LONDON, 4 October 2016 – The PwC network reported total global gross revenues of US$35.9 billion for the fiscal year ended on 30 June 2016. At constant exchange rates (local currency), PwC's total global revenues rose by over 7%.
PwC’s FY16 global annual review is an online digital experience that uses video, graphics and stories to show who we are, what we do, what we think and how we’re doing (www.pwc.com/annualreview).
1 These figures relate only to the 21 leading firms in the PwC network
Aggregated revenues of PwC firms by service line (US$ millions) | ||||
---|---|---|---|---|
FY16 at FY16 ex. rates |
FY15 at FY15 ex. rates |
% change | % change at constant ex. rate |
|
Assurance | 15,280 | 15,177 | 0.7% | 6.4% |
Advisory | 11,531 | 11,235 | 2.6% | 8.3% |
Tax | 9,085 | 8,944 | 1.6% | 7.4% |
Gross revenue | 35,896 | 35,356 | 1.5% | 7.3% |
Expenses and disbursements on client assignments | (2,257) | (2,351) | -4.0% | 0.1% |
Net revenue | 33,639 | 33,005 | 1.9% | 7.8% |
FY16 revenues are the aggregated revenues of all PwC firms and are expressed in US dollars at average FY16 exchange rates. FY15 aggregated revenues are shown at average FY15 exchange rates. Gross revenues are inclusive of expenses billed to clients. Fiscal year ends 30 June. |
Aggregated revenues of PwC firms by geographic regions (US$ millions) | ||||
---|---|---|---|---|
FY16 at FY16 ex. rates | FY15 at FY15 ex. rates | % change | % change at constant ex. rate | |
Asia | 4,391 | 4,109 | 6.80% | 10.30% |
Australasia and Pacific Islands | 1,452 | 1,584 | -8.30% | 5.30% |
Central and Eastern Europe | 678 | 715 | -5.20% | 10.00% |
Western Europe | 12,339 | 12,651 | -2.50% | 5.90% |
Middle East and Africa | 1,294 | 1,304 | -0.80% | 7.00% |
North America and the Caribbean | 14,916 | 14,035 | 6.30% | 7.50% |
South and Central America | 826 | 958 | -13.80% | 9.40% |
Gross revenue | 35,896 | 35,356 | 1.50% | 7.30% |
FY16 revenues are the aggregated revenues of all PwC firms and are expressed in US dollars at average FY16 exchange rates. FY15 aggregated revenues are shown at average FY15 exchange rates. Gross revenues are inclusive of expenses billed to clients. Fiscal year ends 30 June. |
At PwC, our purpose is to build trust in society and solve important problems. More than 7,000 partners and staff in offices across the country are committed to delivering quality in assurance, tax, consulting and deals services. PwC refers to the Canadian member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. Find out more by visiting us at: http://www.pwc.com/ca
© 2024 PricewaterhouseCoopers LLP, an Ontario limited liability partnership. All rights reserved.