| Download XLS |
CONSOLIDATED STATEMENT OF CASH FLOWS |
$ MILLION |
||||
|---|---|---|---|---|---|
|
2012 |
2011 |
2010 |
2009 |
2008 |
Cash flow from operating activities |
|
|
|
|
|
Income for the period |
26,840 |
31,185 |
20,474 |
12,718 |
26,476 |
Adjustment for: |
|
|
|
|
|
Current taxation |
22,722 |
23,009 |
16,384 |
9,297 |
24,452 |
Interest expense (net) |
1,543 |
1,164 |
842 |
1,247 |
1,039 |
Depreciation, depletion and amortisation |
14,615 |
13,228 |
15,595 |
14,458 |
13,656 |
Net gains on sale of assets |
(4,228) |
(4,485) |
(3,276) |
(781) |
(4,071) |
(Increase)/decrease in net working capital |
3,391 |
(6,471) |
(5,929) |
(2,331) |
7,935 |
(Increase)/decrease in inventories |
(1,746) |
(1,930) |
(2,888) |
(7,138) |
8,025 |
Decrease/(increase) in accounts |
14,145 |
(10,109) |
(11,931) |
23,679 |
(11,160) |
(Decrease)/increase in accounts payable |
(9,008) |
5,568 |
8,890 |
(18,872) |
11,070 |
Share of profit of equity-accounted |
(8,948) |
(8,737) |
(5,953) |
(4,976) |
(7,446) |
Dividends received from |
10,573 |
9,681 |
6,519 |
4,903 |
9,325 |
Deferred taxation and decommissioning |
461 |
1,768 |
(1,934) |
(1,925) |
(1,030) |
Other |
201 |
(949) |
(10) |
(1,879) |
(549) |
Net cash from operating activities (pre-tax) |
67,170 |
59,393 |
42,712 |
30,731 |
69,787 |
Taxation paid |
(21,030) |
(22,622) |
(15,362) |
(9,243) |
(25,869) |
Cash flow from operating activities |
46,140 |
36,771 |
27,350 |
21,488 |
43,918 |
Cash flow from investing activities |
|
|
|
|
|
Capital expenditure |
(32,576) |
(26,301) |
(26,940) |
(26,516) |
(35,065) |
Investments in |
(3,028) |
(1,886) |
(2,050) |
(2,955) |
(1,885) |
Proceeds from sale of assets |
6,346 |
6,990 |
3,325 |
1,325 |
4,737 |
Proceeds from sale of |
698 |
468 |
3,591 |
1,633 |
2,062 |
Proceeds from sale/(purchases) |
(86) |
90 |
(34) |
(105) |
224 |
Interest received |
193 |
196 |
136 |
384 |
1,012 |
Net cash used in investing activities |
(28,453) |
(20,443) |
(21,972) |
(26,234) |
(28,915) |
Cash flow from financing activities |
|
|
|
|
|
Net (decrease)/increase in debt |
(165) |
(3,724) |
4,647 |
(6,507) |
4,161 |
Other debt |
|
|
|
|
|
New borrowings |
5,108 |
1,249 |
7,849 |
19,742 |
3,555 |
Repayments |
(4,960) |
(4,649) |
(3,240) |
(2,534) |
(2,890) |
Interest paid |
(1,428) |
(1,665) |
(1,312) |
(902) |
(1,371) |
Change in non-controlling interest |
23 |
8 |
381 |
62 |
40 |
Cash dividends paid to: |
|
|
|
|
|
Royal Dutch Shell plc shareholders |
(7,390) |
(6,877) |
(9,584) |
(10,526) |
(9,516) |
Non-controlling interest |
(292) |
(438) |
(395) |
(191) |
(325) |
Repurchases of shares |
(1,492) |
(1,106) |
– |
– |
(3,573) |
Shares held in trust: net (purchases)/ |
(34) |
(929) |
187 |
27 |
525 |
Net cash used in financing activities |
(10,630) |
(18,131) |
(1,467) |
(829) |
(9,394) |
Currency translation differences |
201 |
(349) |
(186) |
106 |
(77) |
Increase/(decrease) in cash |
7,258 |
(2,152) |
3,725 |
(5,469) |
5,532 |
Cash and cash equivalents at January 1 |
11,292 |
13,444 |
9,719 |
15,188 |
9,656 |
Cash and cash equivalents at December 31 |
18,550 |
11,292 |
13,444 |
9,719 |
15,188 |