XML 18 R8.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Statement of cash flows [abstract]          
Income before taxation for the period $ (23,907) $ 623 $ 4,917 $ (23,284) $ 14,323
Adjustment for:          
- Interest expense (net) 889 897 1,030 1,786 1,926
- Depreciation, depletion and amortisation 28,089 7,093 6,699 35,182 12,649
- Exploration well write-offs 518 83 202 601 321
- Net (gains)/losses on sale and revaluation of non-current assets and businesses (128) 106 (379) (21) (444)
- Share of (profit)/loss of joint ventures and associates 161 (854) (632) (693) (2,116)
- Dividends received from joint ventures and associates 610 531 1,217 1,141 1,961
- (Increase)/decrease in inventories (3,713) 9,594 (61) 5,881 (2,902)
- (Increase)/decrease in current receivables 3,959 6,314 308 10,273 (1,117)
- Increase/(decrease) in current payables (4,226) (8,430) 321 (12,655) 1,104
- Derivative financial instruments 837 (171) (480) 665 (1,589)
- Retirement benefits 293 (91) 30 203 52
- Decommissioning and other provisions 392 (102) 8 290 (294)
- Other (480) 579 (39) 98 (13)
Tax paid (730) (1,321) (2,110) (2,051) (4,199)
Cash flow from operating activities 2,563 14,851 11,031 17,415 19,661
Capital expenditure (3,436) (4,263) (5,150) (7,699) (10,272)
Investments in joint ventures and associates (161) (559) (160) (720) (601)
Investments in equity securities (20) (147) (26) (167) (65)
Proceeds from sale of property, plant and equipment and businesses 211 1,613 644 1,824 822
Proceeds from sale of joint ventures and associates 423 547 102 970 646
Proceeds from sale of equity securities 62 73 17 135 288
Interest received 118 192 220 310 457
Other investing cash inflows 1,174 855 592 2,029 1,272
Other investing cash outflows (691) (1,028) (404) (1,719) (1,335)
Cash flow from investing activities (2,320) (2,718) (4,166) (5,039) (8,788)
Net increase/(decrease) in debt with maturity period within three months 90 321 145 412 55
Other debt:          
- New borrowings 15,238 1,003 180 16,241 320
- Repayments (7,113) (2,723) (2,848) (9,836) (4,381)
Interest paid (1,088) (1,033) (1,214) (2,121) (2,329)
Derivative financial instruments 324 (81) 45 243 0
Change in non-controlling interest (32) (8) 0 (40) (2)
Cash dividends paid to:          
– Royal Dutch Shell plc shareholders [1] (1,397) (3,483) (3,825) (4,880) (7,700)
– Non-controlling interest (68) (110) (203) (178) (271)
Repurchases of shares (216) (1,486) (2,142) (1,702) (4,396)
Shares held in trust: net sales/(purchases) and dividends received (18) (182) (7) (199) (463)
Cash flow from financing activities 5,721 (7,781) (9,868) (2,060) (19,168)
Currency translation differences relating to cash and cash equivalents 164 (595) 4 (431) 24
Increase/(decrease) in cash and cash equivalents 6,128 3,756 (3,000) 9,884 (8,271)
Cash and cash equivalents at beginning of period 21,811 18,055 21,470 18,055 26,741
Cash and cash equivalents at end of period $ 27,939 $ 21,811 $ 18,470 $ 27,939 $ 18,470
[1] Cash dividends paid represents the payment of net dividends (after deduction of withholding taxes where applicable) and payment of withholding taxes on dividends paid in the previous quarter. Cash dividends paid during the second quarter 2020
is the total of the net dividend paid relating to the first quarter 2020 gross dividend and withholding taxes paid in relation to the fourth quarter 2019 gross dividend.