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ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS
Shell International B.V.April 29, 2021 GMT
 
 
 
Note 2
 
 
D
 
1.     Q1 on Q4 change.
2.     Adjusted Earnings is defined as income/(loss) attributable to shareholders plus cost of supplies adjustment (see Note 2) and excluding identified items (see Reference A).
 
First quarter 2021 income attributable to Royal Dutch Shell plc shareholders was $5.7 billion, which included net gains on sale of assets of $1.4 billion and gains of $0.4 billion due to the fair value accounting of commodity derivatives, partly offset by redundancy and restructuring charges of $0.5 billion, mainly related to the restructuring plan named Reshape. ....

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Investegate |Royal Dutch Shell plc Announcements | Royal Dutch Shell plc: ROYAL DUTCH SHELL PLC FOURTH QUARTER 2020 PRESS RELEASE


ALTERNATIVE PERFORMANCE (NON-GAAP) MEASURES
This announcement includes certain measures that are not defined by generally accepted accounting principles (GAAP) such as IFRS, including Adjusted Earnings, CFFO excluding working capital movements, Cash capital expenditure, Organic free cash flow, Return on average capital employed, Underlying operating expenses, Gearing and Net debt. This information, along with comparable GAAP measures, is useful to investors because it provides a basis for measuring Royal Dutch Shell plc’s operating performance and ability to retire debt and invest in new business opportunities. Royal Dutch Shell plc’s management uses these financial measures, along with the most directly comparable GAAP financial measures, in evaluating the business performance. ....

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ROYAL DUTCH SHELL PLC FOURTH QUARTER 2020 PRESS RELEASE | Comunicados | Edición USA


The Hague, February 4, 2021
“2020 was an extraordinary year. We have taken tough but decisive actions and demonstrated highly resilient operational delivery while caring for our people, customers and communities. We are coming out of 2020 with a stronger balance sheet, ready to accelerate our strategy and make the future of energy. We are committed to our progressive dividend policy and expect to grow our US dollar dividend per share by around 4% as of the first quarter 2021.” Royal Dutch Shell Chief Executive Officer, Ben van Beurden
STRONG OPERATIONAL DELIVERY IN AN EXTRAORDINARY YEAR
Resilient financial results, with sector-leading cash generation. Net debt reduced by $4 billion to $75 billion during 2020. ....

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