Saturday, January 31, 2015

Shell: revises downward profit in 2014 to $ 14.8 billion (-9%) after error … – Il Sole 24 Ore

Shell: revises downward profit in 2014 to $ 14.8 billion (-9%) after error … – Il Sole 24 Ore

30/01/2015 17:55

 Net income for the fourth quarter revised to $ 595 million (-67%)
  
  (Il Sole 24 Ore Thomson Financial) – Milan, Jan. 30 – The Royal Group
 Dutch Shell and ‘was forced to republish its
 annual results 2014 following an accounting error that
 led him to overstate its earnings earlier. The
 oil giant indicates in a statement that he had discovered
 an “error of appreciation in an operation downstream” that
 forced him to revise part of the accounts. Net income
 Annual and ‘was then revised down to 14.874 billion
 dollars (-9% on 2013) against 15.052 billion (-8%)
 announced Thursday ‘. For the fourth quarter, profit
 net ‘was revised to $ 595 million (-67%) against
 773 million (-57%). Gains were heavily
 influenced dall’attaule decline in oil prices, which
 have prompted the group to reduce its investment s 15
 billion dollars in three years.
Tmm
  
 (RADIOCOR) 30-01-15 17:55:42 (0544) ENE 3 NNNN
  
 

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