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A better example why you didn't can compare the Nintendo EU numbers with VGC EU number directly.

2011 Nintendo EU

PS3 ~ 4.9 M
360 ~ 3.7 M

2011 VGC EU

PS3 ~ 5.8 M (+18%)
360 ~ 4.2 M (+14%)

Using the same ratio  for 2012... VGC should show these number for EU to be inline with Nintendo:

PS3 ~ 5.1 M (~300k undertracked)
360 ~ 3.4 M (~400k undertracked)

That's my maths.