Oil and gas exploration and production activities earnings

(XLS:) Download XLS

Shell subsidiaries 2016

$ million

North America

South America

Europe[A]

Asia

Oceania

Africa

USA

Other[B]

Total

[A]	Includes Greenland.
[B]	Comprises Canada, Honduras and Mexico.
[C]	Includes cash paid royalties to governments outside North America.

Revenue

Third parties

969

2,656

1,069

1,380

643

41

476

7,234

Sales between businesses

5,816

7,284

1,438

3,138

3,960

3,789

2,980

28,405

Total

6,785

9,940

2,507

4,518

4,603

3,830

3,456

35,639

Production costs excluding taxes

2,565

2,212

805

1,468

3,348

2,230

865

13,493

Taxes other than income tax [C]

66

421

83

194

70

–

790

1,624

Exploration

250

408

70

356

438

291

295

2,108

Depreciation, depletion and amortisation

3,270

3,304

1,130

2,018

4,372

1,953

2,881

18,928

Other costs/(income)

1,925

1,606

(700)

356

40

680

(173)

3,734

Earnings before taxation

(1,291)

1,989

1,119

126

(3,665)

(1,324)

(1,202)

(4,248)

Taxation (credit)/charge

(311)

1,918

559

431

(1,351)

(377)

(1,032)

(163)

Earnings after taxation

(980)

71

560

(305)

(2,314)

(947)

(170)

(4,085)

$/boe

Revenue

36.31

28.49

27.58

30.64

29.60

34.07

30.54

30.85

Production costs excluding taxes

13.73

6.34

8.86

9.96

21.53

19.84

7.64

11.68

Taxes other than income tax [C]

0.35

1.21

0.91

1.32

0.45

–

6.98

1.41

Exploration

1.34

1.17

0.77

2.41

2.82

2.59

2.61

1.82

Depreciation, depletion and amortisation

17.50

9.47

12.43

13.69

28.12

17.37

25.46

16.38

Other costs/(income)

10.30

4.60

(7.70)

2.41

0.26

6.05

(1.53)

3.23

Earnings before taxation

(6.91)

5.70

12.31

0.85

(23.57)

(11.78)

(10.62)

(3.68)

Taxation (credit)/charge

(1.66)

5.50

6.15

2.92

(8.69)

(3.35)

(9.12)

(0.14)

Earnings after taxation

(5.24)

0.20

6.16

(2.07)

(14.88)

(8.42)

(1.50)

(3.54)

(XLS:) Download XLS

Shell subsidiaries 2015

$ million

North America

South America

Europe[A]

Asia

Oceania

Africa

USA

Other[B]

Total

[A]	Includes Greenland.
[B]	Comprises Canada and Mexico.
[C]	Includes cash paid royalties to governments outside North America.

Revenue

Third parties

1,866

2,577

1,202

1,174

567

53

85

7,524

Sales between businesses

5,707

8,040

418

3,737

4,941

4,045

535

27,423

Total

7,573

10,617

1,620

4,911

5,508

4,098

620

34,947

Production costs excluding taxes

2,490

2,163

541

1,570

3,039

2,612

343

12,758

Taxes other than income tax [C]

128

435

115

347

79

–

63

1,167

Exploration

261

1,255

195

161

3,336

164

347

5,719

Depreciation, depletion and amortisation

2,769

3,047

478

1,733

6,259

6,570

687

21,543

Other costs/(income)

779

1,465

226

(1,441)

668

2,172

232

4,101

Earnings before taxation

1,146

2,252

65

2,541

(7,873)

(7,420)

(1,052)

(10,341)

Taxation charge/(credit)

418

2,516

429

866

(2,907)

(1,815)

278

(215)

Earnings after taxation

728

(264)

(364)

1,675

(4,966)

(5,605)

(1,330)

(10,126)

$/boe

Revenue

51.61

36.41

39.99

37.48

36.72

39.39

38.61

39.71

Production costs excluding taxes

16.97

7.42

13.35

11.98

20.26

25.11

21.36

14.50

Taxes other than income tax [C]

0.87

1.49

2.84

2.65

0.53

–

3.92

1.33

Exploration

1.78

4.30

4.81

1.23

22.24

1.58

21.61

6.50

Depreciation, depletion and amortisation

18.87

10.45

11.80

13.23

41.72

63.16

42.78

24.48

Other costs/(income)

5.31

5.02

5.58

(11.00)

4.45

20.88

14.45

4.66

Earnings before taxation

7.81

7.72

1.60

19.39

(52.48)

(71.33)

(65.50)

(11.75)

Taxation charge/(credit)

2.85

8.63

10.59

6.61

(19.38)

(17.45)

17.31

(0.24)

Earnings after taxation

4.96

(0.91)

(8.98)

12.78

(33.10)

(53.88)

(82.81)

(11.51)

(XLS:) Download XLS

Shell subsidiaries 2014

$ million

North America

South America

Europe[A]

Asia

Oceania

Africa

USA

Canada

Total

[A]	Includes Greenland.
[B]	Includes cash paid royalties to governments outside North America.

Revenue

Third parties

2,808

4,914

1,867

3,004

1,078

202

126

13,999

Sales between businesses

7,869

13,973

990

6,516

9,903

7,399

1,376

48,026

Total

10,677

18,887

2,857

9,520

10,981

7,601

1,502

62,025

Production costs excluding taxes

2,831

2,282

599

2,032

3,440

3,367

482

15,033

Taxes other than income tax [B]

264

948

216

836

198

–

165

2,627

Exploration

457

1,331

232

307

1,549

88

260

4,224

Depreciation, depletion and amortisation

1,772

3,341

427

2,037

6,576

1,709

475

16,337

Other costs/(income)

766

2,058

(2,123)

129

845

2,137

78

3,890

Earnings before taxation

4,587

8,927

3,506

4,179

(1,627)

300

42

19,914

Taxation charge/(credit)

3,362

6,800

2,113

2,404

(654)

60

157

14,242

Earnings after taxation

1,225

2,127

1,393

1,775

(973)

240

(115)

5,672

$/boe

Revenue

73.31

65.09

65.23

69.55

68.22

77.42

79.14

69.33

Production costs excluding taxes

19.44

7.86

13.68

14.85

21.37

34.29

25.40

16.80

Taxes other than income tax [B]

1.81

3.27

4.93

6.11

1.23

–

8.69

2.94

Exploration

3.14

4.59

5.30

2.24

9.62

0.90

13.70

4.72

Depreciation, depletion and amortisation

12.17

11.51

9.75

14.88

40.85

17.41

25.03

18.26

Other costs/(income)

5.26

7.09

(48.47)

0.94

5.25

21.77

4.11

4.35

Earnings before taxation

31.50

30.76

80.05

30.53

(10.11)

3.06

2.21

22.26

Taxation charge/(credit)

23.09

23.43

48.24

17.56

(4.06)

0.61

8.27

15.92

Earnings after taxation

8.41

7.33

31.80

12.97

(6.04)

2.44

(6.06)

6.34

(XLS:) Download XLS

Shell subsidiaries 2013

$ million

North America

South America

Europe[A]

Asia[B]

Oceania

Africa

USA

Canada

Total

[A]	Includes Greenland.
[B]	Includes cash paid royalties to governments outside North America.

Revenue

Third parties

4,116

5,535

1,982

2,690

3,416

52

64

17,855

Sales between businesses

8,420

17,538

1,038

6,873

7,232

7,354

684

49,139

Total

12,536

23,073

3,020

9,563

10,648

7,406

748

66,994

Production costs excluding taxes

2,656

1,762

481

1,753

3,336

3,303

378

13,669

Taxes other than income tax [B]

328

1,254

231

963

223

–

85

3,084

Exploration

627

1,082

396

354

1,790

312

717

5,278

Depreciation, depletion and amortisation

1,400

2,268

423

1,276

7,858

2,366

160

15,751

Other costs

1,052

3,713

40

419

1,395

2,129

124

8,872

Earnings before taxation

6,473

12,994

1,449

4,798

(3,954)

(704)

(716)

20,340

Taxation charge/(credit)

4,843

10,251

486

3,093

(1,461)

(231)

71

17,052

Earnings after taxation

1,630

2,743

963

1,705

(2,493)

(473)

(787)

3,288

$/boe

Revenue

83.36

85.42

72.58

78.92

68.80

73.78

73.19

78.94

Production costs excluding taxes

17.66

6.52

11.56

14.47

21.56

32.91

36.99

16.11

Taxes other than income tax [B]

2.18

4.64

5.55

7.95

1.44

–

8.32

3.63

Exploration

4.17

4.01

9.52

2.92

11.57

3.11

70.16

6.22

Depreciation, depletion and amortisation

9.31

8.40

10.17

10.53

50.78

23.57

15.66

18.56

Other costs

7.00

13.75

0.96

3.46

9.01

21.21

12.13

10.45

Earnings before taxation

43.04

48.11

34.82

39.59

(25.55)

(7.01)

(70.06)

23.97

Taxation charge/(credit)

32.21

37.95

11.68

25.52

(9.44)

(2.30)

6.95

20.09

Earnings after taxation

10.84

10.16

23.14

14.07

(16.11)

(4.71)

(77.01)

3.87

(XLS:) Download XLS

Shell subsidiaries 2012

$ million

North America

South America

Europe[A]

Asia

Oceania

Africa

USA

Canada

Total

[A]	Includes Greenland.
[B]	Includes cash paid royalties to governments outside North America.

Revenue

Third parties

4,705

3,981

1,941

2,807

3,573

207

23

17,237

Sales between businesses

10,275

16,450

1,129

10,364

3,906

6,443

1,431

49,998

Total

14,980

20,431

3,070

13,171

7,479

6,650

1,454

67,235

Production costs excluding taxes

2,516

1,582

395

1,540

2,486

3,130

255

11,904

Taxes other than income tax [B]

350

410

322

1,248

39

–

145

2,514

Exploration

398

461

175

699

801

372

198

3,104

Depreciation, depletion and amortisation

1,531

1,222

304

1,261

3,837

2,037

315

10,507

Other costs/(income)

1,420

3,157

(1,769)

(322)

421

1,963

63

4,933

Earnings before taxation

8,765

13,599

3,643

8,745

(105)

(852)

478

34,273

Taxation charge/(credit)

6,310

10,733

1,104

5,358

(65)

(413)

137

23,164

Earnings after taxation

2,455

2,866

2,539

3,387

(40)

(439)

341

11,109

$/boe

Revenue

86.58

97.52

70.68

81.64

60.62

68.49

92.64

81.65

Production costs excluding taxes

14.54

7.55

9.09

9.55

20.15

32.24

16.25

14.46

Taxes other than income tax [B]

2.02

1.96

7.41

7.74

0.32

–

9.24

3.05

Exploration

2.30

2.20

4.03

4.33

6.49

3.83

12.62

3.77

Depreciation, depletion and amortisation

8.85

5.83

7.00

7.82

31.10

20.98

20.07

12.76

Other costs/(income)

8.21

15.07

(40.73)

(2.00)

3.41

20.22

4.01

5.99

Earnings before taxation

50.66

64.91

83.87

54.21

(0.85)

(8.78)

30.46

41.62

Taxation charge/(credit)

36.47

51.23

25.42

33.21

(0.53)

(4.25)

8.73

28.13

Earnings after taxation

14.19

13.68

58.46

20.99

(0.32)

(4.52)

21.73

13.49

(XLS:) Download XLS

Shell share of joint ventures and associates 2016–2012

$ million

North America

South America

Europe

Asia

Oceania

Africa

USA

Canada

Total

[A]	Includes cash paid royalties to governments outside North America.

Third-party revenue

1,705

3,708

197

–

5,610

Production costs excluding taxes

293

705

123

–

1,121

Taxes other than income tax [A]

706

456

7

–

1,169

Exploration

36

25

27

–

88

Depreciation, depletion and amortisation

208

1,663

237

–

2,108

Other costs/(income)

79

401

(28)

–

452

Earnings before taxation

383

458

(169)

–

672

Taxation charge

91

23

8

–

122

Earnings after taxation

292

435

(177)

–

550

2015

454

1,250

(800)

–

904

2014

1,076

2,365

271

–

(276)

3,436

2013

1,453

2,329

117

–

(14)

3,885

2012

1,658

2,979

412

–

1,155

–

(137)

6,067

Shell reporting suite

Shell Investors’ Handbook 2012-2016

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