2006 Annual Report
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R o y a l D u t c h S h e l l p l c A PUBLICATION REQUESTS PUBLICATIONS n n u a Copies of all publications of the Group Annual Report and Form 20-F for the year ended Shell Sustainability Report 2006 l R are available from: December 31, 2006 (available May 2007) e p A comprehensive overview of the Group. Report on progress in contributing to sustainable o r Royal Dutch Shell plc Available at www.shell.com/annualreport development. t a c/o Bankside Available at www.shell.com/envandsociety n d Tel +44 (0)1635 232700 Annual Review and Summary Financial F o E-mail [email protected] Statements 2006 Shell Technology Report r A summarised overview and the operational and An overview of 27 advanced technologies. m 2 Annual Report/20-F Service for US residents: financial performance of the business. Available at www.shell.com/technology 0 - Tel (888) 400 7789 Available at www.shell.com/annualreport F f o Shell General Business Principles r t More information about the Group Jaaroverzicht en verkorte jaarrekening 2006 Fundamental principles that govern how each Shell h e is available at www.shell.com Dutch language version. company conducts its affairs. y e Available at www.shell.com/annualreport Available at www.shell.com/sgbp a r e n Financial and Operational Information 2002-2006 Shell Code of Conduct d e (available May 2007) Provides standards of behaviour expected d Five years’ financial and operational information, from employees. D e c including maps of exploration and production activities. Available at www.shell.com/codeofconduct e Available at www.shell.com/faoi m b e r 3 1 , 2 0 0 6 Delivery and growth Royal Dutch Shell plc Annual Report and Form 20-F for the year ended December 31, 2006 Royal Dutch Shell Our purpose Contact information The objectives of the Shell Group are to engage safely, responsibly, efficiently and profitably in oil, gas, oil REGISTERED OFFICE RETAIL SHAREHOLDERS INVESTOR RELATIONS Royal Dutch Shell plc products, chemicals and other selected businesses and to participate in the search for and development of other Shell Centre For access to shareholder information, For access to investor relations information, sources of energy to meet evolving customer needs and the world’s growing demand for energy. London SE1 7NA visit www.shell.com/shareholder visit www.shell.com/investor United Kingdom Enquiries from retail shareholders Enquiries from institutional shareholders We believe that oil and gas will be integral to the global energy needs for economic development for many Registered in England and Wales may be addressed to: may be addressed to: Company number 4366849 decades to come. Our role is to ensure that we extract and deliver them in environmentally and socially Registered with the Dutch Trade Register Shareholder Relations Investor Relations responsible ways, safely and profitably. under number 34179503 Royal Dutch Shell plc Royal Dutch Shell plc Carel van Bylandtlaan 30 PO Box 162 HEADQUARTERS 2596 HR The Hague 2501 AN The Hague We seek a high standard of performance, maintaining a strong long-term and growing position in the Royal Dutch Shell plc The Netherlands The Netherlands Carel van Bylandtlaan 30 Tel +31 (0)70 377 1365/4088 Tel +31 (0)70 377 4540 competitive environments in which we choose to operate. 2596 HR The Hague Fax +31 (0)70 377 3953 Fax +31 (0)70 377 3115 The Netherlands E-mail [email protected] E-mail [email protected] We aim to work closely with our stakeholders to advance more efficient and sustainable use of energy and SHARE REGISTRAR or or natural resources. Lloyds TSB Registrars The Causeway, Worthing Shareholder Relations Investor Relations West Sussex BN99 6DA Royal Dutch Shell plc Royal Dutch Shell plc United Kingdom Shell Centre Shell Centre Freephone 0800 169 1679 (UK only) London SE1 7NA London SE1 7NA Tel +44 (0)121 415 7073 United Kingdom United Kingdom Fax +44 (0)870 600 3980 Tel +44 (0)20 7934 3363 Tel +44 (0)20 7934 3856 www.shareview.co.uk for online information Fax +44 (0)20 7934 7515 Fax +44 (0)20 7934 3702 about your holding. Shareholder reference E-mail [email protected] E-mail [email protected] number will be required - shown on your share certificates, tax vouchers or your For any other private shareholder enquiries or Shell Nominee Statement. please write to: Investor Relations AMERICAN DEPOSITARY RECEIPTS Company Secretary Shell Oil Company (ADRS) Royal Dutch Shell plc 630 Fifth Avenue Suite 3166 The Bank of New York Carel van Bylandtlaan 30 New York, NY 10111 Shareholder Relations 2596 HR The Hague USA PO Box 11258 The Netherlands Tel +1 212 218 3112 Church Street Station Fax +1 212 218 3114 New York, NY 10286-1258 E-mail [email protected] USA Tel 1 800 524 4458 (USA only) Tel +1 212 815 3700 (international) E-mail [email protected] www.stockbny.com CORPORATE ISA/PEP Designed by Flag BNP Paribas Securities Services Typeset by Bowne Block C, Western House Cover photography by Adrian Burke Lynchwood Business Park Board photography by Jaap van den Beukel Peterborough PE2 6BP Printed by Taylor Bloxham under ISO 14001 United Kingdom The paper used has Forest Stewardship Tel +44 (0)845 358 1102 Council certification. United States Securities and Exchange Commission Washington, D.C. 20549 FORM 20-F Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2006 Commission file number 1-32575 Royal Dutch Shell plc (Exact name of registrant as specified in its charter) England and Wales (Jurisdiction of incorporation or organisation) Carel van Bylandtlaan 30, 2596 HR, The Hague, The Netherlands Tel. no: (011 31 70) 377 9111 (Address of principal executive offices) Securities Registered Pursuant to Section 12(b) of the Act Title of Each Class Name of Each Exchange on Which Registered American Depositary Receipts representing Class A ordinary shares of the New York Stock Exchange issuer of an aggregate nominal value ?0.07 each American Depositary Receipts representing Class B ordinary shares of the New York Stock Exchange issuer of an aggregate nominal value of ?0.07 each 5.625% Guaranteed Notes due 2011 New York Stock Exchange Securities Registered Pursuant to Section 12(g) of the Act None Securities For Which There is a Reporting Obligation Pursuant to Section 15(d) of the Act None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report. Outstanding as of December 31, 2006: 3,585,194,588 RDS Class A ordinary shares of the nominal value of ?0.07 each. 2,713,568,281 RDS Class B ordinary shares of the nominal value of ?0.07 each. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes No Note – Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one): Large accelerated filer Accelerated filer Non-accelerated filer Indicate by check mark which financial statement item the registrant has elected to follow. Item 17 Item 18 If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No Copies of notices and communications from the Securities and Exchange Commission should be sent to: Royal Dutch Shell plc Carel van Bylandtlaan 30 2596 HR, The Hague, The Netherlands Attn: Mr. M. Brandjes Cross Reference to Form 20-F Part I Pages Item 1. Identity of Directors, Senior Management and Advisers N/A Item 2. Offer Statistics and Expected Timetable N/A Item 3. Key Information A. Selected financial data 4-6, 220 B. Capitalisation and indebtedness N/A C. Reasons for the offer and use of proceeds N/A D. Risk factors 13-14 Item 4. Information on the Company A. History and development of the company 4-5, 10, 17, 20, 23, 27-31, 33-37, 39-41, 49-53, 108,184 B. Business overview 10-12, 16-55, 62-67, 161-167 C. Organisational structure 4, 204-207 D. Property, plant and equipment 10-12, 16-53, 62-64 Item 4A. Unresolved Staff Comments N/A Item 5. Operating and Financial Review and Prospects A. Operating results 4-7, 10-12, 16-64, 68-69 B. Liquidity and capital resources 56-57 C. Research and development, patents and licences, etc. 20, 34, 40, 49, 53, 74, 112 D.