This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Royal Dutch Shell Plc: 3rd Quarter 2012 UNAUDITED Results

Stocks in this article: RDS.ARDS.B

CCS earnings and net capital investment information are the dominant measures used by the Chief Executive Officer for the purposes of making decisions about allocating resources and assessing performance.

2. Information by Business Segment

       Quarters              $ million             Nine months
    Q3 2012 Q3 2011                               2012    2011
                    Third-party revenue
     10,028  10,888 Upstream                      32,066  30,659
    102,075 112,516 Downstream                   317,000 323,907
         15       8 Corporate                         40      30
    112,118 123,412 Total third-party revenue    349,106 354,596
 
                    Inter-segment revenue
     12,338  12,929 Upstream                      38,337  37,304
        172     125 Downstream                       555     545
          -       - Corporate                          -       -
 
                    Segment earnings
      4,590   6,071 Upstream                      15,984  17,890
      1,597   1,480 Downstream                     4,276   4,533
         15   (254) Corporate                      (285)    (14)
      6,202   7,297 Total segment earnings        19,975  22,409
       Quarters                  $ million                Nine months
    Q3 2012 Q3 2011                                        2012   2011
      6,202   7,297 Total segment earnings               19,975 22,409
                    Current cost of supplies adjustment:
      1,130   (260) Purchases                               160  2,787
      (294)      75 Taxation                               (51)  (794)
                    Share of profit of equity-accounted
        201    (79) investments                              57    315
      7,239   7,033 Income for the period                20,141 24,717

3. Share capital

Issued and fully paid

                                                         Sterling
                            shares of EUR0.07 each       deferred
                                                      shares of GBP1
      Number of shares       Class A       Class B         each
    At January 1, 2012    3,668,550,437 2,661,403,172          50,000
    Scrip dividends          69,588,598             -               -
    Repurchases of shares             -  (30,728,970)               -
    At September 30, 2012 3,738,139,035 2,630,674,202          50,000

Nominal value

           $ million            Class A         Class B          Total
    At January 1, 2012                  312             224             536
    Scrip dividends                       6               -               6
    Repurchases of shares                 -             (2)             (2)
    At September 30, 2012               318             222             540
    The total nominal value of sterling deferred shares is less than $1
    million.
 

At Royal Dutch Shell plc's Annual General Meeting on May 22, 2012, the Board was authorised to allot ordinary shares in Royal Dutch Shell plc and grant rights to subscribe for or to convert any security into ordinary shares in Royal Dutch Shell plc up to an aggregate nominal amount of €147 million (representing 2,100 million ordinary shares of €0.07 each), and to list such shares or rights on any stock exchange. This authority expires at the earlier of August 22, 2013, and the conclusion of the Annual General Meeting to be held in 2013, unless previously renewed, revoked or varied in a General Meeting of Shareholders.

4. Other reserves

                                                            Accumulated
                               Share     Capital    Share      other
                    Merger    premium   redemption  plan   comprehensive
      $ million   reserve[1] reserve[1] reserve[2] reserve    income      Total
    At January 1,
    2012               3,432        154         60   1,571         3,767   8,984
    Other
    comprehensive
    income
    attributable
    to Royal
    Dutch Shell
    plc
    shareholders           -          -          -       -         1,225   1,225
    Scrip
    dividends            (6)          -          -       -             -     (6)
    Repurchases
    of shares              -          -          2       -             -       2
    Share-based
    compensation           -          -          -     243             -     243
    At September
    30, 2012           3,426        154         62   1,814         4,992  10,448
 
    At January 1,
    2011               3,442        154         57   1,483         4,958  10,094
    Other
    comprehensive
    loss
    attributable
    to Royal
    Dutch Shell
    plc
    shareholders           -          -          -       -       (1,951) (1,951)
    Scrip
    dividends            (9)          -          -       -             -     (9)
    Repurchases
    of shares              -          -          3       -             -       3
    Share-based
    compensation           -          -          -   (230)             -   (230)
    At September
    30, 2011           3,433        154         60   1,253         3,007   7,907
    [1] The merger reserve and share premium reserve were established as a
    consequence of Royal Dutch Shell plc becoming the single parent
    company of Royal Dutch Petroleum Company and of The "Shell" Transport
    and Trading Company plc, now The Shell Transport and Trading Company
    Limited, in 2005.
 
    [2] The capital redemption reserve was established in connection with
    repurchases of shares of Royal Dutch Shell plc.
 

5. Impacts of accounting for derivatives

6 of 9

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,817.90 +7.84 0.04%
S&P 500 2,069.41 +5.91 0.29%
NASDAQ 4,754.8920 +41.9220 0.89%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs