Published: May 31, 2007
TURNOVER at Irish Shell hit the 780m mark in the 11-month period before the company was bought out by private equity group Topaz.
Accounts just filed show that Shell’s forecourts racked up sales of 664m to the period ending November 29, 2005, while turnover for the firm’s bitumen and aviation business came in at almost 120m.
The accounts, which cover the period immediately before control of the forecourts passed to Topaz, note that the aviation and bitumen businesses were hived off for a consideration of 43m.
Assets
After the sell-off the firm’s assets stood at close to 53m, less than a third of the 160m that Topaz is believed to have paid for the company.
The difference in the two values is largely due to the property development potential of the assets, with Topaz having realised more than 80m from selling off former Shell sites.
The directors’ statements in the accounts, signed off by Topaz chairman Neil O’Leary and Topaz chief executive Danny Murray, note the future outlook for the market is “very positive”.
“Topaz, through its assets and business models is well positioned to grow its business for the foreseeable future,” the directors add. “It will focus to seek growing organically, and in parallel, looking for complementary acquisitions.”
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
