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37 Liabilities not recognized in the company statement of financial position

The Company has given guarantees that its subsidiaries, the financial figures of which are included in the consolidated financial statements, will comply with certain contractual obligations. Read more over 37 Liabilities not recognized in the company statement of financial position

38 Number of partners

On average in 2021/2022, 158 (2020/2021: 145) FTE partners were active for the Company under management agreements. Read more over 38 Number of partners

39 Remuneration of the Board of Management

Details of the remuneration of members of the Board of Management are disclosed in Note 29.2.2 Key management to the consolidated financial statements. Read more over 39 Remuneration of the Board of Management

4 Segment reporting

An operating segment is a component of the Group that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses that relate to transactions with any of the Group’s other components. Read more over 4 Segment reporting

40 Auditor’s remuneration

The remuneration of the Company's auditors for the 2021/2022 financial year was EUR 0.4 million (2020/2021: EUR 0.4 million), of which EUR 0.3 million is related to the audit of financial statements of the Company (2020/2021: EUR 0.3 million). Read more over 40 Auditor’s remuneration

5 Revenue

The Group generates revenue primarily from single or multiple performance obligations to deliver assurance and advisory services. The main component of these contracts is labor. Read more over 5 Revenue

6 Other income

Other sources of income include amounts billed to third parties for services other than assurance and advisory services. Read more over 6 Other income

7 Cost of outsourced work and other external charges

Costs of outsourced work and other external charges relate to third-party services, including those from other members of the KPMG network, and expenses directly attributable to engagements. Read more over 7 Cost of outsourced work and other external charges

8 Employee benefits expenses

In line with 2020/2021 KPMG has further increased the various components of salaries and other employee benefits (mainly fixed and variable pay and additional one-time payments) during 2022 in reflection of the firm's higher profits. Read more over 8 Employee benefits expenses

9 Other expenses

Other employee expenses increased as a result of higher recruitment, entertainment and study costs, which reflects the increase in activities following the relaxation of Covid-19 measures. Read more over 9 Other expenses

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