AUDIT SERVICES FOR FINANCIAL STATEMENTS
To confirm the accuracy of its financial statements, KazTransOil JSC engages an independent auditing firm.
Current Auditor:
PricewaterhouseCoopers LLP
A25D5F6, Almaty, Al-Farabi Avenue, 34, Building A, 4th Floor
Phone: +7(727) 330-32-00
Based on the decision of the General Meeting of Shareholders of KazTransOil JSC dated November 25, 2024, the Company entered into an agreement for the provision of audit services for the years 2025–2029 with PricewaterhouseCoopers LLP.
From 2002 to 2024, the following audit organizations provided external audit services for the financial statements of KazTransOil JSC:
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2002–2006: Ernst & Young Kazakhstan LLP
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2007: PricewaterhouseCoopers LLP
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2008–2024: Ernst & Young Kazakhstan LLP
Amount of remuneration for financial statement audit services:
In accordance with the aforementioned agreement, the total remuneration payable to the auditing firm amounts to 546,488,000 tenge (excluding VAT). The annual remuneration for each year from 2025 to 2029 is as follows:
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2025: 93,867,000 tenge
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2026: 101,025,000 tenge
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2027: 108,720,000 tenge
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2028: 116,992,000 tenge
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2029: 125,884,000 tenge
List of Financial Statement Audit and Related Services Provided by the External Auditor under the Above-Mentioned Agreement:
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Performance of a review of the Client’s consolidated financial statements prepared in accordance with IFRS (IAS) for the three-month periods ended March 31 of 2025, 2026, 2027, 2028, and 2029, with the issuance of a review report.
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Performance of a review of the Client’s separate financial statements prepared in accordance with IFRS (IAS) 34 for the six-month periods ended June 30 of 2025, 2026, 2027, 2028, and 2029, with the issuance of a review report; or performance of an audit of the Client’s separate financial statements prepared in accordance with IFRS for the six-month periods ended June 30 of 2025, 2026, 2027, 2028, and 2029, with the issuance of an audit report.
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Performance of a review of the Client’s consolidated financial information package prepared in the «Financial Consolidation» automated system, in accordance with the procedure for preparing consolidated financial statements of JSC NC «KazMunayGas» for the six-month periods ended June 30 of 2025, 2026, 2027, 2028, and 2029, with the issuance of a review report.
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Performance of an audit of the consolidated financial information package prepared in the «Financial Consolidation» automated system in accordance with the procedure for preparing consolidated financial statements of JSC NC «KazMunayGas» for the years 2025, 2026, 2027, 2028, and 2029, with the issuance of an audit report.
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Performance of a review of the Client’s consolidated special-purpose financial statements prepared in accordance with IFRS (IAS) 34 and the corporate accounting policy of the JSC NC «KazMunayGas» group of companies for the six-month periods ended June 30 of 2025, 2026, 2027, 2028, and 2029, with the issuance of a review report.
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Performance of a review of the Client’s consolidated financial statements prepared in accordance with IFRS (IAS) 34 for the six-month periods ended June 30 of 2025, 2026, 2027, 2028, and 2029, with the issuance of a review report; or performance of an audit of the Client’s consolidated financial statements prepared in accordance with IFRS for the six-month periods ended June 30 of 2025, 2026, 2027, 2028, and 2029, with the issuance of a review report.
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Performance of a review of the Client’s consolidated financial statements prepared in accordance with IFRS (IAS) 34 for the nine-month periods ended September 30 of 2025, 2026, 2027, 2028, and 2029, with the issuance of review reports; or performance of an audit of the Client’s separate and consolidated financial statements prepared in accordance with IFRS for the same periods, with the issuance of an audit report.
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Performance of interim audit procedures for the nine-month periods ended September 30 of 2025, 2026, 2027, 2028, and 2029, in respect of the Client’s separate and consolidated financial statements, with presentation of the results to the members of the Audit Committee of the Board of Directors and/or to the Client’s management. The presentation shall include a detailed description of the interim audit findings and a list of actions necessary to ensure the timely issuance of the annual financial statements prepared in accordance with IFRS.
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Performance of an audit of the Client’s separate and consolidated financial statements prepared in accordance with IFRS for the years 2025, 2026, 2027, 2028, and 2029, for the purpose of expressing an independent opinion on the fairness of the financial statements in all material respects, with the issuance of an audit report.
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Performance of an audit of the Client’s consolidated special-purpose financial statements prepared in accordance with the corporate accounting policy of the JSC NC «KazMunayGas» group of companies for the years 2025, 2026, 2027, 2028, and 2029, with the issuance of an audit report.
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Performance of an audit of the Client’s separate and consolidated financial statements prepared in accordance with the formats and templates approved by the regulatory legal act of the authorized state body of the Republic of Kazakhstan, in accordance with the Law of the Republic of Kazakhstan «On Accounting and Financial Reporting,» for the years 2025, 2026, 2027, 2028, and 2029, with the issuance of an audit report.
