Facts and figures

Geographic coverage

PricewaterhouseCoopers has member firm offices in 749 cities in 153 countries.

PricewaterhouseCoopers people as of June 2008:


Partners

8,603
Client service staff
116,935
Practice support staff
30,155
Total
155,693


Global revenues


Aggregated revenues of PricewaterhouseCoopers firms by service line (USD millions):


FY08
at FY08
ex. rates
FY07
at FY07
ex. rates
% change
% change
at constant
ex. rate
Assurance
13,808
12,699
9%
3%
Advisory
6,899
5,739
20%
14%
Tax
7,478
6,291
19%
13%
Total gross revenues
28,185
24,729
14%
8%
FY08 revenues are expressed in US dollars at average FY08 exchange rates. FY07 revenues are shown at average FY07 exchange rates. Gross revenues are inclusive of expenses billed to clients. Fiscal year ends 30 June.

Aggregated revenues of PricewaterhouseCoopers firms by region (USD millions):

FY08
at FY08
ex. rates
FY07
at FY07
ex. rates

% change
% change
at constant
ex. rate
Asia
2,601
2,084
25%
21%
Australasia and Pacific Islands
1,366
1,086
26%
12%
Central and Eastern Europe
861
659
31%
20%
Western Europe
12,619
10,711
18%
8%
Middle East and Africa
715
596
20%
20%
North America and the Caribbean
9,332
9,029
3%
2%
South and Central America
691
564
22%
13%
Total gross revenues
28,185
24,729
14%
8%
FY08 revenues are expressed in US dollars at average FY08 exchange rates. FY07 revenues are shown at average FY07 exchange rates. Gross revenues are inclusive of expenses billed to clients. Fiscal year ends 30 June.


Additional facts

  • People by Region: Europe 41%, North America & Caribbean 25%, Asia 17%, Middle East & Africa 6%, South & Central America 6%, Australasia & Pacific Islands 5%.


  • PwC audits 32% of the FT Global 500; 30% of the Fortune Global 500; 31% of the FT Europe 500; 34% of the S & P Latin America 40; 38% of the S & P Asia 50; 29% of the Fortune 500.


  • FY 2008 worldwide gross revenues of its network of firms increased 14 percent to a record 28.2 billion USD for the fiscal year ended 30 June.


  • PwC was ranked 3rd in the Business Week's Best Places to Launch a Career.



Our history


PricewaterhouseCoopers has been created by the merger of two firms—Price Waterhouse and Coopers & Lybrand—each with historical roots going back some 150 years. Set out below are some key milestones in the history of both firms.
  • 1849 – Samuel Lowell Price sets up in business in London.

  • 1854 – William Cooper establishes his own practice in London, which seven years later becomes Cooper Brothers.


  • 1865 – Price, Holyland and Waterhouse join forces in partnership 1874 Name changes to Price, Waterhouse & Co.


  • 1898 – Robert H. Montgomery, William M. Lybrand, Adam A. Ross Jr. and his brother T. Edward Ross form Lybrand, Ross Brothers and Montgomery.


  • 1957 – Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada) and Lybrand, Ross Bros & Montgomery (US) merge to form Coopers & Lybrand.


  • 1982 – Price Waterhouse World Firm formed.


  • 1990 – Coopers & Lybrand merges with Deloitte Haskins & Sells in a number of countries around the world.


  • 1998 – Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers.

Contacts
Shelly Ko Van Pelt
Tel: +1 646 471 4074

© 2008-2009 PricewaterhouseCoopers. All rights reserved. PricewaterhouseCoopers refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
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