Note 8 - Interest and other income
|
|
|
$ million |
|---|---|---|---|
|
2023 |
2022 |
2021 |
Interest income |
2,313 |
1,046 |
511 |
Dividend income (from investments in equity securities) |
49 |
216 |
91 |
Net gains on sale and revaluation of non-current assets and businesses |
257 |
642 |
5,995 |
Net foreign exchange (losses)/gains on financing activities |
(458) |
(340) |
118 |
Other |
677 |
(649) |
341 |
Total |
2,838 |
915 |
7,056 |
Other includes amounts recognised in respect of sublease income from partners in joint operations (2023: $418 million, 2022: $319 million, 2021: $313 million).
In 2022, Other included the full write-down of the Nord Stream 2 loan amounting to $1,126 million as a result of Shell’s withdrawal from Russian oil and gas activities. In 2021, net gains on sale of non-current assets and businesses arose mainly in respect of gains on the sale of Integrated Gas assets in Australia and Norway, and Upstream assets in the USA and Nigeria.
