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Talk:List of companies by revenue/Archive 1

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This is an old revision of this page, as edited by Fenice (talk | contribs) at 14:06, 20 September 2004 (→‎Accuracy disputed). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Row numbers

I removed the row numbering since it'll cause problems when the list is updated. - Jerryseinfeld 06:23, 19 Sep 2004 (UTC)

Current or ongoing event?

Not really, this is not data from the last 365 days, it's from the last reported fiscal year. Which in most cases are January to December 2003. - Jerryseinfeld 07:05, 19 Sep 2004 (UTC)

Why this list?

There are maybe 2,000 enterprises of this sort that brings in more than one billion dollar a year, why not have them in a list? For a list of just American companies, see Fortune 500. - Jerryseinfeld 07:18, 19 Sep 2004 (UTC)

Contribute?

If you know of a large ($1bn+) company where you live, anywhere in the world, please feel free to include it in the list. - Jerryseinfeld 07:18, 19 Sep 2004 (UTC)

Accuracy disputed

There is no info from where this data is taken.

  • "Number of employees: 205,288". Oh, really?
  • Revenue, CEO: what about year 1998, 2011?

While all these data are of interest, they must be in the corresponing articles in the first place, where they can be verified by those who read/write about this particular company. Mikkalai 08:16, 19 Sep 2004 (UTC)

C'mon, Mikkalai: "Oh, really?" is no accuracy dispute!!
Companies have to publish annual statements, that's required by law. There are strict rules as to how these statements are compiled, in the US these rules are called US GAAP (those are the rules applied to the numbers in our article here). It takes the accounting departments of big companies months to calculate these numbers and then the statements are checked and verified by certified public accountants. Anything else but to take the data from these annual reports (consisting of report, balance sheet and income statement) would be absurd.
Now I took a sample from the table in the article and checked it: Exxon Mobil. The number of employees and revenue is correct. To see this go to [1]. Click on 'financial summary'. This will lead you to a pdf, on the first page you will find the number of employees. You will also find the number 'revenue and other income =246,7 you have to deduct excise tax from that, which is given in a footnote=23,9 that is 222,8. You still have to deduct 'other income' to get revenue. you will find the other income in the companies income statement, which is in the same pdf, equalling 9,6, deduct and get 213,2 - the number in our document. I see no reason not to trust the accuracy of these data.--Fenice 14:06, 20 Sep 2004 (UTC)