30-01-2015 17:48 via news.yahoo.com

Shell corrects fourth quarter results, earnings unaffected

(Reuters) - Royal Dutch Shell said on Friday it had overstated its fourth quarter results by $178 million (118.44 million pounds) due to an error in the valuation of its fuel inventory. "Royal Dutch Shell's fourth quarter and full year 2014 earnings, on a current cost of supplies (CCS) basis are unchanged," the company said in the statement. The Anglo-Dutch energy company reported on Thursday fourth-quarter 2014 adjusted net income of $3.3 billion which was weighed down by weaker
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