Royal Dutch Shell plc Investors' Handbook 2007-2011 - Financial ratios (optimized for printing)

FINANCIAL RATIOS
	2011	2010	2009	2008	2007
Return on average capital employed
Income for the period adjusted for interest expense, less tax for the period, as % of the average capital employed	15.9	11.5	8.0	18.3	23.7
Return on sales
Income attributable to Royal Dutch Shell plc shareholders plus non-controlling interest as % of sales proceeds (including sales taxes, etc.)	5.6	4.6	3.5	4.8	7.3
Return on equity
Income attributable to Royal Dutch Shell plc shareholders as % of average net assets (i.e. equity attributable to Royal Dutch Shell plc shareholders and non-controlling interest)	19.3	14.0	9.4	20.6	26.0
Current ratio
Current assets : current liabilities	1.2	1.1	1.1	1.1	1.2
Long-term debt ratio
Non-current debt as % of capital employed less current debt	15.1	18.7	18.3	9.7	8.9
Total debt ratio
Non-current debt plus current debt as % of capital employed	17.9	22.8	20.2	15.3	12.6
Gearing ratio at December 31
Net debt as % of total capital	13.1	17.1	15.5	5.9	6.3

Optimised printing