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Fortune Magazine Releases Its Annual Fortune Global 500 List

              FORTUNE MAGAZINE RELEASES ITS ANNUAL FORTUNE GLOBAL 500 LIST
The 2013 FORTUNE Global 500 Sets Record for Revenue, Shows Decrease in Profits;
Royal Dutch Shell Takes No. 1 Spot for Second Year in a Row; China Adds 16 Companies 


(New York, July 8, 2013)--Today, FORTUNE magazine releases the FORTUNE Global 500 list, its annual ranking of the world's largest corporations by revenue. U.S. companies claimed the most spots on this year's list with 132, followed by 89 Chinese companies and 62 from Japan. China added 16 new companies from the previous year. There are 151 European companies on this year's list, down from 160 last year.

On the list, FORTUNE's Deputy Managing Editor Stephanie Mehta reports: "The giants of the corporate world eked out another year of top-line gains: The 500 biggest companies in the world reported a combined $30.3 trillion in revenue last year, up almost 3%. But profits fell 5.5%, to $1.5 trillion, as some of the biggest oil companies on the list, including No. 1 Royal Dutch Shell, Total (No. 10), and Chevron (No. 11), saw declines in net income. The bright spots? Automakers Toyota (No. 8) and Volkswagen (No. 9) reported fat profits, and British insurance companies bounced back. And Chinese companies had another record year, grabbing 89 spots on the list, up from 73."

Royal Dutch Shell claims the No. 1 spot for the second straight year, followed by Wal-Mart at No. 2 and Exxon Mobil at No. 3. Seven of the top 10 companies on the list are in the energy business which was the industry with the most total companies, followed by banking as the second largest industry on the Global 500 and the automotive industry in third place.

Apple moved up 36 spots from last year, coming in at No. 19, and is the second most profitable company on the list, behind Exxon Mobil.

There are 12 female CEOs on the FORTUNE Global 500.

Wal-Mart, Exxon Mobil, General Motors and Mitsubishi are the only other companies to ever top the Global 500.

See the full FORTUNE Global 500 here: http://cnnmon.ie/9pQLZZ
#Global500

THE FORTUNE GLOBAL 500 TOP 10 LIST
1. Royal Dutch Shell (Netherlands)
2. Wal-Mart Stores (U.S.)
3. Exxon Mobil (U.S.)
4. Sinopec Group (China)
5. China National Petroleum (China)
6. BP (Britain)
7. State Grid (China)
8. Toyota Motor (Japan)
9. Volkswagen (Germany)
10. Total (France)

More on the Global 500:
-Full List: http://cnnmon.ie/1aRVHhg
-25 most profitable: http://cnnmon.ie/12xQmTU
-10 Non-native CEOs: http://cnnmon.ie/11uYKc4
-Apple on the Global 500: http://bit.ly/12Qvjec

Hashtag is #Global500

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METHODOLOGY:
Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2013. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year& surplus figures as originally reported for that year. FORTUNE does not restate the prior year's figures for changes in accounting.

Revenues
Revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes. For banks, revenue is the sum of gross interest income and gross noninterest income. For insurance companies, revenue includes premium and annuity income, investment income, realized capital gains or losses, and other income, but excludes deposits.

Employees
The figure shown is either a fiscal year-end or yearly average number, as published by the company. Where the breakdown between full- and part-time employees is supplied, a part-time employee is counted as one half of a full-time employee.

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Media Contacts:
TIME PR HOTLINE, (212) 522-4800
Danny Leonard (212) 522-0361
Kerri Chyka (212) 522-3651

Date: 
Monday, July 8, 2013