Jump menu

Main content |  back to top

News and Media Releases

Royal Dutch Shell plc fourth quarter and full year 2013 results announcement

On Thursday, January 30, 2014 at 07.00 GMT (08.00 CET and 02.00 EST) Royal Dutch Shell plc released its fourth quarter and full year 2013 results and fourth quarter 2013 interim dividend announcements.

On this page a summarised overview of the Royal Dutch Shell plc fourth quarter and full year 2013 results and links to the full set of results documents.

Fourth quarter 2013 summary of unaudited results

  • Royal Dutch Shell’s fourth quarter 2013 earnings, on a current cost of supplies  (CCS) basis (see Note 1), were $2.2 billion compared with $7.4 billion in the same quarter a year ago. Full year 2013 CCS earnings were $16.7 billion compared with $27.2 billion in 2012.

  • Fourth quarter 2013 CCS earnings excluding identified items (see page 6) were $2.9 billion compared with $5.6 billion in the fourth quarter of 2012. Full year 2013 CCS earnings excluding identified items were $19.5 billion compared with $25.3 billion in 2012.

  • Compared with the fourth quarter 2012, CCS earnings excluding identified items were impacted by higher depreciation, increased exploration expenses, lower upstream volumes and weak industry conditions in downstream oil products.

  • Fourth quarter 2013 basic CCS earnings per share excluding identified items decreased by 49% versus the fourth quarter 2012. Full year 2013 basic CCS earnings per share excluding identified items decreased by 23% versus 2012.

  • Total dividends distributed in the fourth quarter were some $2.8 billion, of which $1.2 billion were settled under the Scrip Dividend Programme. During the fourth quarter some 27.2 million shares were bought back for cancellation for a consideration of $1.0 billion.

  • Gearing at the end of 2013 was 16.1% compared with 9.8% at the end of 2012.

  • A fourth quarter 2013 dividend has been announced of $0.45 per ordinary share and $0.90 per American Depositary Share (“ADS”), an increase of 5% compared with the fourth quarter 2012.

  • The first quarter 2014 dividend is expected to be declared at $0.47 per ordinary share and $0.94 per American Depositary Share (“ADS”), an increase of 4% compared with the first quarter 2013.

 

Q4 and full year 2013 summary of unaudited results

SUMMARY OF UNAUDITED RESULTS

Quarters

$ million

Full year

Q4 2013

Q3 2013

Q4 20121

%2

 

2013

20121

%

 

 

 

 

 

 

 

 

1,781

4,677

6,728

-74

Income attributable to shareholders

16,371

26,712

-39

371

(429)

623

 

Current cost of supplies (CCS) adjustment for Downstream

374

452

 

2,152

4,248

7,351

-71

CCS earnings

16,745

27,164

-38

(763)

(209)

1,712

 

Less: Identified items3

(2,747)

1,905

 

2,915

4,457

5,639

-48

CCS earnings excluding identified items

19,492

25,259

-23

 

 

 

 

 Of which:

 

 

 

2,477

3,466

4,401

 

          Upstream

15,117

20,107

 

558

892

1,190

 

          Downstream

4,466

5,343

 

(120)

99

48

 

          Corporate and Non-controlling interest

(91)

(191)

 

 

 

 

 

 

 

 

 

6,028

10,409

9,913

-39

Cash flow from operating activities

40,440

46,140

-12

 

 

 

 

 

 

 

 

0.34

0.68

1.17

-71

Basic CCS earnings per share ($)

2.66

4.34

-39

0.68

1.36

2.34

 

Basic CCS earnings per ADS ($)

5.32

8.68

 

0.46

0.71

0.90

-49

Basic CCS earnings per share excl. identified items ($)

3.10

4.04

-23

0.92

1.42

1.80

 

Basic CCS earnings per ADS excl. identified items ($)

6.20

8.08

 

 

 

 

 

 

 

 

 

0.45

0.45

0.43

+5

Dividend per share ($)

1.80

1.72

+5

0.90

0.90

0.86

 

Dividend per ADS ($)

3.60

3.44

 

1  Restated for accounting policy change (see Note 2)

2  Q4 on Q4 change  3 See page 6

Fourth quarter 2013 results financial documents

Fourth quarter 2013 dividend announcement

CEO statement

Ben van Beurden

“Our momentum slowed in 2013. We must improve our financial results, achieve better capital efficiency and continue to strengthen our operational performance and project delivery.”

CEO video comment

Webcasts & presentations

Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc, hosted a live video webcast of the fourth quarter and full year 2013 results analyst and media presentations on Thursday January 30, 2014 at 14:30 GMT (15:30 CET / 09:30 EST).

* If you are accessing this page on an iPad or iPhone, you can also download and install our Investor & Media app  and go to the Results section to listen to these webcasts.

Page Tools