XML 557 R186.htm IDEA: XBRL DOCUMENT v3.22.4
Principal subsidiaries - Subsidiaries financial information (Detail)
$ in Millions
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 16, 2022
Disclosure of subsidiaries [line items]          
Consolidated sales revenue $ 55,554   $ 63,495 $ 44,611  
Profit/(loss) after tax 13,076   22,575 10,400  
Profit/(loss) after tax – attributable to non-controlling interests 656   1,481 631  
Profit/(loss) after tax – attributable to owners of Rio Tinto 12,420   21,094 9,769  
Other comprehensive (loss)/income (1,869)   (1,270) 2,584  
Total comprehensive income/(loss) [1] 11,207   21,305 12,984  
Non-current assets 77,771 $ 77,771 78,464    
Current assets 18,973 18,973 24,432    
Non-current liabilities (32,867) (32,867) (33,679)    
Net assets 52,274 52,274 56,590    
Attributable to non-controlling interests 2,099 2,099 5,158    
– attributable to Rio Tinto 50,175 50,175 51,432    
Cash flow from operations 16,134   25,345 15,875  
Dividends paid to non-controlling interests (421)   (1,090) (683)  
Payments from changes in ownership interests in subsidiaries that do not result in loss of control [2] 2,961   0 0  
Goodwill 826 826 879 $ 946  
Iron Ore Company of Canada          
Disclosure of subsidiaries [line items]          
Consolidated sales revenue 2,634   3,308    
Profit/(loss) after tax 756   1,193    
Profit/(loss) after tax – attributable to non-controlling interests 312   493    
Profit/(loss) after tax – attributable to owners of Rio Tinto 444   700    
Other comprehensive (loss)/income (111)   39    
Total comprehensive income/(loss) 645   1,232    
Non-current assets 2,963 2,963 2,974    
Current assets 774 774 599    
Current liabilities (499) (499) (581)    
Non-current liabilities (974) (974) (1,020)    
Net assets 2,264 2,264 1,972    
Attributable to non-controlling interests 946 946 818    
– attributable to Rio Tinto 1,318 1,318 1,154    
Cash flow from operations 1,153   2,119    
Dividends paid to non-controlling interests (142)   (495)    
Oyu Tolgoi LLC          
Disclosure of subsidiaries [line items]          
Consolidated sales revenue 1,424   1,971    
Profit/(loss) after tax (224)   465    
Profit/(loss) after tax – attributable to non-controlling interests (159)   285    
Profit/(loss) after tax – attributable to owners of Rio Tinto (65)   180    
Other comprehensive (loss)/income 0   0    
Total comprehensive income/(loss) (224)   465    
Non-current assets 13,662 13,662 12,199    
Current assets 753 753 523    
Current liabilities (4,253) (4,253) (3,172)    
Non-current liabilities (10,731) (10,731) (9,874)    
Net assets (569) (569) (324)    
Attributable to non-controlling interests (210) (210) (89)    
– attributable to Rio Tinto (359) $ (359) (235)    
Cash flow from operations 406   851    
Dividends paid to non-controlling interests 0   0    
Turquoise Hill          
Disclosure of subsidiaries [line items]          
Percentage of voting equity interests acquired         49.00%
Payments from changes in ownership interests in subsidiaries that do not result in loss of control 2,961        
Turquoise Hill | Dissenting Shareholders          
Disclosure of subsidiaries [line items]          
Payments from changes in ownership interests in subsidiaries that do not result in loss of control 211        
Initial consideration received (paid) (in Canadian dollars per share) | $ / shares   $ 34.4      
Turquoise Hill | Other Shareholders          
Disclosure of subsidiaries [line items]          
Initial consideration received (paid) (in Canadian dollars per share) | $ / shares   $ (43)      
Robe River Mining Co Pty Ltd          
Disclosure of subsidiaries [line items]          
Consolidated sales revenue 1,703   2,454    
Profit/(loss) after tax 802   1,352    
Profit/(loss) after tax – attributable to non-controlling interests 322   541    
Profit/(loss) after tax – attributable to owners of Rio Tinto 480   811    
Other comprehensive (loss)/income (206)   (183)    
Total comprehensive income/(loss) 596   1,169    
Non-current assets 2,846 $ 2,846 3,472    
Current assets 756 756 495    
Current liabilities (112) (112) (371)    
Non-current liabilities (422) (422) (421)    
Net assets 3,068 3,068 3,175    
Attributable to non-controlling interests 1,225 1,225 1,268    
– attributable to Rio Tinto 1,843 1,843 1,907    
Cash flow from operations 1,435   2,130    
Dividends paid to non-controlling interests (278)   (589)    
Other companies and eliminations          
Disclosure of subsidiaries [line items]          
Consolidated sales revenue 1,987   2,863    
Profit/(loss) after tax 875   1,518    
Profit/(loss) after tax – attributable to non-controlling interests 0   0    
Profit/(loss) after tax – attributable to owners of Rio Tinto 875   1,518    
Other comprehensive (loss)/income (111)   (97)    
Total comprehensive income/(loss) 764   1,421    
Non-current assets 3,975 3,975 4,166    
Current assets 609 609 2,118    
Current liabilities (2,724) (2,724) (329)    
Non-current liabilities (564) (564) (4,378)    
Net assets 1,296 1,296 1,577    
Attributable to non-controlling interests 0 0 0    
– attributable to Rio Tinto 1,296 1,296 1,577    
Cash flow from operations 1,981   2,512    
Dividends paid to non-controlling interests 0   0    
Robe River          
Disclosure of subsidiaries [line items]          
Consolidated sales revenue 3,690   5,317    
Profit/(loss) after tax 1,677   2,870    
Profit/(loss) after tax – attributable to non-controlling interests 322   541    
Profit/(loss) after tax – attributable to owners of Rio Tinto 1,355   2,329    
Other comprehensive (loss)/income (317)   (280)    
Total comprehensive income/(loss) 1,360   2,590    
Non-current assets 6,821 6,821 7,638    
Current assets 1,365 1,365 2,613    
Current liabilities (2,836) (2,836) (700)    
Non-current liabilities (986) (986) (4,799)    
Net assets 4,364 4,364 4,752    
Attributable to non-controlling interests 1,225 1,225 1,268    
– attributable to Rio Tinto 3,139 3,139 3,484    
Cash flow from operations 3,416   4,642    
Dividends paid to non-controlling interests (278)   (589)    
North Mining Limited | Robe River          
Disclosure of subsidiaries [line items]          
Goodwill $ 337 $ 337 $ 362    
[1] Refer to the Group statement of comprehensive income for further details. Adjustments to other reserves include currency translation attributable to owners of Rio Tinto, other than that arising on Rio Tinto Limited’s share capital.
[2] On 16 December 2022 we acquired the remaining 49% share of Turquoise Hill Resources for expected consideration of US$3.2 billion inclusive of transaction fees. At 31 December 2022 US$2,961 million had been paid.