IOOF  | Annual Report 2012 page 25 Environmental regulation Non-audit services Events occurring after balance date Rounding off of amounts Lead auditor’s independence declaration The Group is not subject to significant environmental  regulation. The Directors are satisfied that the provision of non-audit  services, during the year, by the auditor (or by another person  or firm on the auditor’s behalf) is compatible with the general  standard of independence for auditors imposed by the  Corporations Act 2001. On 13 July 2012, the Company announced that the Company  and Plan B Group Holdings Limited (Plan B) had entered  into a Bid Implementation Deed under which the Company,  through a wholly owned subsidiary, proposes to acquire all  of the ordinary shares in Plan B. Under the terms of the Bid  Implementation Deed, the Company has agreed to pay $0.60  cash per Plan B share. The deed is subject to Plan B shareholder  approval and as a result, no amounts have been recognised  in the profit or loss or financial position of the Group at  balance date. If accepted, the total consideration payable to  shareholders is estimated at $49.1 million. IOOF will seek to enter into a Debt Facility with a suitable  financial institution before or during the Offer Period. A  suitable financial institution is one which has a suitable credit  rating and significant experience in provision of credit to  Australian corporate entities. Under the intended Debt Facility, IOOF will seek funding up to  $50 million for the purpose of funding the acquisition of Plan B  Shares pursuant to the terms of the Offer, as well as all related  transaction costs. The Directors have declared the payment of a final dividend  of 18.0 cents per ordinary share franked to 100% based on tax  paid at 30%, to be paid in October 2012. The Directors are not aware of any other matter or  circumstance not otherwise dealt with in this report, or the  accompanying financial statements and notes thereto, that has  arisen since 30 June 2012 that has significantly affected, or may  significantly affect: The lead auditor’s independence declaration is included on  page 53 of the Annual Report and forms part of the Directors’  Report for the financial year ended 30 June 2012. The Company is a company of the kind referred to in ASIC Class  Order 98/100, dated 10 July 1998, and in accordance with that  Class Order amounts in the annual financial report are rounded  off to the nearest thousand dollars, unless otherwise indicated.  The amounts disclosed in the Directors’ Report (with the  exception of the Remuneration Report) are rounded off to the  nearest thousand dollars but expressed in whole dollars, unless  otherwise indicated. •  fees earned from non-audit work undertaken by KPMG are  capped at 1.0 times the total audit fee; •  all non-audit services have been reviewed and approved to  ensure that they do not impact the integrity and objectivity  of the auditor; and •  none of the services undermine the general principles  relating to auditor independence as set out in Code  of Conduct APES 110 Code of Ethics for Professional  Accountants issued by the Accounting Professional &  Ethical Standards Board, including reviewing or auditing the  auditor’s own work, acting in a management or decision- making capacity for the Company, acting as advocate for  the Company or jointly sharing economic risks and rewards. a  the Group’s operations in future financial years; b  the results of those operations in future financial years; or c  the Group’s state of affairs in future financial years.  Amount paid/payable Non-audit service 2012 2011 Taxation services 591,213  332,880  Due diligence services 108,656  - Consultancy services 129,592  87, 292  Total 829,461  420,172 