XML 374 R3.htm IDEA: XBRL DOCUMENT v3.22.4
Group Income Statement - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Consolidated operations      
Consolidated sales revenue $ 55,554 $ 63,495 $ 44,611
Net operating costs (excluding items disclosed separately) (34,770) (32,690) (26,254)
Impairment reversals/(charges net of reversals) 150 (269) (904)
Loss on disposal of interest in subsidiary (105) 0 0
Exploration and evaluation expenditure (net of profit relating to interests in undeveloped projects) (896) (719) (624)
Operating profit 19,933 29,817 16,829
Share of profit after tax of equity accounted units 777 1,042 652
Impairment of investments in equity accounted units (202) 0 (339)
Profit before finance items and taxation 20,508 30,859 17,142
Finance items      
Net exchange gains/(losses) on external and intragroup net (debt)/cash balances 253 802 (1,124)
Net losses on derivatives not qualifying for hedge accounting (424) (231) (123)
Finance income 179 64 141
Finance costs (335) (243) (268)
Amortisation of discount on provisions (1,519) (418) (377)
Net finance income (expense) (1,846) (26) (1,751)
Profit before taxation 18,662 30,833 15,391
Taxation (5,586) (8,258) (4,991)
Profit after tax for the year 13,076 22,575 10,400
– attributable to owners of Rio Tinto (net earnings) 12,420 21,094 9,769
– attributable to non-controlling interests $ 656 $ 1,481 $ 631
Basic earnings per share (in usd per share) $ 7.668 $ 13.034 $ 6.040
Diluted earnings per share (in usd per share) $ 7.621 $ 12.95 $ 5.998