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Revenues by service lineRevenue figures were strong across all three of our main service offerings. Growth from our advisory business increased by 14.6 percent to US$5.7 billion, driven by a more integrated market strategy, a focus on performance improvement consulting and a particularly strong performance by our transaction services business on the back of the strong flow of M&A-related work. Our tax operations also performed exceptionally well across the world, with revenues up 15.1 percent to US$6.3 billion, again boosted by work related to M&A activities.Assurance continues to be the linchpin of our business and the service that we are best known for throughout the world. Representing 52 percent of global revenues, our assurance practice posted revenues of US$13.1 billion, up 6.7 percent, reflecting the tail off in IFRS and Sarbanes-Oxley related business and the more mature nature of this market for PwC in developed economies. Revenues by regionNearly all of our major regions boasted double-digit growth rates. Central and Eastern Europe saw revenues increase by 22.4 percent, while South and Central America enjoyed revenue growth of 19.1 percent. Our Asian firms also recorded strong growth of 18.8 percent driven by particularly good results from China, while Western Europe and North America continued to demonstrate strong growth, with revenues up 9.4 percent and 7.8 percent respectively.Revenues by firmAll of our major member firms around the world performed well, with many firms achieving over 10 percent revenue growth in the past 12 months. As expected, there were particularly strong results from some key growth markets, with China, Central and Eastern Europe, India, and the Middle East posting strong revenue growth.Revenues by industryRevenue growth was strong across many industry sectors, with markedly good results from colleagues working with clients in the automotive, investment management, pharmaceutical, banking and capital markets industries. Download the Facts & figures complete section (723kb)
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