Annual Report & 20-F 2012
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Royal Dutch Shell plc plc Shell Dutch Royal a nnual Repo nnual R t an t D Fo R all ouR RepoRtS aRe available at 20-F m http://RepoRtS.Shell.com F o R the yea the . Comprehensive financial information on our activities R throughout 2012 en . D Detailed operational information including maps e . D Report on our progress in contributing to sustainable Decembe development R DownloaD ouR appS AT 2012 31, www.Shell.com/mobile_anD_appS . company news . interactive stories about innovation . Service-station locations BUILDING AN ENERGY FUTURE check ouR lateSt newS ANNUAL REPORT Royal Dutch Shell plc annual RepoRt anD FoRm 20-F FoR the yeaR enDeD DecembeR 31, 2012 . Follow @shell on twitter . www.facebook.com/shell REGISTERED OFFICE SHAREhOLDER relations iNVEsTOR RELATiONs Our bUsinessEs Royal Dutch Shell plc Royal Dutch Shell plc Royal Dutch Shell plc Shell centre carel van bylandtlaan 30 PO box 162 london Se1 7NA 2596 hR the hague 2501 AN the hague united kingdom the netherlands the netherlands BUILDING AN +31 (0)70 377 1365 +31 (0)70 377 4540 Registered in england and wales +31 (0)70 377 4088 or ENERGy FUTURe company number 4366849 +31 (0)70 377 3953 (fax) Shell oil company Global energy DemanD iS RiSinG anD So aRe Registered with the Dutch trade Register or investor Relations conSumeR expectationS – moRe people want under number 34179503 Royal Dutch Shell plc 910 louisiana Street, 4580b energy from cleaneR SouRceS. at Shell we Shell centre houston, TX 77002 hEADQUARTERs london Se1 7NA uSa woRk with others to unlock new energy Royal Dutch Shell plc united kingdom +1 713 241 1042 SouRceS anD Squeeze moRe from what we carel van bylandtlaan 30 +44 (0)20 7934 3363 +1 713 241 0176 (fax) have. we Do thiS in ReSponSible anD innovative 2596 hR the hague +44 (0)20 7934 7515 (fax) wayS. in builDinG a betteR energy FutuRe we all the netherlands [email protected] have a paRt to play. Shell iS DoinG itS paRt. [email protected] [email protected] www.shell.com/shareholder www.shell.com/investor share registration American Depositary report orderiNg equiniti shares (ADss) [email protected] producing oil extracting aspect house the bank of new york mellon +31 (0)72 567 1001 exploring for oil and gas bitumen Spencer Road PO box 358516 Refining oil and gas mining lancing pittsburgh, PA 15252-8516 annual Report/20-F service for uS residents oil sands into fuels and lubricants west Sussex BN99 6Da uSa +1 888 301 0504 united kingdom +1 888 737 2377 (uSa) 0800 169 1679 (UK) +1 201 680 6825 (international) +44 (0)121 415 7073 producing +44 (0)1903 833 113 (fax) [email protected] petrochemicals www.bnymellon.com/shareowner For online information about your Supply and holding and to change the way you receive Developing distribution your company documents: fields Shipping www.shareview.co.uk and trading converting gas to liquid products (GTL) producing biofuels Shipping and trading liquefying gas by cooling (LNG) Generating wind power b2b sales chEmical Regasifying producTs Retail sales Designed by Studio Dumbar LNG for plastics, printed by tuijtel underi So 14001 Retail sales coatings, detergents b2b sales Fuels and LUbRicants for transport gAs for cooking, heating, electrical power 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, 2012 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 [email protected] (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 Shares representing two A ordinary shares New York Stock Exchange of the issuer with a nominal value of €0.07 each American Depositary Shares representing two B ordinary shares New York Stock Exchange of the issuer with a nominal value of €0.07 each 1.875% Guaranteed Notes due 2013 New York Stock Exchange 4.0% Guaranteed Notes due 2014 New York Stock Exchange 0.625% Guaranteed Notes due 2015 New York Stock Exchange 3.1% Guaranteed Notes due 2015 New York Stock Exchange 3.25% Guaranteed Notes due 2015 New York Stock Exchange 1.125% Guaranteed Notes due 2017 New York Stock Exchange 5.2% Guaranteed Notes due 2017 New York Stock Exchange 4.3% Guaranteed Notes due 2019 New York Stock Exchange 4.375% Guaranteed Notes due 2020 New York Stock Exchange 2.375% Guaranteed Notes due 2022 New York Stock Exchange 2.25% Guaranteed Notes due 2023 New York Stock Exchange 6.375% Guaranteed Notes due 2038 New York Stock Exchange 5.5% Guaranteed Notes due 2040 New York Stock Exchange 3.625% Guaranteed Notes due 2042 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, 2012: 3,706,535,798 A ordinary shares with a nominal value of €0.07 each. 2,599,337,678 B ordinary shares with a 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. Í Yes ‘ No If this report is an annual or transition report, indicate by check mark if the registrant is not required to file to Section 13 pursuant reports or 15(d) of the Securities Exchange Act of 1934. ‘ Yes Í 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. Í Yes ‘ No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Í 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 Í Accelerated filer ‘ Non-accelerated filer ‘ Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S. GAAP ‘ International Financial Reporting Standards as issued by the International Accounting Standards Board Í Other ‘ If “Other” has been checked in response to the previous question, 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 Í 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: Michiel Brandjes 2 Shell Annual Report and Form 20-F 2012 reports.shell.com About this Report ABBREVIATIONS CURRENCIES $ US dollar € euro £sterling CHF Swiss franc UNITS OF MEASUREMENT acre approximately 0.004 square kilometres b(/d) barrels (per day) boe(/d) barrels of oil equivalent (per day); natural gas volumes are converted to oil equivalent using a factor of 5,800 scf per barrel MMBtu million British thermal units mtpa million tonnes per annum per day volumes are converted to a daily basis using a calendar year scf(/d) standard cubic feet (per day) PRODUCTS GTL gas to liquids LNG liquefied natural gas LPG liquefied petroleum gas NGL natural gas liquids MISCELLANEOUS ADS American Depositary Share AGM Annual General Meeting CCS current cost of supplies CO2 carbon dioxide DBP Deferred Bonus Plan EMTN euro medium-term note EPS earnings per share HSSE health, safety, security and environment IFRIC Interpretation(s) issued by the IFRS Interpretations Committee IFRS International Financial Reporting Standard(s) LTIP Long-term Incentive Plan OML oil mining lease OPEC Organization of the Petroleum Exporting Countries OPL oil prospecting licence PSC production-sharing contract PSP Performance Share Plan R&D research and development REMCO Remuneration Committee RSP Restricted Share Plan SEC United States Securities and Exchange Commission TRCF total recordable case frequency TSR total shareholder return WTI West Texas Intermediate reports.shell.com Shell Annual Report and Form 20-F 2012 3 About this Report statements of historical fact are, or may be deemed to be, forward- ABOUT THIS REPORT looking statements. Forward-looking statements are statements of future expectations that are based on management’s current This Report serves as the Annual Report and Accounts in accordance expectations and assumptions and involve known and unknown risks with UK requirements and as the Annual Report on Form 20-F as filed and uncertainties that could cause actual results, performance or with the SEC for the year ended December 31, 2012, for Royal Dutch events to differ materially from those expressed or implied in these Shell plc (the Company) and its subsidiaries (collectively known as statements.