[...] 353,116 357,512 Consolidated statement of cash flows $ million 2017 2016 2015 2014 2013 Income for the period 13,435 4,777 2,200 14,730 16,526 Adjustment for: Current tax 6,591 2,731 7,058 13,757 18,582 Interest expense (net) 3,365 2,752 1,529 1,598 1,448 Depreciation, depletion and amortisation [...]
[...] administrative expenses 237 584 546 607 692 Cash flow from operating activities 6,467 9,132 7,728 12,689 12,273 Of which: Working capital movements (2,149) 2,842 (444) (2,324) 488 Capital employed 87,462 86,631 62,481 62,127 60,657 Upstream Segment earnings 1,551 (3,674) (8,833) 5,231 3,640 [...]
[...] long-term nature of our industry. Cash flow priorities Priorities for cash 1 Debt reduction 2 Dividends 3 Buybacks & capital investment Continue to reduce gearing to 20% Cancel scrip dividend Buy back shares Progress towards a world-class investment case Increase shareholder distributions Our [...]
We continuously seek to improve our operating performance, with an emphasis on health, safety, security, environment and asset performance. In order to maximise sustainable free cash flows, we will also continue to manage operating expenses, capital investment, divestments and delivery of new [...]
CCS earnings $15.8 billion excluding identified items Cash flow from operating activities $35.7 billion at an average $54/b Brent oil price Total dividends distributed $15.6 billion of which $4.8 were settled under the Scrip Dividend Programme Free cash flow $27.6 billion Divestments $22 billion [...]
[...] investment case. This involves growing free cash flow and increasing returns, all built upon a strong financial framework and resilient portfolio; to thrive in the energy transition by responding to society’s desire for more and cleaner, convenient and competitive energy; and to sustain a strong [...]
[...] resilient and attractive returns and free cash flow, to fund the development of new opportunities for Shell. The portfolio contains a large range of assets that produce both oil and gas from onshore and offshore locations. We produce from more established basins – such as in the North Sea, [...]
[...] prices, helped us to increase our operating cash flow in 2017. Our $30 billion divestment programme for 2016-2018 also made good progress, including in Australia, Canada, Gabon and the UK. This reshaping of our portfolio is part of our ongoing effort to raise efficiency by reducing costs and [...]
[...] million) 3,091 (2,704) (2,255) 6,754 6,644 Cash flow from operating activities ($ million) 16,337 7,662 5,453 19,150 17,841 Liquids production (thousand b/d) 1,622 1,615 1,305 1,263 1,317 Natural gas production (million scf/d) 6,699 6,781 5,911 6,593 7,059 Total production (thousand boe/d) 2,777 [...]
[...] ($ million) 5,268 3,700 5,057 10,332 8,999 Cash flow from operating activities ($ million) 6,467 9,132 7,728 12,689 12,273 Liquids production (thousand b/d) 203 223 204 221 224 Natural gas production (million scf/d) 3,969 3,832 2,469 2,666 2,557 Total production (thousand boe/d) 887 884 631 682 [...]
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