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Consolidated Statement of Income

for the year ended December 31, 2023

 

 

 

 

$ million

 

Notes

2023

2022

2021

Revenue

7

316,620

381,314

261,504

Share of profit of joint ventures and associates

13

3,725

3,972

4,097

Interest and other income

8

2,838

915

7,056

Total revenue and other income

 

323,183

386,201

272,657

Purchases

 

212,883

258,488

174,912

Production and manufacturing expenses

7

25,240

25,518

23,822

Selling, distribution and administrative expenses

7

13,433

12,883

11,328

Research and development

7

1,287

1,075

815

Exploration

7

1,750

1,712

1,423

Depreciation, depletion and amortisation

7

31,290

18,529

26,921

Interest expense

9

4,673

3,181

3,607

Total expenditure

 

290,556

321,386

242,828

Income before taxation

 

32,627

64,815

29,829

Taxation charge

22

12,991

21,941

9,199

Income for the period

7

19,636

42,874

20,630

Income attributable to non-controlling interest

7

277

565

529

Income attributable to Shell plc shareholders

7

19,359

42,309

20,101

Basic earnings per share ($)

30

2.88

5.76

2.59

Diluted earnings per share ($)

30

2.85

5.71

2.57