4TH QUARTER AND FULL YEAR 2012 UNAUDITED RESULTS
* Royal Dutch Shell's fourth quarter 2012 earnings, on a current cost of
supplies (CCS) basis (see Note 1), were $7.3 billion compared with $6.5
billion in the same quarter a year ago. Full year 2012 CCS earnings were
$27.0 billion compared with $28.6 billion in 2011.
* Fourth quarter 2012 CCS earnings, excluding identified items (see page 4),
were $5.6 billion compared with $4.8 billion in the fourth quarter 2011, an
increase of 15%. Full year 2012 CCS earnings excluding identified items
were $25.1 billion compared with $24.7 billion in 2011, an increase of 2%.
* Basic CCS earnings per share excluding identified items increased by 14%
versus the same quarter a year ago. Basic CCS earnings per share excluding
identified items for the full year 2012 increased by 1% versus 2011.
* Cash flow from operating activities was $9.9 billion in the fourth quarter
2012 and $46.1 billion for the full year. Excluding movements in working
capital, cash flow from operating activities was $8.9 billion in the fourth
quarter 2012 and $42.7 billion for the full year.
* Gearing at the end of 2012 was 9.2% versus 13.1% at the end of 2011.
* A fourth quarter 2012 dividend has been announced of $0.43 per ordinary
share and $0.86 per American Depositary Share (ADS), an increase of 2.4%
compared with the fourth quarter 2011.
* The first quarter 2013 dividend is expected to be declared at $0.45 per
share and $0.90 per ADS, an increase of 4.7% compared with the first
quarter 2012.
