-fprofile-generate enables -fprofile-arcs, -fprofile-values and -fvpt.
-fprofile-use enables -fbranch-probabilities, -fvpt, -funroll-loops, -fpeel-loops and -ftracer
Source: http://gcc.gnu.org/onlinedocs/gcc-4.7.2/gcc/Optimize-Options.html#Optimize-Options
PS. Information about LTO also on that page.