Consolidated financial data
Consolidated statement of income |
$ million |
||||
|---|---|---|---|---|---|
|
2015 |
2014 |
2013 |
2012 |
2011 |
Revenue |
264,960 |
421,105 |
451,235 |
467,153 |
470,171 |
Share of profit of joint ventures and associates |
3,527 |
6,116 |
7,275 |
8,948 |
8,737 |
Interest and other income |
3,669 |
4,123 |
1,089 |
5,599 |
5,581 |
Total revenue and other income |
272,156 |
431,344 |
459,599 |
481,700 |
484,489 |
Purchases |
194,644 |
327,278 |
353,199 |
369,725 |
370,044 |
Production and manufacturing expenses |
28,095 |
30,038 |
28,386 |
26,215 |
26,553 |
Selling, distribution and administrative expenses |
11,956 |
13,965 |
14,675 |
14,465 |
14,359 |
Research and development |
1,093 |
1,222 |
1,318 |
1,307 |
1,123 |
Exploration |
5,719 |
4,224 |
5,278 |
3,104 |
2,266 |
Depreciation, depletion and amortisation |
26,714 |
24,499 |
21,509 |
14,615 |
13,228 |
Interest expense |
1,888 |
1,804 |
1,642 |
1,757 |
1,373 |
Total expenditure |
270,109 |
403,030 |
426,007 |
431,188 |
428,946 |
Income before taxation |
2,047 |
28,314 |
33,592 |
50,512 |
55,543 |
Taxation (credit)/charge |
(153) |
13,584 |
17,066 |
23,552 |
24,450 |
Income for the period |
2,200 |
14,730 |
16,526 |
26,960 |
31,093 |
Income/(loss) attributable to non-controlling interest |
261 |
(144) |
155 |
248 |
267 |
Income attributable to Royal Dutch Shell plc shareholders |
1,939 |
14,874 |
16,371 |
26,712 |
30,826 |
Reconciliation of CCS earnings attributable to shareholders to income attributable to shareholders |
$ million |
||||||
|---|---|---|---|---|---|---|---|
|
2015 |
2014 |
2013 |
2012 |
2011 |
||
|
|||||||
CCS earnings attributable to shareholders |
3,842 |
19,041 |
16,745 |
27,164 |
28,533 |
||
CCS adjustment for Downstream [A] |
(1,903) |
(4,167) |
(374) |
(452) |
2,293 |
||
Income attributable to Royal Dutch Shell plc shareholders |
1,939 |
14,874 |
16,371 |
26,712 |
30,826 |
||
Earnings per share [A] |
$ |
||||||
|---|---|---|---|---|---|---|---|
|
2015 |
2014 |
2013 |
2012 |
2011 |
||
|
|||||||
Basic earnings per share |
0.31 |
2.36 |
2.60 |
4.27 |
4.97 |
||
Diluted earnings per share |
0.30 |
2.36 |
2.60 |
4.26 |
4.96 |
||
Shares |
Million |
||||
|---|---|---|---|---|---|
|
2015 |
2014 |
2013 |
2012 |
2011 |
Basic weighted average number of A and B shares |
6,320.3 |
6,311.5 |
6,291.1 |
6,261.2 |
6,212.5 |
Diluted weighted average number of A and B shares |
6,393.8 |
6,311.6 |
6,293.4 |
6,267.8 |
6,221.7 |
Shares outstanding at the end of the period |
6,397.5 |
6,295.0 |
6,295.4 |
6,305.9 |
6,220.1 |
Consolidated balance sheet (at December 31) |
$ million |
||||
|---|---|---|---|---|---|
|
2015 |
2014 |
2013 |
2012 |
2011 |
Assets |
|
|
|
|
|
Non-current assets |
|
|
|
|
|
Intangible assets |
6,283 |
7,076 |
4,394 |
4,470 |
4,521 |
Property, plant and equipment |
182,838 |
192,472 |
191,897 |
172,293 |
152,081 |
Joint ventures and associates |
30,150 |
31,558 |
34,613 |
38,350 |
37,990 |
Investments in securities |
3,416 |
4,115 |
4,715 |
4,867 |
5,492 |
Deferred tax |
11,033 |
8,131 |
5,785 |
4,288 |
4,943 |
Retirement benefits |
4,362 |
1,682 |
3,574 |
2,301 |
3,414 |
Trade and other receivables |
8,717 |
8,304 |
9,191 |
8,991 |
9,256 |
|
246,799 |
253,338 |
254,169 |
235,560 |
217,697 |
Current assets |
|
|
|
|
|
Inventories |
15,822 |
19,701 |
30,009 |
30,781 |
28,976 |
Trade and other receivables |
45,784 |
58,470 |
63,638 |
65,403 |
79,509 |
Cash and cash equivalents |
31,752 |
21,607 |
9,696 |
18,550 |
11,292 |
|
93,358 |
99,778 |
103,343 |
114,734 |
119,777 |
Total assets |
340,157 |
353,116 |
357,512 |
350,294 |
337,474 |
Liabilities |
|
|
|
|
|
Non-current liabilities |
|
|
|
|
|
Debt |
52,849 |
38,332 |
36,218 |
29,921 |
30,463 |
Trade and other payables |
4,528 |
3,582 |
4,065 |
4,175 |
4,921 |
Deferred tax |
8,976 |
12,052 |
11,943 |
10,312 |
10,096 |
Retirement benefits |
12,587 |
16,318 |
11,182 |
15,290 |
13,738 |
Decommissioning and other provisions |
26,148 |
23,834 |
19,698 |
17,435 |
15,631 |
|
105,088 |
94,118 |
83,106 |
77,133 |
74,849 |
Current liabilities |
|
|
|
|
|
Debt |
5,530 |
7,208 |
8,344 |
7,833 |
6,712 |
Trade and other payables |
52,770 |
64,864 |
70,112 |
72,839 |
81,846 |
Taxes payable |
8,233 |
9,797 |
11,173 |
12,684 |
10,606 |
Retirement benefits |
350 |
377 |
382 |
402 |
387 |
Decommissioning and other provisions |
4,065 |
3,966 |
3,247 |
3,221 |
3,108 |
|
70,948 |
86,212 |
93,258 |
96,979 |
102,659 |
Total liabilities |
176,036 |
180,330 |
176,364 |
174,112 |
177,508 |
Equity |
|
|
|
|
|
Share capital |
546 |
540 |
542 |
542 |
536 |
Shares held in trust |
(584) |
(1,190) |
(1,932) |
(2,287) |
(2,990) |
Other reserves |
(17,186) |
(14,365) |
(2,037) |
(3,752) |
(1,961) |
Retained earnings |
180,100 |
186,981 |
183,474 |
180,246 |
162,895 |
Equity attributable to Royal Dutch Shell plc shareholders |
162,876 |
171,966 |
180,047 |
174,749 |
158,480 |
Non-controlling interest |
1,245 |
820 |
1,101 |
1,433 |
1,486 |
Total equity |
164,121 |
172,786 |
181,148 |
176,182 |
159,966 |
Total liabilities and equity |
340,157 |
353,116 |
357,512 |
350,294 |
337,474 |
Consolidated statement of cash flows |
$ million |
||||||
|---|---|---|---|---|---|---|---|
|
2015 |
2014 |
2013 |
2012 |
2011 |
||
|
|||||||
Cash flow from operating activities |
|
|
|
|
|
||
Income for the period |
2,200 |
14,730 |
16,526 |
26,960 |
31,093 |
||
Adjustment for: |
|
|
|
|
|
||
Current tax |
7,058 |
13,757 |
18,582 |
22,722 |
23,009 |
||
Interest expense (net) |
1,529 |
1,598 |
1,448 |
1,543 |
1,164 |
||
Depreciation, depletion and amortisation |
26,714 |
24,499 |
21,509 |
14,615 |
13,228 |
||
Net gains on sale of non-current assets and businesses |
(3,460) |
(3,212) |
(382) |
(4,228) |
(4,485) |
||
Decrease/(increase) in working capital |
5,521 |
6,405 |
2,988 |
3,391 |
(6,471) |
||
Decrease/(increase) in inventories |
2,827 |
7,958 |
608 |
(1,746) |
(1,930) |
||
Decrease/(increase) in accounts receivable |
9,852 |
(1,541) |
5,648 |
14,145 |
(10,109) |
||
(Decrease)/increase in accounts payable and accrued liabilities |
(7,158) |
(12) |
(3,268) |
(9,008) |
5,568 |
||
Share of profit of joint ventures and associates |
(3,527) |
(6,116) |
(7,275) |
(8,948) |
(8,737) |
||
Dividends received from joint ventures and associates |
4,627 |
6,902 |
7,117 |
10,573 |
9,681 |
||
Deferred tax, retirement benefits, decommissioning and other provisions |
(5,827) |
(1,720) |
(2,701) |
341 |
1,860 |
||
Other |
2,648 |
2,500 |
2,937 |
201 |
(949) |
||
Net cash from operating activities (pre-tax) |
37,483 |
59,343 |
60,749 |
67,170 |
59,393 |
||
Tax paid |
(7,673) |
(14,299) |
(20,309) |
(21,030) |
(22,622) |
||
Net cash from operating activities |
29,810 |
45,044 |
40,440 |
46,140 |
36,771 |
||
Cash flow from investing activities |
|
|
|
|
|
||
Capital expenditure [A] |
(26,131) |
(31,676) |
(39,975) |
(33,184) |
(26,091) |
||
Investments in joint ventures and associates |
(896) |
(1,426) |
(1,538) |
(3,028) |
(1,886) |
||
Proceeds from sale of property, plant and equipment and businesses |
4,720 |
9,873 |
1,212 |
6,346 |
6,990 |
||
Proceeds from sale of joint ventures and associates |
276 |
4,163 |
538 |
698 |
468 |
||
Interest received |
288 |
174 |
175 |
193 |
196 |
||
Other [A] |
(664) |
(765) |
(558) |
522 |
(120) |
||
Net cash used in investing activities |
(22,407) |
(19,657) |
(40,146) |
(28,453) |
(20,443) |
||
Cash flow from financing activities |
|
|
|
|
|
||
Net increase/(decrease) in debt with maturity period within three months |
(586) |
(3,332) |
3,126 |
(165) |
(3,724) |
||
Other debt: |
|
|
|
|
|
||
New borrowings |
21,500 |
7,778 |
9,146 |
5,108 |
1,249 |
||
Repayments |
(6,023) |
(4,089) |
(6,877) |
(4,960) |
(4,649) |
||
Interest paid |
(1,742) |
(1,480) |
(1,307) |
(1,428) |
(1,665) |
||
Change in non-controlling interest |
598 |
989 |
(51) |
23 |
8 |
||
Cash dividends paid to: |
|
|
|
|
|
||
Royal Dutch Shell plc shareholders |
(9,370) |
(9,444) |
(7,198) |
(7,390) |
(6,877) |
||
Non-controlling interest |
(117) |
(116) |
(252) |
(292) |
(438) |
||
Repurchases of shares |
(409) |
(3,328) |
(5,000) |
(1,492) |
(1,106) |
||
Shares held in trust: net (purchases)/sales and dividends received |
(39) |
232 |
(565) |
(34) |
(929) |
||
Net cash from/(used in) financing activities |
3,812 |
(12,790) |
(8,978) |
(10,630) |
(18,131) |
||
Currency translation differences relating to cash and cash equivalents |
(1,070) |
(686) |
(170) |
201 |
(349) |
||
(Decrease)/increase in cash and cash equivalents |
10,145 |
11,911 |
(8,854) |
7,258 |
(2,152) |
||
Cash and cash equivalents at January 1 |
21,607 |
9,696 |
18,550 |
11,292 |
13,444 |
||
Cash and cash equivalents at December 31 |
31,752 |
21,607 |
9,696 |
18,550 |
11,292 |
||
