of financial position
39 Number of partners
On average in 2022/2023, 168 (2021/2022: 158) FTE partners were active for the Company under management agreements. Read more over 39 Number of partners
40 Remuneration of the Board of Management
Details of the remuneration of members of the Board of Management are disclosed in Note 28.2.2 Key management to the consolidated financial statements. Read more over 40 Remuneration of the Board of Management
41 Auditor’s remuneration
The remuneration of the Company's auditors for the 2022/2023 financial year was EUR 0.5 million (2021/2022: EUR 0.4 million), which was completely related to the audit of financial statements of the Company (2021/2022: EUR 0.3 million). Read more over 41 Auditor’s remuneration