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http://www.ey.

com/GL/en/Newsroom/News-releases/News_EY-reports-2012-global-revenues-of-US-24-4-billion-dollars
Ernst & Young today announced combined global revenues of US$24.4 billion for the
financial year ended 30 June 2012, compared with US$22.9 billion in 2011. Revenues
grew 7.6% in local currency (US$ 6.7%).
 Good growth across all service lines

 Emerging markets saw combined revenue growth of 15.5%

 Headcount at an all-time high of 167,000

Our business model and strategy continue to weather the economic turmoil and withstand the
test of time. All of our service lines showed growth. Assurance revenues were up 4.1%, Tax 7.0%,
Transactions 9.4% and Advisory 16.2%, a good performance given the current business climate.
Growth in all of our service lines was almost entirely organic, with acquisitions accounting for
less than one half of one percentage point.

“FY12 remained a dynamic and volatile period in the world economy. The ongoing sovereign-debt
crisis in Europe, the impending ‘fiscal cliff’ in the US, and signs that the emerging-market
economies are slowing all point toward a challenging business climate in the months ahead. We
will also continue to face regulatory uncertainty in many jurisdictions around the globe. That said,
we are pleased that our business showed good results, the best since 2008, in the midst of what
has been several years of uncertainty,” said Jim Turley, Global Chairman and CEO of Ernst &
Young.

Our strongest performing sectors, all with double digit growth, were: Automotive, Life Sciences,
Mining & Metals and Oil & Gas.

As a result of the improvement in our business, we’ve grown our headcount to 167,000, an
increase of more than 15,000 people in fiscal 2012. And, while we still have much to do in terms of
diversity and inclusiveness, we are making steady improvement. Globally 25% of our new partners
this year are women, up from 23% last year and 20% in 2010.

Our success in the emerging markets is largely the result of a strategic investment program
started six years ago. Since the inception of this program, we have invested more than US$1.8
billion in our geographies, the majority of which has been earmarked for the emerging markets.

“We are committed to maintaining our investment in the emerging markets,” said John Ferraro,
Global Chief Operating Officer of Ernst & Young. “Every growth orientated company, no matter
where they are headquartered, knows their importance.”

The results of this have been clearly visible in 2012, as Brazil saw organic revenue growth of
17.5%, while India, Africa, China and the CIS increased revenues 19.8%, 10.2%, 11.8% and 15.6%,
respectively.

“Ernst & Young, and our profession’s role in the world’s capital markets, has never been more
important. Given these uncertain economic times we have to remain focused on working with our
clients to deliver the best possible service, wherever they are in the world,” concluded Turley.
-Ends-

Notes to editors

Jim Turley, Global Chairman and CEO, Ernst & Young

As previously announced these are the last set of results that Jim Turley will comment on as he retires
in June 2013 to be replaced by Mark Weinberger. Jim, who has led Ernst & Young since 2001, has
championed the organization’s successful efforts to lead the profession in globalization and investment
in new and emerging markets. Under Jim’s leadership, the organization has grown from US$10b in
annual global revenues to US$24.4b, has doubled its headcount and has established itself as the most
globally integrated organization in our profession in mindset, actions and structure. Jim has
championed a strong people culture, which is underscored by its drive for increased diversity and
inclusiveness that has been recognized by many external awards.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transactions and advisory services. Worldwide, our
167,000 people are united by our shared values and an unwavering commitment to quality. We make a
difference by helping our people, our clients and our wider communities achieve their potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each
of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee,
does not provide services to clients. This news release has been issued by EYGM Limited, a member of
the global Ernst & Young organization that also does not provide any services to clients.

Selected information

Revenues include expenses billed to clients. Revenues between member firms have been eliminated.
Headcount numbers reflect personnel as of 30 June of the fiscal year.

Ernst & Young revenues by Area - US$ millions

FY12 FY11 % Change


Local Currency US$
Americas 9,820 8,981 10.1% 9.3%
EMEIA 10,45 10,07 6.5% 3.8%
9 5
Asia-Pacific 2,813 2,532 8.1% 11.1%
Japan 1,328 1,292 -2.3% 2.8%
Total 24,42 22,88 7.6% 6.7%
0 0

Ernst & Young revenues by service line - US$ millions

FY12 FY11 % Change


Local US$
Currency
Assurance 10,923 10,561 4.1% 3.4%
Tax 6,370 6,011 7.0% 6.0%
Advisory 4,956 4,304 16.2% 15.1%
Transaction 2,171 2,004 9.4% 8.3%
Advisory Services
Total 24,420 22,880 7.6% 6.7%

Ernst & Young people by Area

FY12 FY11 % Change


Americas 50,25 45,01 11.7%
6 0
EMEIA 81,02 73,13 10.8%
2 6
Asia- 29,29 27,12 8.0%
Pacific 4 5
Japan 6,653 6,570 1.3%
Total 167,2 151,8 10.1%
25 41

Ernst & Young people by service line

FY12 FY11 % Change


Assurance 66,23 60,527 9.4%
2
Tax 31,98 29,118 9.9%
8
Advisory 27,04 23,304 16.1%
6
Transaction Advisory 8,598 7,922 8.5%
Services
Practice support 33,36 30,970 7.7%
1
Total 167,2 151,841 10.1%
25

http://www.ey.com/GL/en/Newsroom/News-releases/Ernst-and-Young-reports-2011-global-revenues-of-US-dollar-22-
9-billion
Ernst & Young reports 2011 global revenues of US$22.9 billion
 Good growth across all service lines
 Emerging markets saw combined revenue growth of 20%
 Headcount at an all time high of 152,000

London, 3 October 2011 – Ernst & Young today announced combined global revenues of US$22.9 billion for the financial year
ended 30 June 2011, compared with US$21.3 billion in 2010, a 7.6% increase. In local currency, revenues grew 5.3%.

“We have had a very strong year in each of our four geographic areas. We continue to see very positive reactions to the way we
have globalized our organization over the last few years, our investments in emerging markets and the great dedication and
commitment of our people,” said Jim Turley, Global Chairman and CEO of Ernst & Young.

All of our service lines showed growth, reflecting our focus, and a better economic environment and renewed activity in the
capital markets in the past year. Assurance revenues were up 5.0%, Tax 6.0%, Advisory 17.5% and Transaction Advisory
Services 7.7%.

We continue to win more than our fair share of new audit mandates, including some of the largest global organizations, such as
Assicurazioni Generali, Enel, Fiat, PSA Peugeot Citroën, and Jabil Circuit. We are the fastest growing tax practice for the past
five years and leading analysts Kennedy recently ranked Ernst & Young number two for business advisory services (note 1).
Growth in all of our service lines was almost entirely organic, with acquisitions accounting for less than one half of one
percentage point.

As a result of the improvement in our business, we’ve grown our headcount to 152,000 an increase of nearly 11,000 people in
fiscal 2011.

Turley adds, “In today’s increasingly complex and diverse world, we are focused on building lifelong relationships with our
people. This ensures we have outstanding talent to provide our clients the best service wherever they do business.”

Our success in the emerging markets is largely the result of a strategic investment program started five years ago. Since the
inception of this program, we have invested more than US$1.5 billion in our geographies the vast majority of which has been
earmarked for the emerging markets.

The results of this have been clearly visible in 2011 as Brazil saw organic revenue growth of 26%, while India, Africa, China and
the CIS increased revenues 22%, 19%, 18% and 16%, respectively.

“As we continue to serve our clients and stakeholders in the emerging markets, we will maintain this investment at comparable
levels for the foreseeable future,” said John Ferraro, Global Chief Operating Officer of Ernst & Young.

“Given these uncertain economic times it is more important than ever we continue to remain focused on the important role that
we play in the world’s capital markets, in our profession, with our clients and with our people,” concluded Turley.

-ends-

About Ernst & Young


Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united
by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and
our wider communities achieve their potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate
legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. This news
release has been issued by EYGM Limited, a member of the global Ernst & Young organization that also does not provide any
services to clients.

Selected information
Revenues include expenses billed to clients. Revenues between member firms have been eliminated. Headcount numbers
reflect personnel as of 30 June of the fiscal year.
Deloitte continues as an engine of employment creation and announces record revenues
of US$28.8 billion in Fiscal Year 2011 http://www.deloitte.com/view/en_GX/global/press/global-press-releases-en/96616a3cfdc82310VgnVCM1000001a56f00aRCRD.htm

 Global workforce reached 182,000 and is expected to grow more than 35 percent to250,000 by FY2015
 Aggregate member firm revenues grew 8.4 percent in U.S. dollars, marking Deloitte’s highest revenue growth in the last three
years
 Growth experienced in all three major geographic regions and across all four major business lines

New York, 22 September 2011 – Deloitte Touche Tohmatsu Limited today announced aggregate member firm revenues of US$28.8
billion for the fiscal year ended 31 May 2011, marking the highest revenue ever recorded by the global member firm network.
Aggregate revenues grew 8.4 percent in U.S. dollars and 7.7 percent in local currency—the strongest revenue increase since 2008.
Compound aggregate growth for FY2005-2011 was 8.0 percent. Deloitte member firms (Deloitte) experienced growth across all three
major geographic regions, led by exceptional results generated in Asia Pacific and the Americas from a number of developing markets,
and across all functions and industry sectors.
“These results underscore the strength and resilience of Deloitte’s diversified portfolio of businesses and a relentless commitment to
quality and to member firm clients who have driven this growth,” said Deloitte Touche Tohmatsu Limited Global CEO Barry Salzberg.
“Deloitte’s multidisciplinary service model and depth and breadth of capabilities provide Deloitte professionals with a unique opportunity
to deliver enhanced audits, along with innovative solutions that meet clients’ complex business needs and help them grow their
businesses.”

Talent and job creation


Deloitte has maintained a focus on hiring and retaining top talent as a driver of business activity and expansion. In 2011, Deloitte
hired 49,000 professionals and exceeded headcount expectations, adding 12,000 (net) new jobs to its global workforce—a 7.1
percent increase in headcount compared to FY2010. Deloitte’s total workforce now comprises 182,000professionals worldwide.
Deloitte expects to increase its total workforce to 250,000professionals by FY2015.

“Deloitte’s talent growth reflects a commitment to creating sustainable careers and providing long-lasting growth opportunities for high-
performing talent in a global economy that is increasingly in need of skilled labor,” commented Salzberg. “This is why US$300
million has been invested in Deloitte University, a dynamic new learning and leadership development facility near Dallas, Texas, in the
United States that will help Deloitte professionals remain at the forefront of evolving trends in the profession and develop essential
leadership skills for the 21st century.”

A commitment to quality
Deloitte regards world-class quality as the foundation of its businesses and continuously focuses on delivering the standard of
excellence. Of singular importance is Deloitte’s commitment to the public interest in its audit services. The network has invested a
substantial amount of financial and human capital in developing Deloitte Audit, a transformation to its audit approach that brings the
world-class methodology, technology, and talent needed to help member firm clients and people respond to the realities of today’s
changing business and regulatory environments.

Business and industry performance


Leading Deloitte’s business line growth were financial advisory and consulting, which grew15.1 and 14.9 percent, respectively.
Financial advisory growth was fueled by valuation, restructuring, and forensic-related services, which, strengthened by data analytics
capabilities, delivered increased efficiencies and improved problem-solving capabilities to member firm clients. Deloitte’s financial
advisory practices were further bolstered by M&A transaction services, driven by an upward trend in inbound and outbound investments
in emerging markets such as China, India, and Brazil.

The growth in consulting revenues was achieved during a very challenging set of market conditions. Growth was largely driven by
Deloitte’s ability to help member firm clients implement the advice it provides. For example, combining a wide range of skills to provide
unique solutions in the marketplace, such as the integration of regulatory knowledge with strategy, technology, and human capital skills,
has created a favorable market position for Deloitte in financial services and areas such as post-merger integration.

Breakdown of business line and industry growth (aggregate, in USD):


 Financial Advisory led the portfolio in terms of growth, at 15.1 percent.
 Consulting revenue grew by 14.9 percent.
 Tax revenue grew by 5.2 percent.
 Audit and Enterprise Risk Services revenue grew by 4.7 percent.
 Industry: Financial Services recorded the highest revenue growth with 13.5 percent. Energy & Resources revenue grew by 8.8
percent, Life Sciences & Health Care by 8.1 percent, and Manufacturing by 7.5 percent.
Geographic performance (aggregate, in USD):
 Asia Pacific revenues grew 15.8 percent, making it the fastest-growing region for the seventh consecutive year. Deloitte China
grew 8.3 percent. Member firms in Australia and India achieved growth in excess of 25 percent. Almost all member firms in the
region experienced double-digit growth.
 Americas revenues grew 10.4 percent, led by member firms in Brazil and Chile, both of which grew in excess of 20 percent.
Member firms in Canada and the United States posted exceptional growth during extremely challenging business conditions.
 Europe, Middle East, and Africa revenues increased by 3.2 percent, with member firms in the Middle East, Sweden, Turkey, and
Norway all experiencing double-digit growth.

Salzberg added, “Overall, Deloitte’s strong revenue growth is a direct result of member firms’ unrelenting focus on strategic priorities
and excellence in client service, the foundation and hallmark of Deloitte’s As One strategy. More than US$1 billion has been dedicated
to strategic investments, which serves as a testament to Deloitte’s commitment to clients, people, and business.”

Major investment areas


Deloitte is halfway through its four-year US$1 billion investment program, which includes major outlays in several high-growth areas
and markets:
 Analytics: Deloitte offers member firm clients advanced analytics capabilities that turn everyday information into useful and
actionable insights. Deloitte expects to grow this capability by more than 40 percent in FY2012.
 Deloitte Audit: Deloitte is investing more than US$300 million in Deloitte Audit, a transformed audit delivery that improves quality,
provides greater insights for clients, leverages the full capabilities of Deloitte’s top talent, and sets a foundation for ongoing
innovation.
 Growth enterprises: Deloitte is making a significant investment in its global service delivery capabilities and building a worldwide
network of member firm professionals who provide services for mid-sized companies, which can grow up to US$1 billion in revenue.
Target market segments include private companies, mid-sized private equity firms, next-gen companies, and mid-cap multinational
companies.
 Priority markets: In addition to focusing on new important emerging markets such as Africa, Deloitte will invest more than US$500
million through FY2012 in the following priority markets: Brazil, India, Russia, China, Japan, Middle East, and Southeast Asia.
 Sustainability: Over the next four years, Deloitte will invest millions of dollars in sustainability services to help clients transition to
sustainable business models and practices that will deliver top- and bottom-line long-term growth. Recognizing its own
responsibilities in the sustainability agenda, Deloitte measures its environmental performance, reports its societal engagement, and
is defining goals and actions to generate improvements, particularly in the use of energy and resources.

In addition to the areas listed above, in the new fiscal year Deloitte will place increased emphasis on innovation and integrated market
offerings that bring Deloitte’s unique breadth of multidisciplinary capability to the marketplace on a world-class scale.

“Deloitte is changing the industry through the bundling of professional services as part of its core strategy for non-audit member firm
clients and to align with the future needs of a diverse client base,” said Manoj Singh, Chief Operating Officer, Deloitte Touche
Tohmatsu Limited. “As several market shifts continue to reshape the business landscape, Deloitte is poised to take advantage of the
resulting opportunities with a depth and scale of capabilities that are unmatched by its competitors.”
Learn more about Deloitte's FY2011 accomplishments in the Deloitte 2011 Annual Review.

Deloitte fiscal year 2011 regional and function revenue breakdown (aggregate)
Region $ billions USD growth Local growth % of revenue

Americas 14.3 10.4% 9.3% 49.7%

Asia Pacific 4.2 15.8% 8.5% 14.6%

EMEA 10.3 3.2% 5.2% 35.6%

Total 28.8 8.4% 7.7% 100.0%

Function $ billions USD growth Local growth % of revenue

AERS 12.3 4.7% 3.5% 42.6%

Consulting 8.6 14.9% 14.4% 29.7%

Financial Advisory 2.3 15.1% 13.8% 8.1%

Tax 5.6 5.2% 4.9% 19.6%

Total 28.8 8.4% 7.7% 100.0%

Sub region $ billions USD growth Local growth % of revenue

North America 13.1 9.9% 9.1% 45.4%

Latin America 1.3 15.5% 10.6% 4.4%

Asia Pacific 4.2 15.8% 8.5% 14.6%

Europe 9.5 2.7% 5.2% 32.8%

Middle East 0.3 13.5% 12.4% 0.9%

Africa 0.6 8.8% 2.2% 1.9%

Total 28.8 8.4% 7.7% 100.0%


Note: Percentages may not add to 100 due to rounding
Deloitte announces revenue results of US$31.3 billion in Fiscal year 2012
http://www.deloitte.com/2012revenues
 Aggregate Deloitte revenues grew 8.6 percent in U.S. dollars, marking its highest revenue growth within the last four years
 Network hired 51,000 professionals; aggregate workforce surpassed 193,000 and is expected to grow to 250,000 by FY2015
 Growth experienced across all industries, business lines, and regions, including Europe, despite a volatile economic environment

New York, 19 September 2012 – Deloitte Touche Tohmatsu Limited (DTTL) today announced aggregate member firm revenues
of US$31.3 billion for the fiscal year ending 31 May 2012, marking the network’s highest revenue ever. Aggregate revenues grew 8.6
percent in U.S. dollars and 8.3 percent in local currency—the strongest revenue increase since 2008. Deloitte member firms
experienced growth across all three major geographic regions, led by exceptional results generated in Asia Pacific, the Americas, and a
number of developing markets, as well as across all business lines and industry sectors.

“Complexity, disruption, and speed of change are the new reality for our member firm clients, and for Deloitte’s own business,” said
DTTL Global CEO Barry Salzberg. “Deloitte’s success this past year is the result of adapting business strategies to anticipate client
needs and address the changing requirements of a dynamic market.”

Leadership development – A catalyst for growth


Deloitte continued to focus on hiring, developing, and retaining top talent as a key driver of the expansion of business activity. In
FY2012, the Network hired 51,400 professionals; its total workforce now exceeds 193,000 professionals worldwide and the
organization is well on its way to achieving its growth goal of 250,000 professionals by FY2015.

In addition to the continued focus on hiring, and to support strategies to be recognized as one of the top organizations in the world for
developing world-class leaders, Deloitte is investing heavily in leadership development globally. This commitment can be seen in
Deloitte University, a US$300 million learning and development facility located outside of Dallas, Texas, where Deloitte professionals
come together to connect, share ideas, and identify and capitalize on new and innovative solutions to the most critical and complex
issues facing global business today. More than 40,000 professionals from 70 countries attended Deloitte University over the last year.

“Deloitte has always been highly effective at attracting and retaining the world’s best talent,” commented Roger Dassen, Global
Managing Director, Clients, Services and Talent, DTTL. “Given continued market uncertainty, increased regulation, and a competitive
job market, it is of utmost importance that Deloitte stay ahead of the curve and develop its professionals so they are well equipped to
serve clients.”

Continued investment in quality


The independent audit is crucial to protecting the investing public and capital markets. Deloitte takes pride in the auditor’s important
role, and Deloitte member firms are investing in their audit practices to continuously enhance the quality of their audit work. Deloitte
provides its people with extensive training and education on technical and regulatory matters, and on professional ethics and
independence. The Network is constructively engaged with regulators and other stakeholders worldwide, promoting reforms that will
enhance audit quality.

Creating impact through Olympic and Paralympic relationships


In FY2012, Deloitte extended its commitment to the Olympic and Paralympic movements by providing strategic insight and professional
services to national Games committees. Deloitte professionals delivered services across the network’s full competency suite, in areas
including organizational design, risk assessment, and sustainability.

Deloitte UK was integral in delivering the momentous London 2012 Olympic and Paralympic Games. Eight hundred Deloitte UK
professionals contributed 750,000 hours of expertise to help stage the Games, ranging from establishing a procurement function that
oversaw the purchase of more than £700 million (approximately US$1.1 billion) in goods and services, to creating the program to test
operational readiness of the world’s largest-ever peacetime event. Deloitte’s London 2012 client story is a true showcase for the
combined talents and experience that Deloitte delivers to any business challenge.

Growth across business and industry


Deloitte serves as an advisor to businesses from various industries and sectors, providing assurance and restructuring services,
helping them adopt new technologies, and positioning them for growth. In the past year, Deloitte served more than 75 percent of the
Global Fortune 500, working with them to address some of their most complex business issues.

In FY2012, Deloitte saw growth across all business lines and industries, with financial advisory and consulting experiencing 15
percent and 13.5 percent revenue growth, respectively.

Breakdown of business line and industry growth (aggregate across member firms, in USD):
 Financial Advisory led the portfolio in terms of growth, at 15 percent. This was propelled by several significant cross-border,
cross-functional client engagements, and through acquisitions that broadened capabilities in priority markets.
 Consulting revenue grew by 13.5 percent. This growth was fueled by helping clients with their most complex challenges, including
responding to changes in the market, industry, and regulatory landscape, as well as supporting expansion into new and emerging
markets. Demand for services in Business Intelligence, Enterprise Applications, Finance Transformation, M&A, and HR
Transformation were dominant growth drivers.
 Audit and Enterprise Risk Services (ERS) revenue grew by 6 percent. Audit grew most rapidly in the priority markets, especially
in the Asia Pacific region, where Deloitte is well positioned to serve the fastest-growing sectors. ERS drove growth—double-digit
growth in every region and industry—fueled by factors including heightened regulatory pressure, positive analyst ratings, and
increased awareness of the importance of optimized risk management practices.
 Tax and Legal revenue grew by 4 percent. Growth was driven by the continued implementation of enhanced service delivery
models in both Compliance & Reporting and Advisory services, as well as by the introduction of new service offerings, especially in
priority markets, to help clients manage the complex, fast-changing economic and tax environment. An uptick in cross-border
consultative services and strong growth in the Asia Pacific region also propelled growth.
 Industry: The fastest growing industry was Energy & Resources, with revenue growth of24 percent. Life Sciences & Health Care
grew by 13 percent, Consumer Business and Transportation by 11 percent, and Financial Services by 10 percent. Financial
Services generated more than one-fourth of the total industry revenue.

The growth across industry and business lines was achieved despite challenging market conditions around the world, particularly in
Europe. Growth was largely driven by Deloitte’s ability to provide a consistent suite of tools across member firms, a cornerstone of its
global strategy.

Geographic performance (aggregate across member firms, in USD):


 Asia Pacific revenues grew 16.3 percent, making it the fastest-growing region for the eighth consecutive year. Deloitte India grew
by 19 percent in local currency. Half of the member firms in the region, including Deloitte China, experienced double-digit growth.
 Americas revenues grew 7.9 percent. The LATCO* member firm grew by 16.3 percent. Deloitte United States grew by 9.1
percent.
 Europe, Middle East, and Africa revenues increased by 6.4 percent. Member firms in Africa, Norway, Greece, and Luxembourg
all experienced double-digit growth in local currency. Deloitte UK grew by 11 percent in local currency.

“In a challenging economic environment, US$1.4 billion of Deloitte’s US$2.5 billion aggregate growth in the past year came from
member firms in the three largest economies in the world,” said Salzberg. “I believe that is a testament to Deloitte’s ability to not only
gain strength in high-growth strategic markets, but also continue to build momentum in established markets globally.”

Strategic investments for growth


 Strategic Markets program: As part of the global approach to enhance member firms’ ability to seamlessly deliver world-class
services across borders, the Network has committed US$750 million in investments in strategic markets over the next three years.
The investment program aims to expand client service and industry capabilities, bolster the hiring and deployment of top talent, and
cultivate innovative new services and multidisciplinary offerings.
 Acquisitions: Deloitte successfully completed 30 strategic acquisitions during the past year in key markets and growth areas,
including Digital, Analytics, Financial Advisory, and Consulting, augmenting member firms’ capabilities to address the evolving
needs of clients.
 Deloitte Audit: Deloitte Audit is a US$300 million, multi-year global transformation that enhances audit service quality by focusing
more effectively and efficiently on clients’ significant risks. It is being deployed in the 18 largest Deloitte member firms. Its evolved
audit approach and enhanced technology and tools will cover approximately one-quarterof total member firm audit revenues by the
end of FY2013.

“To create value and growth, Deloitte combines a great foundational strength together with client insight and customization,” said
Salzberg. “Innovation and opportunity will define the year ahead, for both Deloitte and member firm clients.”

Facts and figures http://www.pwc.com/gx/en/about-pwc/facts-and-figures.jhtml


Geographic coverage
PwC has offices in 776 locations in 158 countries.

PwC people as of June 2012:


Partners 9,359
Client service staff 139,723
Practice support staff 31,447
Total 180,529
Revenues
In FY 2012 (ending 30 June) worldwide gross revenues of PwC's network of member firms increased by 8.0% to US$ 31.5 billion. For
the first time, PwC's annual revenues have exceeded US$30 billion. Go to www.pwc.com/annualreview for more information.

Additional facts
 In FY 2012, PwC firms provided services for 422 of the companies in the Fortune Global 500 and 439 of the companies in the FT
Global 500
 At 30 June 2012, 2,584 PwC people were on long-term international assignments, an increase of 14% from FY 2011
 PwC was named a leader in business consulting services in the worldwide, Americas, and Europe, Middle East and Africa markets,
according to the 2012 IDC MarketScape reports
 PwC ranked #5 on DiversityInc’s 2012 Top Companies for Global Diversity list
 The International Gay & Lesbian Chamber of Commerce (IGLCC) ranked PwC among the most gay and lesbian friendly employers
in the world in 2011
 PwC Australia received a citation for being a 2012 Employer of Choice for Women
 For the 11th year in a row, PwC Brazil was named The Most Admired Audit Company by Carta Capital/ TNS InterScience
 PwC China was ranked #1 in the Chinese Institute of Certified Public Accountants (CICPA) Top China Accounting Firms 2011 for
the ninth consecutive year
 PwC Korea was honoured by the President of Korea with the 2011 Best Job-Creation Award to Top 100 Enterprises
 For a record ninth year running, PwC UK was placed #1in The Times Top 100 Graduate Employers for 2012
 PwC UK placed #5 in the Sunday Times Best Big Companies to Work For in the UK – up from 11th in 2011and the highest of any
of the Big Four
 PwC US ranked #1 on DiversityInc’s 2012 Top Companies for Diversity list
 PwC US made the Fortune 100 Best Places to Work at #48, up 25 places from 2011, and #11 among big employers
 Universum ranked PwC #7 of the World’s Most Attractive Employers by business students in 2012.

KPMG reports FY11 revenues of US$22.7 billion

KPMG has announced member firm combined revenues totaling $22.7 billion for the fiscal year ending September 30, 2011, a 10.1
percent increase in U.S. dollars, or 6.2 percent in local currency terms.

The strong performance spanned all geographic regions and resulted from a strategic commitment across KPMG member firms to
invest in priority high growth markets; to focus on key industries such as financial services, healthcare, government, infrastructure, and
energy; and to expand our capabilities in high-demand service offerings including Management Consulting and Tax services.

“To achieve double-digit growth in such a tough environment shows that we have the right strategy,” said Michael J. Andrew, Chairman
of KPMG International. “We achieved this by focusing on fundamentals and organic growth and making common investments in our
strategic priorities.”
KPMG recorded strong growth across all functions. Audit revenues rebounded to grow 5.8 percent in U.S. dollars, or 1.8 percent in
local currency terms, to US$10.48 billion against strong competition in the marketplace and a difficult business environment. Tax
revenues grew 13 percent in U.S. dollars, or 8.5 percent in local currency terms, to US$4.69 billion. Advisory revenues rose 14.8
percent in U.S. dollars, and 11.2 percent in local currency terms, to $7.54 billion.

Revenues grew across all KPMG’s geographic regions, with gains in U.S. dollars of 16.6 percent in Asia Pacific, 10.7 percent in the
Americas, and 7.7 percent in Europe, the Middle East, Africa, and India. Much of the growth came from high growth markets, with India
growing at 25 percent and Brazil at 22 percent in local currency terms. In October, Andrew underscored KPMG’s commitment to high
growth markets when he became the first head of a Big Four accounting network to be based in Asia.

Other FY11 developments: http://www.kpmg.com/lv/en/issuesandinsights/articlespublications/press-releases/pages/kpmg-global-revenues-fy11.aspx

Investments in Building Teams, Strengthening Capabilities


 KPMG made significant investments in China, where revenue grew 12.9 percent in local currency terms, establishing a team in
China to support KPMG China practices now operating in 41 member firms. KPMG also advised on three of the four largest
China outbound merger and acquisition transactions.
 KPMG made significant investments to strengthen capabilities to serve clients in the Healthcare sector, completing or targeting
acquisitions that are expected to add more than 40 new partners by the end of next year.

Specialized Skills, Acquisitions, Tools Created to Serve Clients


KPMG invested over $100 million in its eAudIT tool, a leading edge electronic global audit platform, which was rolled out to member
firms this year. The eAudIT tool ensures that engagement teams across the KPMG network of firms have the best accounting, auditing,
and industry knowledge available to perform the most efficient, highest quality audits for businesses of every size.
 KPMG also created a number of global Centers of Excellence that provide access to specialized skills and expertise in areas
like Financial Services Risk & Regulatory, Justice & Security, Defense, Insurance, IFRS, Healthcare, Islamic Finance, and
Cloud Computing.
 KPMG’s Management Consulting practice achieved FY11 revenue growth of 29 percent in U.S. dollars (24 percent in local
currency terms) and has become, on a combined basis, a $2 billion business in just six years. With the acquisition of
EquaTerra, KPMG jumped from fourth place to be the market leader in Shared Services and Outsourcing Advisory.

Emphasis on Sustainability, Talent


 As part of its Global Green Initiative, KPMG achieved a 29 percent reduction in net emissions per full-time equivalent
employee over a three-year period. And in April, KPMG created a global Center of Excellence for Climate Change to harness
expertise on effective sustainability strategies for clients.
 In September, the global talent consultant Universum announced that for the second consecutive year, students worldwide
ranked KPMG No. 2 in the World’s most attractive employers, second only to Google. The recognition validated KPMG’s
strategic direction and the investments that have been made to recruit and train its people.
 In August, KPMG announced that its member firms expect to hire approximately 75,000 campus graduates worldwide over the
next three years, a 25 percent increase over historical targets. The hiring will play an important role in meeting KPMG’s long-
term global growth strategy.

Recognized for Diversity, Responsive to the Global Community


 KPMG also received recognition for its diversity initiatives. Notably, Working Mother magazine honored KPMG in the United
States with its most prestigious recognition, naming the firm as a Top 10 organization on its 100 Best Companies list. KPMG
in the UK was listed as one of the Top 50 Employers for Women by The Times. KPMG in Canada was named one of
Canada’s Best Diversity Employers for 2011.
 KPMG responded quickly and generously to the natural disasters that affected our global community in 2011. Through its
Global Appeals, KPMG raised US$3.3 million for the Japan earthquake and tsunami, and made numerous donations of time
and money at the member firm level in response to disasters across the globe such as the East African famine, New Zealand
earthquake, Turkish earthquake and Thailand floods.

KPMG 2012 revenues reach USD23 billion http://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/Press-releases/Pages/2012-revenues-usd-23-billion.aspx


 Growth seen across all service lines and industries
 Bolstered by strategic investments in key service areas, emerging markets and talent recruitment
KPMG International (KPMG) today announced record-high combined revenues of US$23.03 billion for the fiscal year ending 30
September 2012, representing a 4.4% increase over the previous year in local currency terms. When adjusted to US dollars, revenues
increased by 1.4%, reflecting the relative strength of the US dollar. At a time of ongoing global economic challenges, the growth reflects
our continued strategic focus on investments in emerging markets and key service areas, as well as aggressive recruitment of top
talent. In the latest Universum rankings, business students from leading universities around the world voted KPMG as one of the most
attractive employers for the third consecutive year, ranking second overall and highest among the Big 4 firms.

Michael J. Andrew, Chairman of KPMG International, commented:


 "2012 was a year of two distinct halves; with growth strongest at 6.4% in the first six months of the year and relatively weaker
growth of 2.1% in the six months to September. Growing our business against such a challenging economic backdrop is testament
to the quality of our people and the strength of their relationships with clients."

 KPMG recorded increased revenues across all functions with particularly strong growth generated in Financial Services, Industrial
Markets and Infrastructure, Government and Healthcare. Advisory revenues grew by 8.3%, to $7.86 billion; Tax revenues grew by
6.3%, to $4.86 billion; and Audit revenues grew by 0.9%, to $10.31 billion.

 "The growth in Advisory and Tax underlines the strength of client demand for professional services," said Michael. "On the Audit
side, the market has never been more competitive and we are focused on continuing to improve audit quality, as evidenced by our
significant investments in our global audit platform that surpassed $50 million, in addition to the $100 million invested over the past
several years. KPMG member firms are also actively engaged with their regulators around the world in constructive dialogue, with
the goal of continuing to improve audit quality."

 At a regional level, the Americas delivered strong growth for the year, with revenues rising by 7%. The Europe, Middle East and
Africa region reported increased revenues of 4% across the region, despite the ongoing economic uncertainty caused by the
Eurozone crisis. The Asia Pacific region reported revenue growth of 1.1%, reflecting subdued growth in North Asia.

 KPMG's commitment to investment in rapidly growing economies was reflected by exceptional annual growth of 20% or more at
KPMG firms in Argentina, Brazil, Chile, India and Turkey. Revenue growth was also strong in Africa and Indonesia, rising by more
than 10% in each area over the last fiscal year. The decision to convert our Chinese member firm from a joint venture to a special
general partnership was also a bold step and will enable KPMG's Chinese firm to continue to contribute to the development of the
Chinese accounting profession.

 "I am proud that our Chinese member firm has grown from 30 employees only 20 years ago to 9,000 partners and staff today, with
significant potential for future growth," said Michael. "Opening a new KPMG office in Myanmar last month was a sign of our
commitment to helping to rebuild that country's economy, and to playing a leading role in the economic development of the region."
KPMG also established member firms in Iraq and Mongolia during the course of the year and now operates in 156 countries. The
decision to locate KPMG's chairman in Asia is a further indication of the commitment to the important role of this region in the global
economy.

 In addition to investing in its global audit platform and emerging markets, KPMG also focused on bolstering advisory and tax
services. Michael noted that KPMG "will continue to make acquisitions that will help build market-leading positions and capabilities
in key areas that are important to clients, as we have done in shared services and outsourcing advisory and indirect tax compliance
services, as well as in procurement and supply chain management, through our recent acquisition of BrainNet. We are making these
investments to help provide the highest quality, most innovative services to clients." He added, "I'm confident the investments we
are making will create growth and career advancement opportunities for our professionals."

 Recruiting top talent remained a priority in FY12. Over the course of the year, KPMG increased its global workforce by over 5%, to
more than 152,000 partners and staff, the highest number of individuals ever employed across the network. More than 450 new
partners were appointed over the year, bringing the number of partners across the network to more than 8,600, another record.
KPMG recruited more than 18,000 graduates last year and plans to recruit a further 60,000 graduates over the next three years,
marking the highest planned recruitment levels in KPMG's history. With its strong focus on training and advancement, KPMG has
become one of the top tier employers in the business community.

Other FY12 highlights:

 KPMG in China consolidated its leading position in M&A consulting by advising on three of the four largest Chinese business
outbound merger and acquisitions during the course of the year.

 KPMG's Management Consulting practice, part of the Advisory business, achieved growth of 15% for the year and has grown to a
business with revenues of $2.2 billion in just seven years.

 KPMG continued to invest in its global Centers of Excellence for Financial Services, Government & Infrastructure, Healthcare and
Management Consulting. The Centers bring together KPMG experts with specialized skills and expertise to bring solutions to assist
clients in navigating the fast-changing and complex business environment.

 KPMG's firms now serve more than 82% of the Global Fortune 500 list of companies.

 KPMG reinforced its commitment to sustainability, and won the prestigious International Accounting Bulletin "Sustainable Firm of the
Year" award.
 KPMG has for the first time issued its International Annual Review, Transparency Report and Communication on Progress towards
the UN Global Compact goals along with the network's financial results.

Combined revenues of KPMG member firms by region (U.S. $ billion)

KPMG regions 2011 2012 Comparison in local currency Comparison in US dollars (%)

Americas 7.05 7.45 7.0% 5.7%

Asia Pacific 4.00 4.07 1.1% 1.8%

Europe, Middle East,


11.66 11.51 4.0% (1.3%)
Africa*

Total 22.71 23.03 4.4% 1.4%


*Includes India

Combined revenues of KPMG member firms by service line (U.S. $ billion)


KPMG services 2011 2012 Comparison in local currency Comparison in US dollars (%)

Audit 10.48 10.31 0.9% (1.6%)

Tax 4.69 4.86 6.3% 3.6%

Advisory 7.54 7.86 8.3% 4.2%

Total 22.71 23.03 4.4% 1.4%

Combined average headcount (FTE) of KPMG member firms


2011 2012 Change

Partners 8,150 8,624 5.8%

Professionals 110,730 117,190 5.8%

Administration 25,797 26,576 3.0%

Total 144,677 152,390 5.3%

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