Accounting and Auditing

Vonovia SE prepares its consolidated financial statements and quarterly reports in accordance with the International Financial Reporting Standards (IFRS) as applicable in the European Union.

Vonovia SE’s statutory financial statements, which are required by law and are decisive for the payment of dividends, are prepared in accordance with the provisions of the German Commercial Code (HGB). The annual consolidated financial statements and the quarterly reports of the Vonovia Group are prepared by the Vonovia Management Board in accordance with the principles of the International Financial Reporting Standards (IFRS) as applicable in the European Union. The financial statements are audited and approved by the Supervisory Board.

KPMG AG Wirtschaftsprüfungsgesellschaft, Düsseldorf, audited the 2019 consolidated financial statements prepared by the Management Board in accordance with the above provisions and issued an unqualified audit opinion. This also applies to the 2019 statutory financial statements of Vonovia SE prepared in accordance with the provisions of the German Commercial Code (HGB).

On 30 June 2020, the Annual General Meeting elected KPMG AG Wirtschaftsprüfungsgesellschaft, Düsseldorf, as auditor of the annual financial statements of Vonovia SE and the consolidated financial statements for the 2020 fiscal year.