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Royal Dutch Shell plc: Annual Reports & Accounts

Tuesday March 14, 2:29 am ET
Filing of Annual Report and Form 20-F for the Year Ended December 31, 2005 Including Supplementary Information Oil & Gas
LONDON, March 14 /PRNewswire-FirstCall/ —
On March 13, 2006 Royal Dutch Shell plc (NYSE: RDS.A, NYSE: RDS.B) filed its Annual Report on Form 20-F for the year
Separately an Annual Review and summary financial statements will be made available to shareholders in mid April, in ended 31 December 2005 with the U.S. Securities and Exchange Commission (SEC).
time for the Annual General Meeting (AGM). The Annual Reports and Accounts will be submitted for approval at the AGM on 16 May 2006.
The financial statements contained in the filing have been prepared in accordance with applicable laws in England and Wales and with International Financial Reporting Standards (IFRS) as adopted by the European Union. As applied to Royal Dutch Shell there are no material differences with IFRS, as issued by the International Accounting Standards Board. The filing has been prepared under the one-time accommodation provided by the SEC to allow, for a limited period, foreign private issuers that prepare financial statements in line with IFRS to present only one year of comparative information in their first IFRS Financial statements. Tables and disclosure that provide data over a five-year period show 2005 and 2004 on an IFRS basis and 2003, 2003 and 2001 on a US GAAP basis.
The notes to the financial statements provide a reconciliation of the balance sheet as January 1, 2004 (date of transition to IFRS) and of the Statement of Income for 2004 between US GAAP and IFRS.
The filed Annual Report on Form 20-F can be downloaded today from www.shell.com/annualreport or www.sec.gov. The full Annual Report on Form 20-F and Annual Review websites will be available in html format in mid April.
Disclaimer statement
This announcement contains forward-looking statements, that are subject to risk factors associated with the oil, gas, power, chemicals and renewables business. It is believed that the expectations reflected in these statements are reasonable, but may be affected by a variety of variables which could cause actual results, trends or reserves replacement to differ materially, including, but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, recovery rates, reserve estimates, loss of market, industry competition, environmental risks, physical risk, risks associated with the identification of suitable potential acquisition properties and targets and the successful negotiation and consummation of transactions, the risk of doing business in developing countries, legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.
Please refer to the Annual Report on Form 20-F for the year ended December 31, 2005 for a description of certain important factors, risks and uncertainties that may affect the Company's businesses. The Company does not undertake any obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or otherwise.
Cautionary Note to US Investors: The United States Securities and Exchange Commission ('SEC') permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this presentation, such as “expected producible resources” and “amount of reserves we expect to produce”, that the SEC's guidelines strictly prohibit us from including in filings with the SEC.
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Source: Royal Dutch Shell plc

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