KPMG increased its borrowings by almost $300 million over the past two financial years but booked revenue growth of more than $500 million.
KPMG increased its borrowings by $296 million over the past two financial years, while booking revenue growth of more than $500 million over the same period.
Partners have also been tapped to provide additional funds to the firm as part of a regular three-year cycle of contributions. ”Like every business, we borrow to manage our working capital. We regularly share out financial position with partners.”
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