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Sort by: Annual report - Financial statements 2008/2009 Annual review 2008/2009 Sustainability report 2008/2009

Operating expenses

Source: Annual report, chapter Report from the Executive Board, page 11

Operating expenses of the total organisation were down for the year by 2.8% to €605.0 million, compared to €622.4 million in the financial year 2007/2008.

Results

Source: Annual report, chapter Report from the Executive Board, page 11

Results from ordinary activities before taxation decreased by 19.9% to €94.0 million.

Financial position

Source: Annual report, chapter Report from the Executive Board, page 11

The cash position improved significantly in the year, with a positive cash flow for the financial year 2008/2009 of €19.1 million.

Segmented information

Source: Annual report, chapter Report from the Executive Board, page 12

Segmented information for the period 1 June 2008 to 31 May 2009 and 1 June 2007 to 31 May 2008

Risk management

Source: Annual report, chapter Report from the Executive Board, page 14

The Executive Board is responsible for ensuring internal risk management and control systems are effective.

Strategic risks

Source: Annual report, chapter Report from the Executive Board, page 14

Various risks may block us from achieving our strategic objectives.

Financial risks

Source: Chapter Report from the Executive Board, page 14

The main financial risks we face relate to the financing and the daily management of our working capital, the financing of our pension obligations and the risk of professional liability.

Financial instruments

Source: Chapter Report from the Executive Board, page 14

Our policy is designed to keep foreign-exchange risk, interest-rate risk, credit risk and liquidity risk within acceptable boundaries.

Operational risks

Source: Chapter Report from the Executive Board, page 15

Deloitte's success depends heavily on its people, their expertise and judgement. Our people guarantee the quality of our services and are therefore the key to achieving our objectives.

Strategic risk assessment

Source: Chapter Report from the Executive Board, page 15

On behalf of the Executive Board and in close cooperation with it, Enterprise Risk Services (ERS) conducted a strategic risk assessment covering the next two to four years.

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