Global rank Company Country Market value Sector Turnover Net income Total assets Employees 2011 2010 $m $m $m $m

1 2 Exxon Mobil US 417,166.7 Oil & gas producers 341,578.0 30,460.0 298,983.0 83,600 2 1 PetroChina China 326,199.2 Oil & gas producers 222,332.8 21,239.6 251,279.1 552,698 3 5 Apple US 321,072.1 Technology hardware & equipment 65,067.0 14,013.0 75,183.0 49,400 4 4 Industrial & Commercial China 251,078.1 Banks N/R 25,059.3 2,042,093.6 389,827 Bank of China 5 13 Petrobras Brazil 247,417.6 Oil & gas producers 128,478.4 21,198.2 309,336.9 80,492 6 6 BHP Billiton Australia/UK 247,079.5 Mining 50,418.3 12,148.6 83,835.2 39,570 7 11 China Construction Bank China 232,608.6 Banks 20,460.1 1,640,263.0 301,537 8 19 Royal Dutch Shell UK 228,128.7 Oil & gas producers 373,259.6 20,411.6 317,199.5 97,000 9 25 Chevron US 215,780.6 Oil & gas producers 189,607.0 19,024.0 183,918.0 62,000 10 3 Microsoft US 213,336.4 Software & computer services 61,989.0 18,760.0 86,113.0 89,000 11 9 General Electric US 212,917.8 General industrials 149,060.0 11,620.0 751,200.0 287,000 12 8 Berkshire Hathaway US 206,671.3 Nonlife insurance N/R 12,967.0 372,229.0 260,000 13 12 Nestlé Switzerland 199,406.6 Food producers 112,005.0 36,651.9 117,483.5 281,000 14 21 IBM US 198,869.8 Software & computer services 99,870.0 14,833.0 110,232.0 399,409 15 33 Gazprom Russia 190,829.1 Oil & gas producers 117,623.7 31,671.8 302,017.0 393,000 16 10 China Mobile Hong Kong 184,842.3 Mobile telecommunications 71,750.6 17,691.1 129,297.7 164,336 17 17 JP Morgan Chase US 183,639.7 Banks N/R 16,406.0 2,117,605.0 239,831 18 20 HSBC UK 181,936.9 Banks N/R 13,302.7 2,459,129.8 295,061 19 7 Wal-Mart Stores US 181,716.7 General retailers 418,952.0 16,389.0 180,336.0 2,100,000 20 24 AT&T US 180,948.8 Fixed-line telecommunications 124,280.0 19,864.0 268,488.0 265,410 21 14 Procter & Gamble US 172,528.2 Household goods & home construction 78,938.0 12,736.0 128,172.0 127,000 22 37 Oracle US 169,185.6 Software & computer services 26,820.0 6,135.0 60,311.0 105,000 23 22 Vale Brazil 168,232.1 Mining 50,135.6 18,114.5 127,844.7 70,785 24 23 Wells Fargo & Co US 167,415.9 Banks N/R 12,362.0 1,258,128.0 272,200 25 15 Johnson & Johnson US 162,361.8 Pharmaceuticals & biotechnology 61,641.0 13,334.0 97,812.0 114,000 26 31 Pfizer US 162,301.4 Pharmaceuticals & biotechnology 67,809.0 8,257.0 193,825.0 110,600 27 38 Coca-Cola US 152,258.8 Beverages 35,200.0 11,809.0 72,823.0 139,600 28 30 Google US 147,199.8 Software & computer services 29,118.0 8,505.0 57,586.0 24,400 29 26 Bank of China China 145,977.9 Banks N/R 15,842.3 1,583,323.2 279,301 30 42 Vodafone Group UK 145,923.3 Mobile telecommunications 67,484.0 13,118.4 236,649.4 84,990 31 35 Rio Tinto Australia/UK 144,447.4 Mining 56,576.0 14,324.0 112,402.0 69,002 32 28 Novartis Switzerland 143,633.0 Pharmaceuticals & biotechnology 56,400.6 10,911.6 131,006.7 119,418 33 34 Total France 143,227.1 Oil & gas producers 188,053.8 14,151.3 190,549.1 92,855 34 Agricultural Bank of China China 141,363.1 Banks N/R 14,395.2 1,568,507.6 444,447 35 32 Toyota Motor Japan 139,367.4 Automobiles & parts 202,775.4 2,241.2 323,425.4 320,590 36 43 Samsung Electronics South Korea 138,159.2 Technology hardware & equipment 137,930.3 14,092.7 118,782.9 85,085 37 18 BP UK 136,848.0 Oil & gas producers 300,439.1 -3,760.7 274,781.6 79,700 38 16 Bank of America US 134,914.9 Banks N/R -2,242.0 2,264,909.0 288,000 39 45 Citigroup US 128,703.9 Banks N/R 10,512.0 1,913,902.0 260,000 40 29 Roche Switzerland 127,055.6 Pharmaceuticals & biotechnology 50,827.4 9,278.3 62,796.4 80,653 41 71 Schlumberger US 126,818.6 Oil equipment & services 27,447.0 4,267.0 51,767.0 108,000 42 54 Siemens Germany 125,465.5 General industrials 103,512.4 5,312.0 134,723.7 405,000 43 52 Philip Morris International US 117,945.6 Tobacco 27,184.0 7,226.0 35,050.0 78,300 44 48 Telefonica 114,411.3 Fixed-line telecommunications 81,308.0 13,610.5 166,107.3 257,426 45 69 ConocoPhillips US 114,171.6 Oil & gas producers 176,906.0 11,358.0 156,154.0 29,700 46 75 CNOOC Hong Kong 112,560.2 Oil & gas producers 27,067.9 8,045.5 49,752.8 4,650 47 40 Intel US 110,747.8 Technology hardware & equipment 43,623.0 11,464.0 62,897.0 82,500 48 58 Verizon Communications US 107,911.9 Fixed-line telecommunications 106,565.0 2,549.0 220,005.0 194,400 49 36 Sinopec China 107,906.8 Oil & gas producers 284,741.7 10,893.5 148,630.7 373,375 50 47 PepsiCo US 103,085.3 Beverages 57,838.0 6,320.0 68,153.0 294,000 51 44 Merck US 101,772.4 Pharmaceuticals & biotechnology 45,913.0 859.0 105,309.0 94,000 52 57 Itau Unibanco Brazil 99,719.8 Banks N/R 8,025.9 439,828.9 108,000 53 50 GlaxoSmithKline UK 98,600.1 Pharmaceuticals & biotechnology 44,293.2 2,549.1 61,878.2 96,461 54 53 Eni 98,502.9 Oil & gas producers 132,348.3 8,457.8 170,008.3 78,830 55 46 Banco Santander Spain 98,119.8 Banks N/R 10,951.8 1,629,856.4 178,869 56 62 Rosneft Russia 96,953.5 Oil & gas producers 46,134.7 10,362.0 93,704.0 158,884 57 27 Cisco Systems US 94,805.1 Technology hardware & equipment 40,040.0 7,767.0 79,051.0 70,700 58 41 China Life Insurance China 94,680.5 Life insurance N/R 5,101.7 214,013.1 103,220 59 51 Sanofi-Aventis France 92,044.4 Pharmaceuticals & biotechnology 40,674.8 7,318.6 110,057.7 101,575 60 59 GDF Suez France 91,809.4 Gas, water & multiutilities 113,089.9 6,179.4 244,964.2 236,116 61 65 Anheuser-Busch InBev Belgium 91,560.1 Beverages 36,810.2 4,082.9 113,598.2 114,313 62 77 Qualcomm US 90,126.6 Technology hardware & equipment 10,991.0 3,247.0 28,650.0 17,500 63 60 China Shenhua Energy China 89,270.6 Mining 23,071.0 5,785.4 51,611.2 65,154 64 39 Hewlett-Packard US 88,656.2 Technology hardware & equipment 125,682.0 8,761.0 122,433.0 324,600 ?????

Global rank Company Country Market value Sector Turnover Net income Total assets Employees 2011 2010 $m $m $m $m

65 74 Statoil Norway 88,366.3 Oil & gas producers 90,437.5 6,538.7 110,082.0 30,344 66 63 Royal Bank Canada Canada 88,019.1 Banks N/R 5,125.6 711,045.0 72,126 67 55 BNP Paribas France 87,789.0 Banks 10,081.7 2,662,542.0 205,348 68 61 Unilever Netherlands/ 87,303.4 Food producers 59,253.1 5,689.4 54,713.6 165,000 UK 69 80 Occidental Petroleum US 84,936.8 Oil & gas producers 19,043.0 4,524.0 52,432.0 11,000 70 103 BG Group UK 84,230.0 Oil & gas producers 17,358.5 3,388.6 49,780.9 6,238 71 66 Saudi Basic Industries Saudi Arabia 84,196.6 Chemicals 40,525.9 5,741.1 84,294.6 33,000 72 67 Commonwealth Bank Australia 83,936.7 Banks N/R 4,759.7 542,069.7 45,025 of Australia 73 86 Sberbank of Russia Russia 83,576.6 Banks N/R 5,956.5 282,190.1 257,046 74 56 Goldman Sachs US 82,552.4 Financial services N/R 8,354.0 905,093.0 35,700 75 82 Walt Disney US 81,830.8 Media 38,063.0 3,963.0 69,206.0 149,000 76 126 AMX Mexico 81,595.4 Mobile telecommunications 49,187.6 7,349.3 69,568.7 55,627 77 95 Amazon.com US 81,239.3 General retailers 34,204.0 1,152.0 18,775.0 33,700 78 79 British American Tobacco UK 79,904.0 Tobacco 23,218.4 4,491.4 42,822.1 92,285 79 127 Ambev Brazil 79,604.2 Beverages 15,200.8 4,555.1 25,053.4 44,900 80 110 Basf Germany 79,546.8 Chemicals 85,506.2 6,100.4 78,698.9 103,449 81 76 McDonald’s US 79,384.6 Travel & leisure 24,074.6 4,946.3 31,384.8 400,000 82 78 United Technologies US 77,979.0 Aerospace & defence 54,207.0 4,373.0 56,523.0 208,200 83 89 Toronto-Dominion Bank Canada 77,949.8 Banks N/R 4,557.4 607,990.5 68,725 84 108 LVMH France 77,612.9 Personal goods 27,202.2 4,058.9 48,856.8 83,542 85 83 NTT DoCoMo Japan 76,998.4 Mobile telecommunications 45,843.1 5,294.2 69,365.2 22,297 86 68 Reliance Industries India 76,909.0 Oil & gas producers 45,328.0 5,466.6 57,882.2 23,365 87 49 EDF France 76,664.7 Electricity 87,235.7 1,365.5 319,189.2 158,764 88 64 Abbott Laboratories US 75,908.8 Pharmaceuticals & biotechnology 35,167.0 4,626.0 58,810.2 90,000 89 70 Westpac Banking Australia 75,705.4 Banks N/R 6,137.3 595,733.4 38,962 90 134 Daimler Germany 75,385.2 Automobiles & parts 130,871.7 6,021.4 178,336.3 260,100 91 97 SAP Germany 75,209.9 Software & computer services 16,685.4 2,424.4 26,914.4 53,513 92 154 Volkswagen Germany 72,978.5 Automobiles & parts 169,846.3 9,150.0 261,238.7 399,381 93 112 Bradesco Brazil 71,981.5 Banks N/R 6,037.2 373,516.9 95,248 94 175 Caterpillar US 71,132.8 Industrial engineering 42,588.0 2,700.0 61,527.0 104,490 95 131 Suncor Energy Canada 70,234.1 Oil & gas producers 33,982.0 3,581.8 70,324.0 12,076 96 92 L’Oréal France 69,898.3 Personal goods 26,098.8 2,998.3 31,350.0 66,619 97 114 Xstrata UK 69,240.3 Mining 30,841.1 4,740.6 69,409.9 38,561 98 105 UBS Switzerland 69,006.9 Banks N/R 8,066.4 1,400,108.5 64,617 99 87 Honda Motor Japan 68,300.1 Automobiles & parts 91,797.2 2,871.9 122,201.9 176,815 100 106 Anglo American UK 67,950.0 Mining 28,352.5 6,635.9 66,163.5 100,000 101 119 Comcast US 67,358.7 Media 37,937.0 3,635.0 118,534.0 102,000 102 99 Deutsche Telekom Germany 66,658.6 Mobile telecommunications 83,562.4 2,269.1 164,234.5 246,777 103 96 3M US 66,553.7 General industrials 26,662.0 4,001.0 29,508.0 80,057 104 125 Bank of Nova Scotia Canada 65,958.4 Banks N/R 4,159.9 514,657.2 70,772 105 72 Mitsubishi UFJ Financial Japan 65,563.9 Banks N/R 4,159.5 2,177,026.8 84,266 106 84 Nippon Telegraph & Japan 65,284.0 Fixed-line telecommunications 108,940.7 5,267.3 193,778.3 194,982 Telephone 107 107 Ping An Insurance China 65,120.7 Life insurance N/R 2,626.6 177,772.4 128,808 108 113 Bayer Germany 64,120.8 Chemicals 46,972.0 1,741.6 67,379.0 111,400 109 100 ANZ Banking Australia 63,932.5 Banks N/R 4,353.0 513,489.5 46,917 110 111 Allianz Germany 63,872.0 Nonlife insurance N/R 6,764.4 815,459.0 151,338 111 88 AstraZeneca UK 63,514.2 Pharmaceuticals & biotechnology 32,741.6 7,925.4 55,284.6 61,100 112 90 Lloyds Banking Group UK 63,388.1 Banks N/R -499.2 1,540,418.8 122,979 113 American International US 63,093.9 Nonlife insurance N/R 1,583.0 683,443.0 63,000 Group 114 133 Taiwan Semiconductor Taiwan 62,212.0 Technology hardware & equipment 14,381.8 5,539.8 24,392.5 38,393 Manufacturing 115 171 Novo Nordisk 61,961.4 Pharmaceuticals & biotechnology 10,907.5 2,584.9 10,688.3 30,014 116 73 Eon Germany 61,193.3 Gas, water & multiutilities 124,314.8 7,835.4 201,339.0 85,105 117 115 Standard Chartered UK 60,865.1 Banks N/R 4,380.6 515,595.2 85,231 118 140 Lukoil Russia 60,835.3 Oil & gas producers 85,763.3 8,973.1 83,341.0 152,500 119 117 Home Depot US 60,113.9 General retailers 67,997.0 3,338.0 40,104.0 321,000 120 91 France Telecom France 59,428.3 Fixed-line telecommunications 60,914.4 6,532.8 120,284.0 161,392 121 122 Enel Italy 59,355.1 Electricity 96,309.4 5,876.9 216,914.6 78,313 122 93 Canon Japan 58,255.5 Technology hardware & equipment 45,669.0 3,038.2 49,080.7 197,386 123 118 National Australia Bank Australia 58,001.1 Banks N/R 4,085.1 661,438.5 44,551 124 81 ArcelorMittal Netherlands 56,539.9 Industrial metals & mining 79,128.1 2,957.2 124,301.2 273,811 Global rank Company Country Market value Sector Turnover Net income Total assets Employees 2011 2010 $m $m $m $m

125 161 Ford Motor US 56,400.2 Automobiles & parts 128,954.0 6,561.0 163,325.0 164,000 126 148 SabMiller UK 56,154.2 Beverages 13,467.8 1,812.2 37,340.0 70,131 127 130 ABB Switzerland 55,670.6 Industrial engineering 35,012.3 2,838.5 35,747.9 116,500 128 124 Oil & Natural Gas India 55,655.2 Oil & gas producers 22,618.1 4,328.9 44,629.5 32,826 129 101 Bank of Communications China 55,027.2 Banks N/R 5,923.5 598,421.9 85,290 130 123 Kraft Foods US 54,846.3 Food producers 49,207.0 5,710.0 95,289.0 127,000 131 196 EMC US 54,787.1 Technology hardware & equipment 17,015.1 1,890.7 30,833.3 48,500 132 141 Deutsche Bank Germany 54,720.5 Banks N/R 3,092.4 2,539,881.8 102,062 133 149 United Parcel Service US 54,644.4 Industrial transportation 49,449.0 3,488.0 33,500.0 400,600 134 128 BBVA Spain 54,559.3 Banks N/R 6,259.7 732,533.9 106,976 135 116 Boeing US 54,491.7 Aerospace & defence 64,306.0 3,307.0 64,534.0 160,500 136 157 Altria Group US 54,454.4 Tobacco 16,892.0 3,890.0 37,402.0 10,000 137 138 American Express US 54,348.8 Financial services N/R 4,006.0 143,645.0 61,000 138 85 Barclays UK 54,213.7 Banks N/R 5,560.1 2,320,008.9 147,500 139 169 Canadian Natural Canada 53,901.9 Oil & gas producers 12,939.8 1,702.1 42,797.4 4,671 Resources 140 150 Walmex Mexico 53,400.3 General retailers 27,177.6 1,582.0 15,763.8 219,767 141 252 BMW Germany 53,188.5 Automobiles & parts 80,960.0 4,307.9 143,874.4 95,453 142 202 Freeport-McMoran US 52,577.9 Industrial metals & mining 18,395.0 4,336.0 29,384.0 29,700 Copper & Gold 143 155 Banco Brasil Brazil 51,965.2 Banks N/R 8,110.2 488,790.5 109,026 144 218 Tata Consultancy Services India 51,898.5 Software & computer services 6,699.5 1,561.8 6,074.2 160,429 145 189 Barrick Gold Canada 51,742.6 Mining 11,264.1 3,400.5 32,855.0 20,000 146 223 E.I. Du Pont de Nemours US 50,922.7 Chemicals 31,505.0 3,031.0 37,638.0 60,000 147 137 US Bancorp US 50,888.8 Banks N/R 3,421.0 307,786.0 60,584 148 152 Iberdrola Spain 50,697.0 Electricity 40,737.7 3,843.3 120,767.2 31,344 149 94 Credit Suisse Group Switzerland 50,604.2 Banks N/R 5,173.4 1,094,844.1 50,100 150 237 Hutchison Whampoa Hong Kong 50,481.7 General industrials 26,911.0 2,577.9 90,964.8 240,000 151 205 Potash Corporation Canada 50,224.6 Chemicals 6,791.3 1,876.0 15,594.2 5,486 of Saskatchewan 152 216 Apache US 50,109.9 Oil & gas producers 11,929.0 3,032.0 43,425.0 4,449 153 164 Inditex Spain 50,083.9 General retailers 15,266.5 1,810.4 11,158.7 92,301 154 207 Norilsk Nickel Russia 50,058.2 Industrial metals & mining 10,635.4 2,723.0 22,702.0 88,000 155 139 Alcon US 50,048.6 Healthcare equipment & services 7,957.0 2,449.5 9,812.0 16,700 156 104 Amgen US 49,839.6 Pharmaceuticals & biotechnology 15,006.0 4,627.0 43,486.0 17,400 157 188 UnitedHealth Group US 49,435.0 Healthcare equipment & services 94,178.0 4,634.0 63,063.0 87,000 158 120 Tesco UK 49,141.7 Food & drug retailers 86,753.0 3,547.3 70,099.1 472,094 159 121 China Merchants Bank China 48,845.2 Banks N/R 3,910.0 364,535.4 43,089 160 147 Société Générale France 48,566.1 Banks N/R 4,793.9 1,508,978.1 160,704 161 129 Axa France 48,547.0 Nonlife insurance N/R 3,680.1 959,574.3 102,957 162 183 ING Netherlands 48,543.9 Life insurance N/R 4,310.6 1,657,159.0 107,106 163 143 Hennes & Mauritz 48,531.6 General retailers 15,438.2 2,658.5 8,270.6 59,440 164 General Motors US 48,429.8 Automobiles & parts 135,592.0 6,172.0 138,590.0 67,000 165 195 Union Pacific US 48,280.1 Industrial transportation 16,965.0 2,780.0 43,088.0 42,884 166 109 Unicredit Italy 47,772.2 Banks N/R 1,771.1 1,244,296.3 162,009 167 158 Diageo UK 47,541.2 Beverages 14,618.9 2,435.0 28,288.5 23,521 168 153 Mitsubishi Japan 47,282.3 Support services 48,594.1 2,922.7 116,185.7 58,583 169 98 Teva Pharmaceutical Israel 47,235.7 Pharmaceuticals & biotechnology 17,054.0 3,523.8 38,075.0 39,660 170 204 Metlife US 47,197.1 Life insurance N/R 2,790.0 730,906.0 66,000 171 172 News Corp US 46,977.5 Media 32,778.0 2,539.0 54,243.0 51,000 172 132 CVS Caremark US 46,886.8 Food & drug retailers 96,413.0 3,427.0 62,169.0 280,000 173 213 Honeywell International US 46,876.9 General industrials 33,389.0 2,022.0 36,616.0 130,000 174 242 Schneider Electric France 46,543.7 Electronic & electrical equipment 26,211.6 2,302.6 40,198.2 123,482 175 145 Santander Brasil Brazil 46,256.7 Banks N/R 4,447.1 217,492.8 54,000 176 279 Halliburton US 45,521.7 Oil equipment & services 17,973.0 1,835.0 18,297.0 58,000 177 151 Bristol Myers Squibb US 45,054.7 Pharmaceuticals & biotechnology 19,484.0 3,090.0 30,226.0 27,000 178 197 Tencent Holdings Hong Kong 44,747.2 Software & computer services 2,980.7 1,221.9 5,402.9 10,692 179 220 Dow Chemical US 44,290.1 Chemicals 53,674.0 2,310.0 67,509.0 49,505 180 170 Nordea Bank Sweden 44,280.6 Banks N/R 3,746.6 777,190.9 33,809 181 146 Sumitomo Mitsui Japan 44,120.9 Banks N/R 2,905.7 1,310,010.9 57,888 Financial 182 186 Emerson Electric US 44,062.8 Electronic & electrical equipment 21,044.0 2,164.0 22,843.0 127,700 183 174 Surgutneftegas Russia 43,418.2 Oil & gas producers 17,372.9 3,835.5 43,027.1 184 286 Softbank Japan 43,363.8 Mobile telecommunications 29,568.4 1,034.9 46,119.4 21,885 185 229 Imperial Oil Canada 43,186.2 Oil & gas producers 25,021.1 2,216.7 20,642.0 4,970 ?????

Global rank Company Country Market value Sector Turnover Net income Total assets Employees 2011 2010 $m $m $m $m

186 176 Danone France 42,382.5 Food producers 22,771.1 2,503.4 36,744.4 100,995 187 166 Morgan Stanley US 42,226.6 Financial services N/R 3,845.0 807,698.0 62,542 188 214 Ericsson Sweden 42,148.2 Technology hardware & equipment 30,282.6 1,659.9 40,071.1 90,261 189 136 Medtronic US 42,080.0 Healthcare equipment & services 15,817.0 3,099.0 28,090.0 43,000 190 260 Repsol YPF Spain 41,883.5 Oil & gas producers 74,344.2 6,282.5 87,868.9 43,298 191 225 Infosys Technologies India 41,465.2 Software & computer services 5,073.7 1,397.9 6,091.5 113,800 192 198 Anadarko Petroleum US 41,217.6 Oil & gas producers 10,841.0 761.0 51,559.0 4,400 193 187 Zurich Financial Services Switzerland 41,202.8 Nonlife insurance N/R 3,806.1 354,783.7 54,934 194 228 A. P. Moller - Maersk Denmark 40,926.7 Industrial transportation 56,604.1 4,747.9 66,330.1 108,110 195 311 Deere US 40,794.7 Industrial engineering 26,004.6 1,865.0 40,789.7 55,700 196 316 Hyundai Motor South Korea 40,764.0 Automobiles & parts 100,430.0 4,853.6 104,980.4 56,137 197 160 Eli Lilly US 40,715.1 Pharmaceuticals & biotechnology 23,076.0 5,069.5 31,001.4 38,350 198 181 Sun Hung Kai Properties Hong Kong 40,707.2 Real estate investment & services N/R 3,600.7 45,145.6 32,000 199 246 Texas Instruments US 40,400.7 Technology hardware & equipment 13,966.0 3,184.0 12,474.0 28,412 200 394 Novatek Russia 40,366.1 Oil & gas producers 3,811.8 1,325.4 9,279.6 201 206 eBay US 40,276.5 General retailers 9,145.1 1,801.0 22,003.8 17,700 202 179 Nissan Motor Japan 40,254.4 Automobiles & parts 80,434.9 453.6 107,868.4 157,624 203 167 Posco South Korea 40,137.9 Industrial metals & mining 54,089.0 3,729.7 60,225.1 204 276 Goldcorp Canada 39,677.6 Mining 3,946.7 1,626.6 28,806.8 205 159 Colgate-Palmolive US 39,609.4 Personal goods 15,564.0 2,203.0 11,088.0 39,200 206 168 Credit Agricole France 39,466.7 Banks N/R 1,690.8 2,126,253.4 87,520 207 256 State Bank of India India 39,412.8 Banks N/R 2,617.8 322,761.1 200,299 208 262 Devon Energy US 39,185.8 Oil & gas producers 9,129.0 4,550.0 32,927.0 5,000 209 289 China Unicom Hong Kong 39,138.1 Mobile telecommunications 25,329.7 569.4 66,242.7 215,600 210 249 Ogx Petroleo Brazil 39,055.6 Oil & gas producers -74.4 6,017.2 213 211 203 Time Warner US 39,014.1 Media 26,888.0 2,578.0 66,524.0 31,000 212 142 Nintendo Japan 38,887.2 Leisure goods 15,347.7 2,446.4 18,458.1 4,425 213 177 Monsanto US 38,782.0 Food producers 10,502.0 1,109.0 16,853.0 21,400 214 162 Blackrock US 38,547.7 Financial services N/R 2,051.0 178,449.0 9,127 215 180 Royal Bank of Scotland UK 38,301.7 Banks N/R -1,561.6 2,257,723.5 145,500 216 200 Singapore Telecom Singapore 38,179.9 Mobile telecommunications 12,059.3 2,792.9 26,491.4 23,000 217 222 Wesfarmers Australia 38,092.3 General retailers 43,264.9 1,315.1 32,460.7 200,930 218 269 MTN Group South Africa 38,075.7 Mobile telecommunications 17,324.2 2,160.2 23,382.0 219 224 Woodside Petroleum Australia 37,915.6 Oil & gas producers 4,658.2 1,749.8 20,155.0 3,650 220 350 Marathon Oil US 37,898.3 Oil & gas producers 66,993.0 2,568.0 50,014.0 29,677 221 233 Air Liquide France 37,817.3 Chemicals 18,056.3 1,879.0 29,760.8 43,600 222 251 Cheung Kong Holdings Hong Kong 37,758.1 Real estate investment & services N/R 3,406.4 42,278.6 9,500 223 144 Intesa Sanpaolo Italy 37,578.2 Banks N/R 3,619.2 881,383.9 98,798 224 231 TeliaSonera Sweden 37,443.0 Mobile telecommunications 15,872.2 3,165.6 35,964.6 28,945 225 369 Volvo Sweden 37,407.8 Industrial engineering 39,426.4 1,618.2 45,524.4 90,409 226 173 Reckitt Benckiser UK 37,269.2 Household goods & home construction 13,187.2 2,446.2 20,594.4 27,200 227 292 Sasol South Africa 37,164.9 Oil & gas producers 15,933.6 2,077.6 20,251.3 33,339 228 192 Bank of New York Mellon US 37,096.7 Financial services N/R 2,518.0 247,259.0 48,000 229 AIA Group Hong Kong 37,084.9 Life insurance N/R 2,701.6 107,249.0 21,000 230 234 DirecTV US 37,045.7 Media 24,102.0 2,198.0 17,589.0 16,300 231 199 Walgreen US 37,025.8 Food & drug retailers 67,420.0 2,091.0 26,362.0 244,000 232 211 Takeda Pharmaceutical Japan 36,967.9 Pharmaceuticals & biotechnology 15,685.8 3,185.9 30,138.4 19,654 233 221 Bank of Montreal Canada 36,815.9 Banks N/R 2,757.6 403,962.9 37,947 234 156 Visa US 36,417.8 Financial services N/R 2,966.0 33,408.0 6,800 235 305 Fanuc Japan 36,382.8 Industrial engineering 2,711.3 401.4 9,540.7 4,926 236 263 VTB Bank Russia 36,328.4 Banks N/R 1,903.1 139,073.1 51,781 237 217 Telstra Australia 36,288.2 Fixed-line telecommunications 20,851.4 3,263.0 33,007.7 41,690 238 193 Japan Tobacco Japan 36,257.2 Tobacco 65,641.2 1,481.4 40,523.3 49,665 239 245 Mizuho Financial Group Japan 36,169.4 Banks N/R 2,561.6 1,666,209.8 57,014 240 Hyundai Heavy Industries South Korea 35,888.6 Industrial engineering 19,982.3 3,354.4 25,764.2 241 135 RWE Germany 35,754.8 Gas, water & multiutilities 67,901.0 4,428.4 121,400.4 70,856 242 285 Accenture US 35,691.0 Support services 23,094.1 1,780.7 12,303.1 204,000 243 184 NTPC India 35,685.0 Electricity 10,778.3 1,971.7 28,794.7 24,955 244 226 Vivendi France 35,381.2 Media 38,658.7 2,942.4 76,515.5 54,561 245 281 Mosaic US 35,134.2 Chemicals 6,759.1 827.1 12,401.8 7,500 246 209 Lowe’s Companies US 34,843.2 General retailers 48,815.0 1,993.0 33,699.0 234,000 247 240 Vinci France 34,790.7 Construction & materials 45,519.5 2,377.4 75,325.8 179,527 248 178 Target US 34,660.1 General retailers 67,390.0 2,920.0 43,705.0 355,000 249 264 Canadian National Canada 34,497.2 Industrial transportation 8,322.0 2,110.3 25,281.9 15,462 Railway Global rank Company Country Market value Sector Turnover Net income Total assets Employees 2011 2010 $m $m $m $m

250 310 Boc Hong Kong Hong Kong 34,457.9 Banks N/R 2,083.6 213,672.6 13,806 251 283 Southern Copper US 34,229.5 Industrial metals & mining 5,149.5 1,554.0 8,084.1 11,126 252 298 Danaher US 34,211.5 Electronic & electrical equipment 13,202.6 1,793.0 22,217.1 48,200 253 379 Komatsu Japan 34,042.6 Industrial engineering 15,317.7 359.1 20,571.7 38,518 254 267 CIBC Canada 33,957.7 Banks N/R 2,406.3 344,721.8 42,354 255 254 Itausa Brazil 33,943.5 Financial services N/R 2,661.6 166,090.2 125,000 256 194 Hon Hai Precision Industry Taiwan 33,839.7 Electronic & electrical equipment 61,244.0 2,365.9 31,946.0 611,000 257 191 Generali Italy 33,758.8 Nonlife insurance N/R 2,278.3 552,983.1 85,368 258 232 Woolworths Australia 33,716.2 Food & drug retailers 43,440.8 1,698.2 15,172.1 188,000 259 165 Gilead Sciences US 33,677.5 Pharmaceuticals & biotechnology 7,949.4 2,901.3 11,439.3 4,000 260 326 National Grid UK 33,402.3 Gas, water & multiutilities 20,655.5 2,103.2 66,089.5 28,106 261 185 China Citic Bank China 33,384.4 Banks N/R 3,263.4 315,387.8 262 478 National Oilwell Varco US 33,378.3 Oil equipment & services 12,146.0 1,667.0 22,709.0 35,584 263 341 PTT Thailand 33,346.4 Oil & gas producers 63,194.2 2,763.5 41,040.0 12,541 264 241 PNC Financial Services US 33,101.8 Banks N/R 3,401.0 264,284.0 50,769 265 243 Mitsui Japan 32,906.2 Support services 43,832.0 1,602.0 89,405.0 41,454 266 247 Thomson Reuters Canada 32,620.4 Media 13,070.0 909.0 35,463.0 57,900 267 319 Saint Gobain France 32,546.5 Construction & materials 53,706.9 1,511.4 57,961.3 187,891 268 235 Corning US 32,302.3 Technology hardware & equipment 6,631.0 3,558.0 23,043.0 26,200 269 182 Sony Japan 32,291.6 Leisure goods 77,224.6 -436.6 133,349.6 167,900 270 288 Southern US 32,226.4 Electricity 17,458.0 2,040.0 53,752.0 25,940 271 102 Nokia Finland 32,072.6 Technology hardware & equipment 56,822.0 2,476.6 50,237.0 132,427 272 294 Costco Wholesale US 32,030.5 General retailers 77,946.0 1,304.0 23,805.0 147,000 273 HTC Taiwan 31,975.9 Technology hardware & equipment 9,555.9 1,355.2 6,445.2 12,575 274 Baker Hughes US 31,887.7 Oil equipment & services 14,414.0 812.0 22,986.0 53,100 275 332 Eog Resources US 31,783.2 Oil & gas producers 5,790.9 160.7 21,624.2 2,290 276 425 Atlas Copco Sweden 31,766.8 Industrial engineering 10,405.8 1,477.4 10,471.0 32,790 277 236 Philips Electronics Netherlands 31,562.0 Leisure goods 34,028.2 1,935.8 41,389.6 119,001 278 309 Heineken Netherlands 31,514.8 Beverages 21,597.1 1,922.4 34,966.6 65,730 279 Newcrest Mining Australia 31,502.9 Mining 2,354.5 468.0 5,094.4 7,600 280 352 ITC India 31,485.3 Tobacco 4,267.2 929.9 5,309.8 23,473 281 239 Imperial Tobacco UK 31,456.3 Tobacco 23,613.3 2,366.4 47,901.0 38,300 282 212 Manulife Financial Canada 31,401.4 Life insurance N/R -392.2 418,986.4 24,819 283 328 Simon Property Group US 31,393.9 Real estate investment trusts N/R 617.0 24,848.4 5,900 284 190 Panasonic Japan 31,314.3 Leisure goods 79,372.4 -1,107.1 85,596.2 384,586 285 315 Formosa Petrochemical Taiwan 31,260.2 Oil & gas producers 25,672.2 1,402.9 15,323.3 5,604 286 299 Teck Resources Canada 31,215.2 Industrial metals & mining 9,367.1 1,865.6 28,980.0 9,100 287 270 Mastercard US 31,126.7 Financial services N/R 1,843.0 8,832.0 5,600 288 215 Al Rajhi Bank Saudi Arabia 31,098.8 Banks N/R 1,805.6 49,291.5 9,578 289 208 China Pacific Insurance China 30,960.8 Life insurance N/R 1,298.3 72,180.2 74,590 290 287 Hang Seng Bank Hong Kong 30,871.9 Banks N/R 1,919.1 117,960.6 9,642 291 293 Syngenta Switzerland 30,865.4 Chemicals 12,902.5 1,548.4 16,460.9 26,200 292 210 Baxter International US 30,852.2 Healthcare equipment & services 12,846.0 1,420.0 16,350.0 48,000 293 306 Praxair US 30,845.8 Chemicals 10,116.0 1,195.0 15,274.0 26,261 294 Las Vegas Sands US 30,671.6 Travel & leisure 6,853.2 599.4 21,033.9 34,000 295 227 Carnival US/UK 30,516.9 Travel & leisure 14,469.0 1,978.0 37,490.0 89,200 296 290 Bharti Airtel India 30,443.2 Mobile telecommunications 9,332.2 2,044.3 16,746.2 18,354 297 386 Richemont Switzerland 30,268.7 Personal goods 7,376.1 853.6 10,018.9 19,137 298 362 Fortum Finland 30,205.7 Electricity 8,428.4 1,740.3 29,214.2 10,585 299 219 Carrefour France 30,116.6 Food & drug retailers 120,614.6 579.7 70,795.3 475,976 300 268 Prudential Financial US 30,016.5 Life insurance N/R 2,716.0 539,854.0 41,044 301 255 Shanghai Pudong China 29,843.5 Banks N/R 2,909.8 332,505.5 28,081 Development Bank 302 370 Jardine Strategic Hong Kong 29,767.2 General industrials 25,484.1 3,533.1 46,476.0 303 230 Munich Re Germany 29,687.4 Nonlife insurance N/R 3,242.3 301,083.4 46,915 304 401 Cenovus Energy Canada 29,628.4 Oil & gas producers 13,012.1 996.0 22,161.5 2,375 305 258 Fedex US 29,529.8 Industrial transportation 34,734.0 1,184.0 24,902.0 269,400 306 163 Research In Motion Canada 29,528.8 Technology hardware & equipment 15,653.8 2,572.3 10,204.4 13,873 307 291 Denso Japan 29,440.5 Automobiles & parts 31,850.8 785.7 35,461.2 120,812 308 271 Express Scripts US 29,424.4 Healthcare equipment & services 44,973.2 1,181.2 10,557.8 13,170 309 259 Nike US 29,409.8 Personal goods 18,962.6 1,906.7 13,873.5 34,400 310 380 Grupo Mexico Mexico 29,074.7 Industrial metals & mining 8,314.6 1,759.9 14,822.6 311 Hyundai Mobis South Korea 29,062.5 Automobiles & parts 12,214.7 2,161.2 12,364.6 312 302 Tenaris 29,032.7 Industrial metals & mining 7,820.6 1,143.3 14,153.8 25,422 313 397 CSX US 28,973.5 Industrial transportation 10,636.0 1,563.0 28,141.0 26,000 ?????

Global rank Company Country Market value Sector Turnover Net income Total assets Employees 2011 2010 $m $m $m $m

314 384 Hess US 28,916.7 Oil & gas producers 33,862.0 2,125.0 33,229.0 13,800 315 375 Prudential UK 28,828.5 Life insurance N/R 2,232.5 401,362.9 25,992 316 296 Telecom Italia Italy 28,759.9 Fixed-line telecommunications 36,909.0 4,178.1 116,824.8 84,200 317 330 ICICI Bank India 28,739.4 Banks N/R 1,041.9 108,619.2 35,256 318 253 General Dynamics US 28,584.3 Aerospace & defence 32,466.0 2,624.0 32,186.0 90,000 319 372 Jardine Matheson Hong Kong 28,416.7 General industrials 30,036.7 3,082.3 47,943.0 66,656 320 377 Viacom US 28,329.1 Media 12,449.3 1,138.3 21,940.0 10,900 321 312 Transcanada Canada 28,267.6 Oil equipment & services 8,102.3 1,275.8 46,729.2 4,230 322 355 Johnson Controls US 28,157.3 Automobiles & parts 34,305.0 1,491.0 24,307.0 137,000 323 238 Lockheed Martin US 28,101.6 Aerospace & defence 45,803.0 2,926.0 31,585.0 132,000 324 308 Franklin Resources US 27,901.0 Financial services N/R 1,438.1 10,708.1 7,927 325 337 KDDI Japan 27,867.8 Mobile telecommunications 36,831.0 2,276.6 39,794.8 18,301 326 465 Inpex Japan 27,833.2 Oil & gas producers 8,992.6 1,147.2 21,284.6 1,870 327 LG Chem South Korea 27,790.4 Chemicals 17,368.5 1,925.2 11,264.3 9,056 328 244 Wilmar International Singapore 27,720.6 Food producers 32,143.0 1,400.9 33,757.6 88,000 329 257 Dell US 27,666.9 Technology hardware & equipment 61,599.0 2,635.0 38,524.0 103,300 330 439 Starbucks US 27,564.7 Travel & leisure 10,707.4 945.6 6,190.6 137,000 331 304 CEZ Czech 27,507.3 Electricity 10,622.5 2,523.1 29,009.0 32,937 Republic 332 261 Exelon US 27,309.7 Electricity 18,644.0 2,563.0 52,240.0 19,214 333 347 Telenor Norway 27,273.1 Mobile telecommunications 16,284.5 2,461.0 29,313.5 33,200 334 346 BCE Canada 27,245.4 Fixed-line telecommunications 18,123.4 2,283.9 39,344.1 50,200 335 327 Anglo American Platinum South Africa 27,159.6 Mining 6,952.5 1,504.4 12,659.0 54,022 336 324 Husky Energy Canada 26,975.7 Oil & gas producers 18,232.7 1,176.5 29,220.7 4,380 337 391 Linde Germany 26,933.7 Chemicals 17,226.3 1,345.4 35,585.1 48,430 338 320 Newmont Mining US 26,922.6 Mining 9,540.0 2,277.0 24,226.0 15,500 339 342 Centrica UK 26,876.0 Gas, water & multiutilities 34,981.2 3,018.7 29,698.9 34,442 340 334 DBS Group Holdings Singapore 26,819.1 Banks N/R 1,272.0 221,049.8 15,000 341 329 Illinois Tool Works US 26,788.3 Industrial engineering 15,870.4 1,527.2 15,626.9 61,000 342 266 Celgene US 26,766.6 Pharmaceuticals & biotechnology 3,578.1 880.5 10,148.3 4,182 343 418 Astra International Indonesia 26,500.8 Automobiles & parts 14,429.0 1,594.6 12,406.9 93,544 344 383 Novolipetsk Steel Russia 26,381.1 Industrial metals & mining 8,320.2 1,250.5 13,877.6 345 340 Wipro India 26,317.4 Software & computer services 6,071.2 1,033.2 7,269.2 108,071 346 295 Kimberly-Clark US 26,307.7 Personal goods 19,746.0 1,843.0 19,552.0 57,000 347 282 Industrial Bank China 26,272.1 Banks N/R 2,810.2 280,653.3 29,914 348 280 Great West Lifeco Canada 26,244.2 Life insurance N/R 1,748.3 130,800.5 17,450 349 265 Wellpoint US 26,206.9 Healthcare equipment & services 58,841.2 2,887.1 50,166.9 37,500 350 300 KPN Netherlands 26,068.1 Fixed-line telecommunications 17,836.7 2,400.3 28,001.4 30,599 351 Saic Motor China 26,039.9 Automobiles & parts 47,413.8 2,083.1 34,722.5 5,536 352 361 Norfolk Southern US 25,955.5 Industrial transportation 9,516.0 1,488.0 28,199.0 28,559 353 358 Kweichow Moutai China 25,920.7 Beverages 1,576.7 766.4 3,839.9 10,062 354 321 Dominion Resources US 25,906.6 Electricity 14,573.0 2,808.0 42,817.0 15,800 355 313 Covidien US 25,650.5 Healthcare equipment & services 10,429.0 1,632.0 20,199.0 41,500 356 278 Travelers Cos. US 25,639.0 Nonlife insurance N/R 3,191.0 104,688.0 32,000 357 404 Christian Dior France 25,615.9 Personal goods 28,277.2 1,688.1 54,214.3 86,818 358 348 Automatic Data Processing US 25,471.1 Support services 8,927.7 1,211.4 26,777.7 47,000 359 399 Mitsubishi Electric Japan 25,441.0 Industrial engineering 35,880.3 302.6 31,564.4 109,565 360 387 Oversea-Chinese Banking Singapore 25,362.3 Banks N/R 1,756.4 178,646.2 21,585 361 333 Encana Canada 25,347.8 Oil & gas producers 9,212.8 1,556.9 34,020.0 4,169 362 459 Talisman Energy Canada 25,343.0 Oil & gas producers 6,822.5 650.0 24,095.3 3,078 363 273 Transocean Switzerland 25,182.7 Oil equipment & services 9,576.0 956.0 36,811.0 18,050 364 International Power UK 25,143.2 Gas, water & multiutilities 5,216.8 226.2 22,040.5 3,520 365 Kia Motors South Korea 25,059.1 Automobiles & parts 37,723.0 2,355.5 24,613.1 32,599 366 419 DnB Nor Norway 24,983.7 Banks N/R 2,543.6 319,483.1 13,365 367 Priceline.com US 24,892.3 Travel & leisure 3,084.9 527.5 2,754.5 3,400 368 Gazprom Neft Russia 24,819.2 Oil & gas producers 26,045.4 3,136.5 31,844.0 369 303 Aflac US 24,817.8 Life insurance N/R 2,344.0 101,039.0 7,919 370 Cognizant Technology US 24,763.1 Software & computer services 4,592.4 733.5 4,473.3 104,000 Solutions 371 323 Holcim Switzerland 24,740.4 Construction & materials 23,183.0 1,265.5 46,974.1 80,310 372 349 Pernod-Ricard France 24,710.5 Beverages 8,667.1 1,164.0 31,578.9 18,917 373 366 Henkel Germany 24,642.3 Household goods & home construction 20,203.5 1,496.7 22,981.3 47,854 374 415 Time Warner Cable US 24,497.1 Media 18,868.0 1,299.0 45,822.0 47,500 375 400 HDFC Bank India 24,442.2 Banks N/R 670.1 49,551.3 51,888 376 325 Standard Bank South Africa 24,404.2 Banks N/R 1,686.0 201,862.7 53,351 Global rank Company Country Market value Sector Turnover Net income Total assets Employees 2011 2010 $m $m $m $m

377 Falabella Chile 24,340.3 General retailers 9,468.0 884.6 13,998.9 48,000 378 248 Siderurgica Nacional Brazil 24,322.9 Industrial metals & mining 8,705.1 1,515.9 21,813.4 19,000 379 410 Chunghwa Telecom Taiwan 24,164.1 Fixed-line telecommunications 6,939.3 1,632.0 15,557.6 28,134 380 368 Duke Energy US 24,159.2 Gas, water & multiutilities 14,310.0 1,320.0 59,090.0 18,440 381 440 Yum! Brands US 24,017.4 Travel & leisure 11,343.0 1,158.0 7,950.0 378,000 382 413 Capital One Financial US 23,832.2 Financial services N/R 2,743.0 197,503.0 27,826 383 489 EADS France 23,809.2 Aerospace & defence 61,247.7 740.3 105,672.2 121,691 384 486 Criteria CaixaCorp Spain 23,751.5 Financial services N/R 2,440.3 67,544.3 6,690 385 China Everbright Bank China 23,648.9 Banks N/R 1,940.7 225,161.7 22,267 386 344 Stryker US 23,643.8 Healthcare equipment & services 7,320.0 1,273.4 10,646.8 20,036 387 480 Hitachi Japan 23,608.1 Electronic & electrical equipment 95,963.4 -1,144.5 94,562.8 347,810 388 343 Mitsubishi Estate Japan 23,603.9 Real estate investment & services N/R 127.3 46,516.2 7,983 389 467 The Swatch Group Switzerland 23,587.3 Personal goods 6,539.6 1,149.9 8,988.2 25,197 390 438 Enbridge Canada 23,556.1 Oil equipment & services 15,172.5 972.9 30,130.4 6,357 391 474 Saipem Italy 23,488.9 Oil equipment & services 14,939.8 1,129.9 20,106.7 39,249 392 441 Hong Kong Exchanges Hong Kong 23,425.7 Financial services N/R 648.0 6,159.9 883 & Clearing 393 331 General Mills US 23,333.7 Food producers 14,796.5 1,530.5 17,678.9 33,000 394 378 United Overseas Bank Singapore 23,269.2 Banks N/R 2,101.2 166,442.9 21,653 395 393 FPL Group US 23,202.9 Electricity 14,667.0 1,957.0 52,994.0 4,690 396 411 Swisscom Switzerland 23,186.6 Fixed-line telecommunications 12,835.1 1,939.0 22,479.6 19,547 397 British Sky Broadcasting UK 23,180.2 Media 8,837.1 1,312.4 7,180.9 16,439 398 Hermes International France 23,176.0 Personal goods 3,213.9 564.5 8,057 399 Nan ya Plastics Taiwan 23,151.1 Chemicals 11,579.3 1,404.6 15,794.0 33,710 400 BT Group UK 23,094.5 Fixed-line telecommunications 31,731.4 1,559.9 40,188.2 97,800 401 318 China Minsheng Banking China 23,075.2 Banks N/R 2,667.4 276,021.5 402 463 Housing Development India 22,989.3 Financial services N/R 721.2 32,039.7 1,505 Finance 403 423 Archer Daniels Midland US 22,949.3 Food producers 61,682.0 1,930.0 31,548.0 29,300 404 335 Power Financial Canada 22,845.5 Life insurance N/R 1,588.8 142,508.7 405 Kumba Iron Ore South Africa 22,764.2 Industrial metals & mining 5,846.6 2,163.6 4,139.5 406 406 Copec Chile 22,724.0 Oil & gas producers 13,265.6 1,106.9 19,270.7 407 Yanzhou Coal Mining China 22,719.7 Mining 5,150.0 1,408.2 10,868.0 50,909 408 250 Medco Health Solutions US 22,714.3 Healthcare equipment & services 65,968.3 1,427.3 17,097.3 24,625 409 359 Seven & I Holding Japan 22,695.8 General retailers 57,502.1 504.8 41,034.1 52,814 410 297 Bharat Heavy Electronics India 22,622.0 Industrial engineering 7,396.8 965.3 11,474.4 45,135 411 322 Emirates UAE 22,603.1 Mobile telecommunications 8,693.1 2,077.6 20,486.4 Telecommunications 412 363 Larsen & Toubro India 22,571.7 Construction & materials 9,796.8 1,216.1 15,752.6 38,785 413 353 State Street US 22,568.4 Financial services N/R 1,556.0 158,719.0 28,670 414 498 Juniper Networks US 22,509.5 Technology hardware & equipment 4,093.3 618.4 8,467.9 8,772 415 Sandvik Sweden 22,396.6 Industrial engineering 12,308.8 987.9 13,096.5 47,064 416 272 East Japan Railway Japan 22,321.4 Travel & leisure 27,538.8 1,286.3 72,035.5 71,854 417 301 Westfield Group Australia 22,302.7 Real estate investment trusts N/R 1,137.9 36,645.1 418 408 Metro Germany 22,176.1 Food & drug retailers 90,037.6 1,137.9 45,605.2 283,280 419 Chesapeake Energy US 22,043.9 Oil & gas producers 9,366.0 1,774.0 37,179.0 10,000 420 Anhui Conch Cement China 21,918.2 Construction & materials 5,235.6 935.1 9,131.3 421 454 Naspers South Africa 21,893.8 Media 3,842.7 447.0 7,775.8 11,577 422 284 Nippon Steel Japan 21,846.7 Industrial metals & mining 37,318.5 -123.4 53,202.2 52,205 423 339 Yahoo US 21,841.0 Software & computer services 6,324.7 1,231.5 14,885.1 13,600 424 376 Deutsche Post Germany 21,823.7 Industrial transportation 68,917.1 3,401.6 49,428.5 418,946 425 354 Charles Schwab US 21,737.0 Financial services N/R 454.0 92,398.0 12,800 426 395 Allergan US 21,714.6 Pharmaceuticals & biotechnology 4,919.4 0.6 8,090.3 9,200 427 451 Ace US 21,709.6 Nonlife insurance N/R 3,108.0 82,586.0 16,000 428 374 Thermo Fisher Scientific US 21,698.2 Healthcare equipment & services 10,788.7 1,035.6 21,349.4 37,200 429 495 Malayan Banking Malaysia 21,661.4 Banks N/R 1,177.0 103,308.7 40,000 430 345 Tokio Marine Holdings Japan 21,588.6 Nonlife insurance N/R 1,374.1 183,867.5 29,578 431 Sany Heavy Industry China 21,584.1 Industrial engineering 5,152.0 852.0 4,755.4 42,367 432 Formosa Chemicals & Fibre Taiwan 21,576.4 Chemicals 9,264.9 920.3 13,846.8 17,936 433 Cummins US 21,575.3 Industrial engineering 13,232.0 1,040.0 10,199.0 39,200 434 314 Shin-Etsu Chemical Japan 21,558.4 Chemicals 9,810.2 897.2 18,693.8 16,955 435 420 Shinhan Financial Group South Korea 21,549.6 Banks N/R 2,126.1 237,263.6 436 Formosa Plastics Taiwan 21,543.3 Chemicals 7,724.0 1,561.3 12,183.8 5,570 437 458 Swire Pacific Hong Kong 21,532.4 General industrials 3,756.7 4,921.1 34,767.4 100,000 438 Antofagasta UK 21,507.6 Mining 4,628.4 1,063.8 11,606.5 4,218 ?????

Global rank Company Country Market value Sector Turnover Net income Total assets Employees 2011 2010 $m $m $m $m

439 Eletrobras Brazil 21,481.6 Electricity 14,949.9 97.8 76,289.4 25,809 440 365 MTR Hong Kong 21,374.9 Travel & leisure 3,797.5 1,551.4 23,370.0 20,501 441 433 Swiss Re Switzerland 21,293.1 Nonlife insurance N/R 956.5 239,148.3 10,362 442 274 Citic Securities China 21,217.2 Financial services N/R 1,716.3 2,324,184.0 15,476 443 435 Tyco International US 21,209.9 General industrials 17,016.0 1,132.0 25,997.0 108,000 444 442 Precision Castparts US 21,113.1 Aerospace & defence 5,489.4 921.8 7,660.7 18,100 445 448 ThyssenKrupp Germany 21,049.0 General industrials 58,066.9 1,122.6 58,749.4 177,346 446 473 ICL Israel 20,942.4 Chemicals 6,020.9 1,084.1 6,267.8 11,035 447 373 Yahoo Japan Japan 20,889.5 Software & computer services 2,994.5 893.7 4,407.9 4,882 448 360 Toshiba Japan 20,809.6 General industrials 68,283.1 -211.3 54,521.7 203,889 449 461 Industries Qatar Qatar 20,723.4 General industrials 3,386.7 1,531.3 8,763.5 450 Reynolds American US 20,710.0 Tobacco 8,551.0 1,113.0 17,078.0 5,750 451 421 Li & Fung Hong Kong 20,690.5 Personal goods 15,967.4 550.4 9,506.5 26,766 452 357 China Coal Energy China 20,676.2 Mining 10,666.3 1,132.8 18,624.5 56,013 453 468 Danske Bank Denmark 20,659.6 Banks N/R 657.0 576,492.3 21,522 454 483 Tullow Oil UK 20,637.5 Oil & gas producers 1,102.0 54.6 8,267.3 935 455 Fortescue Metals Australia 20,635.4 Industrial metals & mining 3,067.9 553.5 5,181.6 456 437 Applied Materials US 20,609.1 Technology hardware & equipment 9,548.7 937.9 10,831.2 14,325 457 471 American Tower US 20,604.3 Mobile telecommunications 1,985.3 372.9 10,289.5 1,729 458 307 Saudi Telecom Saudi Arabia 20,532.5 Fixed-line telecommunications 13,810.0 2,516.4 29,386.0 459 364 Kansai Electric Power Japan 20,512.1 Electricity 27,890.5 1,360.7 72,730.2 32,083 460 392 Zain Group Kuwait 20,456.4 Technology hardware & equipment 4,810.3 3,782.2 13,201.3 461 432 Svenska Handelsbanken Sweden 20,454.4 Banks N/R 1,641.8 320,653.5 10,850 462 356 Aluminum Corp of China China 20,386.6 Industrial metals & mining 18,357.3 118.0 21,227.3 107,831 463 417 KB Financial Group South Korea 20,251.8 Banks N/R 78.8 233,667.8 464 390 Rogers Communications Canada 20,240.3 Mobile telecommunications 12,222.7 1,532.6 17,382.2 25,100 465 381 CME Group US 20,218.7 Financial services N/R 951.4 35,044.9 2,570 466 Brookfield Asset Canada 20,215.3 Real estate investment & services N/R 1,510.2 78,131.0 18,000 Management 467 CIMB Group Holdings Malaysia 20,123.3 Banks N/R 1,141.6 87,336.7 36,984 468 449 McKesson US 20,099.3 Food & drug retailers 108,702.0 1,263.0 28,189.0 32,500 469 436 Snam Rete Gas Italy 20,097.9 Gas, water & multiutilities 4,652.0 1,480.6 26,463.2 6,104 470 China Yangtze Power China 20,081.6 Electricity 1,608.4 676.3 23,695.3 7,092 471 Genzyme US 20,079.7 Pharmaceuticals & biotechnology 4,048.7 422.1 10,544.2 10,100 472 405 CSL Australia 19,997.8 Pharmaceuticals & biotechnology 3,744.4 884.8 4,638.4 9,992 473 426 Unibail-Rodamco France 19,900.4 Real estate investment trusts 2,928.5 33,423.2 1,616 474 488 Fresenius Medical Care Germany 19,889.2 Healthcare equipment & services 12,223.9 992.4 17,001.5 73,452 475 427 Reed Elsevier Netherlands/ 19,850.9 Media 9,447.0 1,011.0 17,408.7 30,200 UK 476 Swedbank Sweden 19,848.9 Banks N/R 1,108.6 255,317.8 20,639 477 Genting Singapore UK 19,827.4 Travel & leisure 2,146.0 29.4 7,783.9 12,000 478 385 Kellogg US 19,797.1 Food producers 12,397.0 1,247.0 11,847.0 30,600 479 Severstal Russia 19,764.0 Industrial metals & mining 13,523.6 -574.9 19,227.1 480 PTT Exploration & Thailand 19,749.3 Oil & gas producers 4,722.2 1,388.2 10,922.4 3,090 Production 481 Liberty Media US 19,676.9 Media 10,982.0 1,892.0 26,600.0 24,000 482 403 TKI Garanti Bankasi Turkey 19,641.5 Banks N/R 2,223.2 87,894.0 19,947 483 SEB Sweden 19,581.7 Banks N/R 1,004.5 324,364.4 20,717 484 Origin Energy Australia 19,569.0 Gas, water & multiutilities 7,171.5 514.3 18,274.0 4,392 485 485 Hang Lung Properties Hong Kong 19,567.3 Real estate investment & services N/R 2,857.7 14,912.8 2,324 486 496 Aviva UK 19,565.7 Life insurance N/R 2,282.4 565,888.4 45,142 487 277 Nomura Japan 19,520.0 Financial services N/R 725.4 341,562.7 26,374 488 Bank Central Asia Indonesia 19,481.9 Banks N/R 941.2 35,904.9 19,687 489 Peabody Energy US 19,472.4 Mining 6,860.0 768.4 11,363.1 7,200 490 479 PPR France 19,465.1 General retailers 19,551.7 1,291.2 32,308.6 60,000 491 416 Kyocera Japan 19,458.7 Electronic & electrical equipment 11,489.7 429.0 19,647.7 63,876 492 469 CLP Holdings Hong Kong 19,457.8 Electricity 7,514.5 1,329.2 22,532.4 6,075 493 Daqin Railway China 19,433.3 Industrial transportation 3,330.8 956.6 9,938.7 40,178 494 407 Akbank Turkey 19,431.7 Banks N/R 1,951.4 77,813.1 15,550 495 Air Products and Chemicals US 19,381.5 Chemicals 9,026.0 1,029.1 13,420.4 18,300 496 460 TJX Cos US 19,377.7 General retailers 21,942.2 1,343.1 7,971.8 166,000 497 336 Eurasian Natural Resources UK 19,331.2 Mining 6,605.0 2,185.0 14,318.0 70,322 498 PKO Bank Poland 19,236.8 Banks N/R 1,085.0 57,024.8 29,780 499 402 QBE Insurance Group Australia 19,221.6 Nonlife insurance N/R 1,419.8 42,095.0 14,512 500 Qatar National Bank Qatar 19,174.6 Banks N/R 1,566.7 61,352.0