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“Joint ventures” and “joint operations” are collectively referred to as “joint arrangements”. The Royal Dutch Shell plc Annual Report and Form 20-F (this Report) serves as the Annual Report and Accounts in accordance with UK necessities and as the Annual Report on Form 20-F as filed with the US Securities and Exchange Commission (SEC) for the year ended December 31, 2018, for Royal Dutch Shell plc (the Company) and its subsidiaries (collectively referred to as Shell). This Report presents the Consolidated Financial Statements of Shell (pages 167−214), the Parent Company Financial Statements of Shell (pages 237−246) and the Financial Statements of the Royal Dutch Shell Dividend Access Trust (pages 251−255).
We are unable to provide a reconciliation of these ahead-wanting Non-GAAP measures to essentially the most comparable GAAP monetary measures, as a result of certain info needed to reconcile these Non-GAAP measures to the most comparable GAAP monetary measures is dependent on future events a few of that are exterior the control of the company, corresponding to oil and gasoline prices, rates of interest and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to supply a meaningful reconciliation is extraordinarily tough and could not be accomplished with out unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to essentially the most comparable GAAP monetary measure are calculated in a manner which is according to the accounting insurance policies utilized in Royal Dutch Shell plc’s financial statements. All outlooks on financial … Read More