Discover our 2011-2012 Annual Report, “Driving Progress Together”
True to its mission of strengthening financial transparency, this is the eighth consecutive year in which Mazars is publishing an annual report, voluntarily offering the transparency which is required of all its listed client companies. Our annual report presents the major events of the past financial year, within the framework of the Group's long-term strategies.
With global turnover reaching for the first time in our history the 1 billion euros milestone, €1,013.4 million at 31 August 2012, Mazars achieved 5.9% growth in its business the 2011/2012 financial year. Our organic growth remained solid in a very uncertain economic environment, testifying not only to the resiliency of our unique growth model.
“Driving Progress Together” is much more than the mere title of this report. These few words encapsulate the philosophy behind Mazars’ project. More than ever, we are convinced that collective intelligence is key to elaborate long term solutions, whether we are talking about the global crisis or about specific client issues.
A simplified structure to ease access to the right information
The full report includes our complete financial statements and the Group Transparency Report, two pillars of our commitment to transparency. Beyond these elements, the activity report gives a full overview of our fundamentals and of our long term vision, summed up in four shorter and clearer chapters:
Our DNA: Identity and Interaction
Ten pages to understand what makes Mazars a different player: service offer, ID card, key figures and locations…
“Our model involves each partner in the Group’s strategy and its performance, and the sharing of a common vision. What’s good for one is good for all, and what concerns one, concerns us all” Philippe Castagnac, Mazars Group CEO
Special guest Richard Straub, President of the Peter Drucker Society in Europe details the evolutions corporate management went through over the years and tries to define what future leaders may look like.
Strategy: Vision and implementation
Our perception of the markets, the axes of our development et the key features of the model that underpins a strategy we designed to fit client expectations and current challenges.
« The Group’s international integration dynamic is constantly nourished by cultural diversity and the contribution of new local skills. » Patrick de Cambourg, Chairman of the Group Governance Council
In this section, Jan Eliasson, Deputy Secretary-general of the United Nations share with Mazars his thoughts on how companies and governments both have a role to play in a global sustainalble development model.
Expertise: Relevance and Innovation
An analysis of our main markets and all the specificities of Mazars’ service offer.
“Mazars’ strength lies in the uniqueness of its business model. We offer the scope of a global player, ensuring quality and responsiveness, together with the talent for listening and the personal service levels of an individual business partner.” Phil Verity, co-CEO, Senior Partner of Mazars in the United Kingdom
PSR Report : Awareness and Responsibility
How Mazars develops a responsibility policy that is both global and adapted to specific local context, in the service of a key stake for companies: social responsibility.
« Promoting all talent stimulates our growth » Laurent Choain, Group Chief Human Resources Officer
Marzuki Darusman, Director of the Human Rights Resource Centre for ASEAN explains how extra-financial data is gradually becoming a critical criterion to evaluate companies’ performance.