Main content | back to top
News and Media Releases
Second quarter 2009 results
Royal Dutch Shell's second quarter 2009 earnings, on a current cost of supplies (CCS) basis, were $2.3 billion compared to $7.9 billion a year ago. Basic CCS earnings per share decreased by 70% versus the same quarter a year ago.
Cash flow from operating activities for the second quarter 2009 was $0.9 billion, including $3.6 billion of cash contributions to pension plans and a $2.8 billion increase in working capital.
Net capital investment for the quarter was $7.8 billion. Total cash returned to shareholders in the form of dividends was $2.9 billion.
A second quarter 2009 dividend has been announced of $0.42 per share, an increase of 5% over the US dollar dividend per share for the same period in 2008.
Royal Dutch Shell Chief Executive Officer Peter Voser commented:
"Our second quarter results were affected by the weak global economy. This weakness is creating a difficult environment both in Upstream and Downstream.
Energy demand is weak. There is excess capacity in the market, and industry costs remain high.
Conditions are likely to remain challenging for some time, and we are not banking on a quick recovery. Shell is adapting to this new situation, and we must do more. We are sharpening our focus on delivery and affordability."
Royal Dutch Shell plc 2nd Quarter and 1st Half 2009 Unaudited Results (US$ million)
|Second quarter||First half|
|Income before taxation||5,843||20,117||-71||11,577||35,823||-68|
|Income attributable to shareholders||3,822||11,556||-67||7,310||20,639||-65|
*1: excluding sales taxes, excise duties and similar levies