For the fiscal year 2020-2021, as ever, we are proud to publish our consolidated Financial Statements, jointly audited and presented under the International Financial Reporting Standards.
This exercise demonstrates our ongoing commitment to transparency and accountability as we help build the economic foundations of a fairer and more prosperous world.
Despite the ongoing challenges posed by the Covid-19 crisis, I’m pleased to announce that this was an excellent fiscal year for Mazars in terms of our business and financial performance. We were able to achieve €2.1bn of fee income, representing a 12.3% increase (excluding forex impact of -1.6%) compared to the previous financial year.
We owe this double-digit growth first and foremost to the technical excellence of our people. Working as one team committed to doing what’s right, Mazars secured a good progression of service lines and geographies and significant new business across large and listed companies, as well as privately owned businesses of all sizes. This robust performance is a testament to the strength and resilience of our unique, integrated model.
But this year, perhaps more than ever, it’s important to look beyond financial performance. For over 75 years, our firm has been guided by founding principles to act responsibly, in the public interest and for future generations. As businesses around the globe face growing – and legitimate – pressure to operate more sustainably, our mission has never been more compelling. We’re perfectly positioned to support the non-financial performance of our clients and help them transform and grow responsibly.