Financials & downloads

During the year the KPMG Europe LLP group comprised interests in the KPMG firms in Belgium, Russia and the Commonwealth of Independent States (CIS), Germany, Saudi Arabia and Kuwait (together ‘Gulf Countries’), Luxembourg, the Netherlands, Norway, Spain, Switzerland, Turkey and the UK (see note 27); and it is through those firms that client services are delivered. These interests are referred to as ‘the legal group’. Further KPMG operations and entities in these countries, whilst not controlled by KPMG Europe LLP within the meaning of the relevant Accounting Standard, operate under the same principles as the legal group and these entities together with the legal group are referred to as ‘ELLP firms’. Where specified, figures quoted in the Financial summary and other sections of this Annual Report refer to internally reported data for the ELLP firms, as if this structure had been in place throughout 2010 and 2011, and ignoring the impact of exchange rate fluctuations.