ROYAL DUTCH SHELL PLC 4th QUARTER 2020 AND FULL YEAR UNAUDITED RESULTS

Rhea-AI Summary

Royal Dutch Shell PLC reported its 4th quarter 2020 and full year unaudited results. For Q4 2020, the company experienced an income loss of $4.014 billion, a significant decline from Q4 2019, which had a profit of $965 million. The total net loss for 2020 was approximately $21.68 billion. The company also reported CCS earnings of $(4.478 billion) for Q4 and $(19.922 billion) for the full year. Free cash flow stood at $20.828 billion in 2020, down from $26.399 billion in 2019.

Positive

• Free cash flow of $20.828 billion in 2020, although down from prior year.
• Cash flow from operating activities was $34.105 billion.

Negative

• Q4 2020 income loss of $4.014 billion, a significant drop from Q4 2019 profit.
• Total net loss for 2020 reached approximately $21.68 billion.
• CCS earnings for Q4 were $(4.478 billion) and $(19.922 billion) for the full year.
• Overall financial performance reflects significant challenges for the year.

 

 

ROYAL DUTCH SHELL PLC 4TH QUARTER 2020 AND FULL YEAR UNAUDITED RESULTS

 

SUMMARY OF UNAUDITED RESULTS
Quarters												$ million						Full year
Q4 2020			Q3 2020			Q4 2019			%¹						Reference			2020			2019			%
(4,014)			489			965			-516			Income/(loss) attributable to shareholders						(21,680)			15,842			-237
(4,478)			177			871			-614			CCS earnings attributable to shareholders			Note 2			(19,922)			15,270			-230
393			955			2,931			-87			Adjusted Earnings²			A			4,846			16,462			-71
6,287			10,403			10,267			-39			Cash flow from operating activities						34,105			42,178			-19
(5,406)			(2,833)			(4,862)						Cash flow from investing activities						(13,277)			(15,779)
882			7,571			5,405						Free cash flow			G			20,828			26,399
5,503			3,737			6,883						Cash capital expenditure			C			17,827			23,919
8,544			7,854			9,993			-15			Underlying operating expenses			F			32,502			36,993			-12
(6.8)%			(4.9)%			6.7%						ROACE (Net income basis)			D			(6.8)%			6.7%
2.9%			3.9%			6.9%						ROACE (CCS basis excluding identified items)			D			2.9%			6.9%
75,386			73,463			79,093						Net debt			E			75,386			79,093

FAQ

What were Shell's Q4 2020 results for RDS.A and RDS.B?

Shell reported a Q4 2020 income loss of $4.014 billion for RDS.A and RDS.B.

How much did Shell lose in 2020?

In 2020, Shell faced a total net loss of approximately $21.68 billion.

What was Shell's cash flow from operating activities in 2020?

Shell's cash flow from operating activities for 2020 was $34.105 billion.

What is Shell's free cash flow for 2020?

Shell's free cash flow for 2020 was $20.828 billion.