External audit

Appointment of Auditor

In accordance with the Law on Business Companies and the Articles of Association of NIS j.s.c. Novi Sad the company auditor is appointed by the Shareholders’ Assembly based on the motion of the Board of Directors. Company auditor is appointed on each regular Shareholders' Assembly Meeting.

Appointed auditors

2007 - Deloitte d.o.o. Belgrade
2008 - KPMG d.o.o. Belgrade
2009 - PricewaterhouseCoopers d.o.o. Belgrade
2010 - PricewaterhouseCoopers d.o.o. Belgrade
2011 - PricewaterhouseCoopers d.o.o. Belgrade
2012 - PricewaterhouseCoopers d.o.o. Belgrade
2013 - PricewaterhouseCoopers d.o.o. Belgrade
2014 - KPMG d.o.o. Belgrade
2015 - PricewaterhouseCoopers d.o.o. Belgrade
2016 - PricewaterhouseCoopers d.o.o. Belgrade

Mandatory change of auditor

In accordance with the Law on Capital Market and taking into account that NIS j.s.c. Novi Sad is a public joint-stock company, a legal entity performing the audit can perform up to five consecutive annual audits of financial statements.

Auditors' reports

Auditor's report on performed audit of annual financial reports and annual consolidated financial reports are adopted on a regular Shareholders' Assembly Meeting, on which the auditor must be invited.

Independent auditors' reports 2007-2016

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