Switzerland

112 Employees

-1 Switzerland Shell Tax Contribution Report 2018
Third-Party Revenues
$1,095,224,847
Related-party revenues
$3,413,968,202
Total Revenues
$4,509,193,048
Profit Before Tax
$1,412,499,471
Tax Paid
$190,610,005
Tax Accrued
$162,489,283
Tangible Assets
$160,381,336
Stated Capital
$18,137,883,507
Accumulated Earnings
$10,128,030,783

Main Business Activities

  • Downstream
  • Trading and Supply
  • Other support activities

Shell has been active in Switzerland for more than 100 years. Our activities in Switzerland include operating a large network of retail sites and marketing fuels. They also include the production of lubricants and the sale of bitumen and aviation fuels. Shell conducts financial and insurance activities, and trademark management and licensing services for operations around the globe.

From 2020 onwards, we will no longer provide funding to Group operating companies and will also reduce the hedging of currency exposures.

Country Financial Analysis

Profit in 2018 includes interest income from financing, currency exchange rate movements, insurance premiums and trademark licence fees, as well as from downstream activities. As a result primarily of currency movements, significant exchange differences may arise in Switzerland and can contribute to volatility in the results. In 2018, Shell companies paid around $191 million in taxes in respect of Shell’s activities in Switzerland.

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