2022 Q4 Form 20-F Financial Statement

#000162828023004989 Filed on February 24, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $25.78B $55.55B $30.41B
YoY Change -15.23% -12.51% 20.45%
Cost Of Revenue $25.81B
YoY Change 16.18%
Gross Profit $29.75B
YoY Change -27.94%
Gross Profit Margin 53.54%
Selling, General & Admin $3.146B
YoY Change -17.45%
% of Gross Profit 10.58%
Research & Development $529.0M $76.00M $402.0M
YoY Change 31.59% -90.39% 16.52%
% of Gross Profit 0.26%
Depreciation & Amortization $2.551B $5.010B $2.390B
YoY Change 6.74% 6.66% 9.28%
% of Gross Profit 16.84%
Operating Expenses $18.10B $76.00M $17.77B
YoY Change 1.84% -99.26% 23.56%
Operating Profit $29.67B
YoY Change -4.2%
Interest Expense -$162.0M -$1.113B $615.0M
YoY Change -126.34% -516.85% -227.07%
% of Operating Profit -3.75%
Other Income/Expense, Net -$1.016B -$1.343B -$211.0M
YoY Change 381.52% 277.25% 29.45%
Pretax Income $6.347B $18.66B $12.78B
YoY Change -50.35% -39.47% 26.42%
Income Tax $2.684B $5.586B $3.277B
% Of Pretax Income 42.29% 29.93% 25.63%
Net Earnings $3.512B $13.08B $8.781B
YoY Change -60.0% -38.01% 36.08%
Net Earnings / Revenue 13.62% 23.54% 28.87%
Basic Earnings Per Share
Diluted Earnings Per Share $2.15 $7.62 $5.390M
COMMON SHARES
Basic Shares Outstanding 1.256B shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.935B $8.907B $15.35B
YoY Change -41.79% -41.74% 16.01%
Cash & Equivalents $6.775B $4.886B $12.81B
Short-Term Investments $2.160B $2.132B $2.543B
Other Short-Term Assets $483.0M $483.0M
YoY Change -18.27%
Inventory $6.213B $6.213B $5.436B
Prepaid Expenses
Receivables $3.478B $2.641B $3.574B
Other Receivables $347.0M $729.0M $72.00M
Total Short-Term Assets $18.97B $18.97B $24.43B
YoY Change -22.34% -22.34% 17.15%
LONG-TERM ASSETS
Property, Plant & Equipment $64.73B $64.73B $64.93B
YoY Change -0.3% -0.3% 3.25%
Goodwill $826.0M $879.0M
YoY Change -6.03% -7.08%
Intangibles
YoY Change
Long-Term Investments $3.704B $3.509B $4.032B
YoY Change -8.13% -5.77% -12.21%
Other Assets $2.969B $4.550B $3.571B
YoY Change -16.86% -17.96% 0.34%
Total Long-Term Assets $77.77B $77.77B $78.46B
YoY Change -0.88% -0.88% 2.52%
TOTAL ASSETS
Total Short-Term Assets $18.97B $18.97B $24.43B
Total Long-Term Assets $77.77B $77.77B $78.46B
Total Assets $96.74B $96.74B $102.9B
YoY Change -5.98% -5.98% 5.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.047B $3.367B $7.733B
YoY Change 4.06% -2.41% 4.2%
Accrued Expenses $554.0M $3.687B
YoY Change -19.55%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $2.000M
YoY Change -100.0% -100.0%
Long-Term Debt Due $1.215B $1.215B $1.134B
YoY Change 7.14% 7.14% 94.18%
Total Short-Term Liabilities $11.60B $11.60B $12.63B
YoY Change -8.11% -8.11% 8.79%
LONG-TERM LIABILITIES
Long-Term Debt $11.06B $11.06B $12.40B
YoY Change -10.8% -10.8% -6.43%
Other Long-Term Liabilities $18.21B $18.21B $17.78B
YoY Change 2.41% 2.41% 2.22%
Total Long-Term Liabilities $29.27B $29.27B $30.18B
YoY Change -3.02% -3.02% -1.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.60B $11.60B $12.63B
Total Long-Term Liabilities $29.27B $29.27B $30.18B
Total Liabilities $44.47B $46.57B $51.46B
YoY Change -13.59% -9.51% 2.24%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $50.18B $50.18B $51.43B
YoY Change
Total Liabilities & Shareholders Equity $96.74B $96.74B $102.9B
YoY Change -5.98% -5.98% 5.65%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $3.512B $13.08B $8.781B
YoY Change -60.0% -38.01% 36.08%
Depreciation, Depletion And Amortization $2.551B $5.010B $2.390B
YoY Change 6.74% 6.66% 9.28%
Cash From Operating Activities $5.660B $16.13B $11.68B
YoY Change -51.56% -36.34% 14.02%
INVESTING ACTIVITIES
Capital Expenditures $3.604B $6.750B -$4.048B
YoY Change -189.03% -191.41% 15.79%
Acquisitions
YoY Change
Other Investing Activities $919.0M $43.00M $196.0M
YoY Change 368.88% -80.89% -256.8%
Cash From Investing Activities -$2.685B -$6.707B -$3.852B
YoY Change -30.3% -6.31% 6.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $38.00M
YoY Change -24.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.651B -15.47B -9.171B
YoY Change -16.57% -2.45% 241.56%
NET CHANGE
Cash From Operating Activities 5.660B 16.13B 11.68B
Cash From Investing Activities -2.685B -6.707B -3.852B
Cash From Financing Activities -7.651B -15.47B -9.171B
Net Change In Cash -4.676B -6.046B -1.339B
YoY Change 249.22% -360.15% -133.98%
FREE CASH FLOW
Cash From Operating Activities $5.660B $16.13B $11.68B
Capital Expenditures $3.604B $6.750B -$4.048B
Free Cash Flow $2.056B $9.384B $15.73B
YoY Change -86.93% -71.33% 14.47%

Facts In Submission

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CY2022 dei Entity Interactive Data Current
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CY2022 dei Entity File Number
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CY2022 dei Entity Registrant Name
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Rio Tinto plc
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6 St. James's Square
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KPMG LLP
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CY2022 ifrs-full Disclosure Of Accounting Judgements And Estimates Explanatory
DisclosureOfAccountingJudgementsAndEstimatesExplanatory
<div style="margin-bottom:4pt;margin-top:5pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">About the presentation of our financial statements</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In the current year we have reviewed our notes to the financial statements taking into account materiality (as described below). We have also re-organised the notes into logical groupings to help users find and understand relevant information. Where possible, related information, such as accounting policies, has been provided in the same section as the relevant note. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">All financial statement values are presented in US dollars and rounded to the nearest million (US$m) unless otherwise stated. Where applicable, comparatives have been adjusted to measure or present them on the same basis as current period figures.</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our financial statements for the year ended 31 December 2022 were authorised for issue in accordance with a directors’ resolution on 22 February 2023.</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">a.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.08pt"> The basis of preparation</span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The financial information included in the financial statements for the year ended 31 December 2022, and for the related comparative periods, has been prepared:</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">under the historical cost convention, as modified by the revaluation of certain financial instruments, the impact of fair value hedge accounting on the hedged items and the accounting for post-employment assets and obligations;</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">on a going concern basis - Management has prepared detailed cash flow forecasts for at least 12 months and has updated life-of-mine plan models with longer-term cash flow projections which demonstrate that we will have sufficient cash, other liquid resources and undrawn credit facilities to enable us to meet our obligations as they fall due;</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">to meet international accounting standards as issued by the International Accounting Standards Board (IASB) and interpretations issued from time to time by the IFRS Interpretations Committee (IFRS IC) which are mandatory at 31 December 2022.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The above accounting standards and interpretations are collectively referred to as “IFRS” in this report and contain the principles we use to create our accounting policies. Where necessary, adjustments are made to the locally reported assets, liabilities, and results of subsidiaries, joint arrangements and associates to bring their accounting policies in line with ours for consistent reporting.</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">b.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.49pt">The basis of consolidation</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The financial statements consolidate the accounts of Rio Tinto plc and Rio Tinto Limited (together “the Companies”) and their respective subsidiaries (together “the Group”, “we”, “our”) and include the Group’s share of joint arrangements and associates.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We consolidate subsidiaries where either of the companies controls the entity. Control exists where either of the companies has: power over the entities, that is, existing rights that give it the current ability to direct the relevant activities of the entities (those that significantly affect the companies’ returns); exposure, or rights, to variable returns from its involvement with the entities; and the ability to use its power to affect those returns. A list of principal subsidiaries is shown in note 30. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A joint arrangement is an arrangement in which two or more parties have joint control. Joint control is the contractually agreed sharing of control such that decisions about the relevant activities of the arrangement (those that significantly affect the companies’ returns) require the unanimous consent of the parties sharing control. We have two types of joint arrangements - joint operations (JOs) and joint ventures (JVs). A JO is a joint arrangement in which the parties that share joint control have rights to the assets, and obligations for the liabilities, relating to the arrangement. This includes situations where the parties benefit from the joint activity through a share of the output, rather than by receiving a share of the results of trading. For our JOs, shown in note 31, we recognise: our share of assets and liabilities; revenue from the sale of our share of the output and our share of any revenue generated from the sale of the output by the JO; and its share of expenses. All such amounts are measured in accordance with the terms of the arrangement, which is usually in proportion to our interest in the JO. These amounts are recorded in our financial statements on the appropriate lines. A JV is a joint arrangement in which the parties that share joint control have rights to the net assets of the arrangement. JVs are accounted for using the equity accounting method.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">An associate is an entity over which we have significant influence. Significant influence is presumed to exist where there is neither control nor joint control and the Group has over 20% of the voting rights, unless it can be clearly demonstrated that this is not the case. Significant influence can arise where we hold less than 20% of the voting rights if we have the power to participate in the financial and operating policy decisions affecting the entity. It also includes situations of collective control.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We use the term “equity accounted units” (EAUs) to refer to associates and JVs collectively. Under the equity accounting method, the investment is recorded initially at cost to the Group, including any goodwill on acquisition. In subsequent periods the carrying amount of the investment is adjusted to reflect the Group’s share of the EAUs’ retained post-acquisition profit or loss and other comprehensive income. Our principal JVs and associates are shown in note 32. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, we participate in unincorporated arrangements and have rights to our share of the assets and obligations for our share of the liabilities of the arrangement rather than a right to a net return, but do not share joint control. In such cases, we account for these arrangements in the same way as our joint operations with all such amounts measured in accordance with the terms of the arrangement, which is usually in proportion to our interest in the arrangement. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">All intragroup transactions and balances are eliminated on consolidation.</span><span style="color:#353534;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">c.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.86pt">Materiality</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our directors consider information to be material if correcting a misstatement, omission or obscuring could, in the light of surrounding circumstances, reasonably be expected to change the judgment of a reasonable person relying on the financial statements. The Group considers both quantitative and qualitative factors in determining whether information is material; the concept of materiality is therefore not driven purely by numerical values. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">When considering the potential materiality of information, management makes an initial quantitative assessment using thresholds based on estimates of profit before taxation; for the years ended 31 December 2022 and 31 December 2021 the quantitative threshold was US$700 million. However, other considerations can result in a determination that lower values are material or, occasionally, that higher values are immaterial. These considerations include whether a misstatement, omission or obscuring: masks a change or trend in key performance indicators; causes reported key metrics to change from a positive to a negative values or vice-versa; affects compliance with regulatory requirements or other contractual requirements; could result in an increase to management’s compensation; or might conceal an unlawful transaction. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In assessing materiality, management also applies judgment based on its understanding of the business and its internal and external financial statement users. The assessment will consider user expectations of numerical and narrative reporting. Sources used in making this assessment would include, for example: published analyst consensus measures, experience gained in formal and informal dialogue with users (including regulatory correspondence), and peer group benchmarking.</span></div><div style="margin-bottom:5pt"><span><br/></span></div></div><div style="display:inline-block;max-width:2.704%;min-width:1.704%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.649%"><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">d.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.49pt">Summary of key judgments or other relevant judgments made in applying the accounting policies </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The preparation of the financial statements requires management to use judgment in applying accounting policies and in making critical accounting estimates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">These judgments and estimates are based on management’s best knowledge of the relevant facts and circumstances, having regard to previous experience, but actual results may differ materially from the amounts included in the financial statements. Areas of judgment in the application of accounting policies that have the most significant effect on the amounts recognised in the financial statements and key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are noted below and further information is contained in the accounting policies and/or the notes to the financial statements.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Summarised below are the key judgments which we have taken in the application of the Group’s accounting policies for 2022 and how they compare to the prior year. Taking a different judgment over these matters would lead to a material impact on the 2022 financial statements. More detail on the judgment can be found in the <br/>respective notes. </span></div><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:5pt"><span><br/></span></div></div></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:40.877%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.346%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.346%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:40.877%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.379%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:17pt"><td colspan="3" rowspan="7" style="background-color:#cbe5f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe5f7;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgments</span></td><td colspan="3" style="background-color:#cbe5f7;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="background-color:#cbe5f7;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="background-color:#cbe5f7;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Reason for change</span></td><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:23pt"><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Indicators of impairment and impairment reversals (note 4)</span></div></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></div></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:53pt"><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Uncertain tax positions (note 10)</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The settlement in 2022 with the Australian Taxation Office (ATO) has reduced the balance over which judgment is exercised. There have been no material changes in the Group's remaining uncertain tax positions. Therefore uncertain tax positions are not a key judgment in 2022.</span></td><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:23pt"><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferral of stripping costs (note 13)</span></div></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:23pt"><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Estimation of asset lives (note 13)</span></div></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:23pt"><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Close-down, restoration and environmental obligations (note 14)</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:92pt"><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recoverability of potential deferred tax assets (note 15)</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0</span></td><td colspan="3" style="background-color:#cbe5f7;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#cbe5f7;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In 2021 the key judgment related to the recoverability of significant deferred tax asset balances in the United States, Mongolia and Australia. Given the progress towards sustainable underground production at Oyu Tolgoi reducing the risk of tax losses expiring prior to utilisation, and the write down of Federal deferred tax assets in the United States due to the introduction of the Corporate Alternative Minimum Tax under the Inflation Reduction Act, the recoverability of deferred tax assets is not a key judgment in 2022.</span></td><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Information on other relevant judgments to help understand the financial statements has been incorporated into the relevant accounting policy sections of each note. We have summarised how these judgments have changed since prior year below:</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:43.455%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:4.487%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:4.487%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:40.017%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.379%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments</span></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Reason for change</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Identification of functional currencies (f below)</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exclusions from underlying EBITDA (note 1)</span></div></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Determination of cash-generating units (CGUs) (note 4) </span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Uncertain tax positions (note 10)</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In 2022 the judgment we have taken on our uncertain tax positions is less significant than in the prior year given the settlement with the Australian Taxation Office (ATO). Where the amount of tax payable or recoverable is uncertain, judgment is required in evaluating the most likely amount of liability or recovery. Where there is a wide range of possible outcomes, judgment is required in evaluating a provision using the probability weighted average approach. See note 10 for further details.</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assessment of indefinite-lived water rights in Quebec (note 12)</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recoverability of potential deferred tax assets (note 15)</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Given the progress towards sustainable underground production at Oyu Tolgoi and the write down of Federal deferred tax assets in the United States due to the introduction of the Corporate Alternative Minimum Tax regime the recoverability of deferred tax assets is not a key judgment in 2022. Judgment is required regarding the extent to which certain risk factors are likely to affect the recovery of deferred tax assets. These risk factors include the risk of expiry of losses prior to utilisation, the impact of other legislation or tax regimes, such as minimum taxes, and consideration of factors that lead to the generation of losses or other deferred tax assets.</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accounting for the funding amounts relating to Oyu Tolgoi non-controlling interest (note 30)</span></div></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0</span></div></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The funding balances arising from a carry account loan with Erdenes Oyu Tolgoi were forgiven in 2022. This means the judgment over the accounting for these amounts is no longer applicable.</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accounting for the Pilbara Iron Arrangements (note 31)</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Basis of consolidation of Queensland Alumina Limited (note 31)</span></div></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The judgment taken on how we consolidate Queensland Alumina Limited (‘QAL’) was reassessed and confirmed in the current year. Following the Australian governments’s imposition of Trade Sanctions against Russia, QAL considered that they were no longer able to process bauxite on behalf of RUSAL and therefore enacted the “step-in” clause of the shareholders agreement that enabled Rio Tinto to contribute additional bauxite tonnes to ensure that 100% of production capacity was maintained. We continue to account for QAL as a joint operation.</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accounting for Minera Escondida Ltda (note 32)</span></div></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions for onerous contracts (note 36)</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0</span></div></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We reviewed our onerous contract population and noted the significance of this judgment had diminished. </span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recognition of contingencies (note 37)</span></div></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#e3e9e6;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change to the judgment</span></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:5pt;padding-left:16.57pt;text-indent:-14.18pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">e.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:6.87pt">Key sources of estimation uncertainty</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We define key sources of estimation uncertainty as accounting estimates that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. Summarised below are what we consider to be the key accounting estimates in 2022 compared to those of 2021 and the reason for any changes. Relevant sensitivities are disclosed within the relevant financial statement notes.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:40.877%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.346%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.346%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:40.877%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.379%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key accounting estimates</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Reason for change</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt 0 22.25pt;text-indent:-21.26pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Estimation of the close-down, restoration and environmental cost obligations (note 14)</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt 0 22.25pt;text-indent:-21.26pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Estimation of the cash flow forecasts to support the recognition of deferred tax assets</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In 2021 the cash flow forecast used to support the recognition of deferred tax assets in the United States, Mongolia and Australia was considered to be a key estimate. Given the write down of deferred tax assets in the United States as a result of the Corporate Alternative Minimum Tax under the Inflation Reduction Act 2022, and the progress towards sustainable underground production at Oyu Tolgoi reducing the risk of losses expiring prior to utilisation, cash flow forecasts used to support deferred tax recoverability are no longer considered a key estimate in 2022.</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt 0 22.25pt;text-indent:-21.26pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Estimation of obligations for post-employment costs<br/>(note 28)</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Webdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No change</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt 0 22.25pt;text-indent:-21.26pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr></table><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">f.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:9.17pt">Currency</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:700;line-height:120%"><br/></span></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Identification of functional currency</span></div><div style="margin-bottom:5pt"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We present our financial statements in US dollars, as that presentation currency most reliably reflects the global business performance of the Group as a whole. </span><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The functional currency for each subsidiary, unincorporated arrangement, joint operation and equity accounted unit is the currency of the primary economic environment in which it operates. For businesses that reside in developed economies the functional currency is generally the currency of the country in which it operates because of the dominance of locally incurred costs. If the business resides in an emerging economy, the US dollar is generally identified to be the functional currency as a higher proportion of costs, particularly imported goods and services, are agreed and paid in US dollars, in common with other international investors. Determination of functional currency involves judgment, and other companies may make different judgments based on similar facts. </span></div><div style="margin-bottom:5pt"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The determination of functional currency affects the measurement of non-current assets included in the balance sheet and, as a consequence, the depreciation and amortisation of those assets included in the income statement. It also impacts exchange gains and losses included in the income statement and in equity. We also apply judgment in determining whether settlement of certain intragroup loans is neither planned nor likely in the foreseeable future and therefore whether the associated exchange gains and losses can be taken to equity. During 2022, A$15 billion of intragroup loans continued to meet these criteria; associated exchange gains and losses are taken to equity.</span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On consolidation, income statement items for each entity are translated from the functional currency into US dollars at the full-year average rate of exchange, except for material one-off transactions, which are translated at the rate prevailing on the transaction date. Balance sheet items are translated into US dollars at period-end exchange rates.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences arising on the translation of the net assets of entities with functional currencies other than the US dollar are recognised directly in the currency translation reserve. These translation differences are shown in the statement of comprehensive income, with the exception of the translation adjustment relating to Rio Tinto Limited’s share capital, which is shown in the statement of changes in equity. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where an intragroup balance is, in substance, part of the Group’s net investment in an entity, exchange gains and losses on that balance are taken to the currency translation reserve. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Except as noted above, or where exchange differences are deferred as part of a cash flow hedge, all other differences are charged or credited to the income statement in the year in which they arise.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The principal exchange rates used in the preparation of the financial statements were: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Full-year average</span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Year-end</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">One unit of local currency buys the following number of US dollars</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pound sterling</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.24 </span></td><td style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.38 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.28 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.21 </span></td><td style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.35 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.36 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australian dollar</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.69 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.75 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.69 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.68 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.73 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.77 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canadian dollar</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.77 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.80 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.75 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.74 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.78 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.78 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Euro</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.05 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.18 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.14 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.07 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.13 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.23 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">South African rand</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.061 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.068 </span></td><td style="border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.061 </span></td><td style="border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.059 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.063 </span></td><td style="border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.068 </span></td><td style="border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>Ore Reserves and Mineral Resources <div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A Mineral Resource is a concentration or occurrence of solid material of economic interest in or on the Earth’s crust in such form, grade (or quality), and quantity that there are reasonable prospects for eventual economic extraction. An Ore Reserve is the economically mineable part of a measured or indicated Mineral Resource.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The estimation of Ore Reserves and Mineral Resources requires judgment to interpret available geological data and subsequently to select an appropriate mining method and then to establish an extraction schedule. At least annually, the Competent Persons of the Group (according to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code)), estimate Ore Reserves and Mineral Resources using assumptions such as:</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Available geological data;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Expected future commodity price and demand;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Exchange rates;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Production costs;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Transport costs;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Close-down and restoration costs;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Recovery rates;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Discount rates; and</span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Renewal of mining licences.</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">With regard to our future commodity price assumptions, to calculate our Ore Reserves and Mineral Resources for our filing on the Australian Securities Exchange and London Stock Exchange, we use prices generated by our Strategy and Economics team (refer to the Climate change section for further details about our pricing methodology). For our Annual Report on Form 20-F, filed with the Securities Exchange Commission (‘SEC’), we use consensus price or historical pricing and comply with subpart 1300 of Regulation S-K (Regulation S-K), instead of with the JORC code.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We use judgment as to when to include Mineral Resources in accounting estimates, for example, the use of Mineral Resources in our depreciation policy as described in note 13 and in the determination of the date of closure as described in note 14. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">There are many uncertainties in the estimation process and assumptions that are valid at the time of estimation may change significantly when new information becomes available. New geological or economic data, or unforeseen operational issues may change estimates of Ore Reserves and Mineral Resources. This could cause material adjustments in our financial statements to:</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Depreciation and amortisation rates;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Carrying values of intangible assets and property, plant and equipment;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Deferred stripping costs;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Provisions for close-down and restoration costs; and</span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Recovery of deferred tax assets.</span></div>Impact of climate change on the Group <div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The impact of climate change and the execution of our climate change strategy on our financial statements is discussed below: </span></div><div style="margin-bottom:4pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Climate change scenarios</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our strategy and approach to climate change are informed by an analysis of the interplay of global megatrends, explored through the lens of plausible global scenarios. These set the context for our industry and underpin our commodity price outlooks, portfolio and capital allocation choices and how we operate as a business. There are many plausible scenarios for global energy transition, all with different impacts on future commodity price outcomes. As part of our 2022 strategy process, we replaced our three scenarios described in the 2021 Annual Report and now focus on two core scenarios. These are used to generate a single central Reference Case for use in commodity pricing forecasts, valuation models and reserves and resources determination, as was the case in the prior year. These changes in scenarios represent an evolution of our interpretation and estimations in the current year, not a </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">change in accounting policy, and as such we have not restated comparative information. Our two core scenarios are: </span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Competitive Leadership scenario, limiting global warming to approximately 2°C by 2100, reflects a rapidly developing world of high growth and strong climate action post-2030 with change driven by policy and competitive innovation. As a result, we expect that countries achieve their Glasgow Climate Pact commitments. Global weighted average carbon prices are forecast to rise rapidly at an average of 8% per year over the next three decades, reaching US$42/tCO</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:1.12pt;vertical-align:baseline">2</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">e in 2030, and rising rapidly post-2030 to incentivise significant mitigation in industrial sectors post-2030. </span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Fragmented Leadership scenario, with global warming exceeding 2.5°C by 2100, is characterised by limited progress on policy reform with volatile low growth. We expect that nations eventually achieve their 2030 Nationally Determined Contributions as agreed in Paris in 2015 but fail to progress towards long term carbon goals agreed at the UN Climate Summit COP26 Glasgow. Global weighted average carbon prices are forecast to rise slowly, at an average of 2.9% per year over the period to 2050, reaching US$42 in 2030; but remain too low post-2030 to incentivise significant mitigation in industrial sectors resulting in flat global emissions post-2030.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At the UN Climate Summit in late 2022 (COP27), there was broad recognition that the pace of decarbonisation across the global economy is too slow to limit warming to 1.5°C and that current climate policies in many countries are not yet aligned with their stated ambitions. Consequently, neither of our two core scenarios is consistent with the expectation of climate policies required to accelerate the global transition to meet the stretch goal of the Paris Agreement. Although our operational emissions reduction targets align with the goals of the Paris Agreement, our two core scenarios do not. Consequently, we also assess our sensitivity and test the economic performance of our business against a scenario we have developed to reflect our view of the global actions required to meet the stretch goal of the Paris Agreement. We refer to this Paris-aligned scenario as the Aspirational Leadership scenario. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Importantly none of our three scenarios are considered a definitive representation for our assessment of the future impact of climate change on the Group. Scenario modelling has inherent limitations and by its nature allows a range of possible outcomes to be considered where it is impossible to predict which outcome is likely. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Aspirational Leadership scenario reflects a world of high growth, significant social change and accelerated climate action. Global weighted average carbon prices rise rapidly – at an average of 9.3% per year over the next three decades – reaching $59/tCO2e in 2030 and incentivise rapid and deep reductions in industrial emissions post-2030. Despite geopolitical differences, major economies work together through multilateral frameworks and proactively work towards limiting temperature change to 1.5°C by 2050. The Aspirational Leadership scenario is a commodity sales price and carbon tax sensitivity, with all other inputs remaining equal to our Reference Case; and is built by design to reach net-zero emissions globally by 2050 and help us better understand the pathways to meet the Paris Agreement goal, and what this could mean for our business. It is used for strategy and risk discussions, including analysis of sensitivity to our view of a Paris-aligned pathway and comparison of relative economic performance to our core scenarios. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We do not publish the commodity price forecasts associated with these scenarios as to do so would weaken our position in commercial negotiations and might give rise to concerns from other market participants. </span></div><div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:5pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Physical risk</span></div><div style="margin-bottom:4pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In 2022, we launched the Physical Resilience Programme across the Group. During the year we commenced a physical risk and resilience assessment across prioritised risk areas: the entire Pilbara iron ore operation and the Saguenay aluminium operations focused on Lac Saint-Jean. Our ongoing review processes, including impairment assessments, have not identified any material accounting impacts to date. For example, in 2022, no write-offs are necessary in the Pilbara, where certain infrastructure assets, such as transmission lines, that have reached the end of their natural lives are being replaced with climate resilient infrastructure. In addition, we do not foresee the renewal of our contractual water rights in Canada that have been classified as indefinite-lived intangible assets to be at risk from climate change (note 12). Further, closure planning considers future climate change projections at each step of the process to support safe and appropriate final landform design. In 2023, we will progress a Group-wide top-down assessment to further understand the risks and opportunities associated with physical climate change and to quantify any financial impacts, in addition to the site-specific bottom-up assessments, which will continue in the foreseeable future. </span></div><div style="margin-bottom:4pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Accounting judgments and estimates</span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:112%">Global decarbonisation and the world’s energy transition continues to evolve, with the potential to materially impact our future financial results as our significant accounting judgments and key estimates are updated to reflect prevailing circumstances. In response, carrying values of assets and liabilities could be materially affected in future periods. Our current strategy and approach to decarbonise our operations and achieve our scope 1 and 2 emissions targets is considered in our significant judgments and key estimates reflected in these financial results.</span></div><div><span><br/></span></div><div><span><br/></span></div></div><div style="display:inline-block;max-width:2.705%;min-width:1.705%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.648%"><div><span style="color:#0477b8;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Impacts from executing our climate change strategy - accounting for capital expenditure and operating costs underpinning our Climate Action Plan</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Given the significant investment we are making to abate our carbon emissions, we have considered the potential for asset obsolescence, with a particular focus on our Pilbara operations where we are prioritising investment in renewables to switch away from natural gas power generation. No material changes to accounting estimates to useful economic lives have been necessary due to the anticipated use of these assets for firming support in the transition (note 13). As the renewable projects progress, it is possible that such adjustments may be identified in the future. The renewable assets in the Pilbara are our own built and operated arrangements and follow normal rules on capitalisation of directly attributable costs. The solar power purchase agreement for RBM is accounted for on an accrual basis as energy is produced. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">There are no accounting impacts to date from the programme to develop renewable energy solutions for our Queensland aluminium assets as the work has not been completed and commercial terms have not been agreed. Large scale renewable power off-take arrangements may, in the future, require complex derivative measurement or lease accounting depending on contractual terms.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">No adjustments to useful lives of the existing fleet have been identified to date as a result of planned fleet electrification in the Pilbara and the purchase of battery-powered locomotives. The solutions are still in development or pilot stages and the gradual fleet replacement is intended to be part of the normal lifecycle renewal of trucks. Depending on technological development, which is highly uncertain, this could lead to accelerated depreciation in the future. Similarly, our target to have net zero vessels in our portfolio by 2030 has not given rise to accounting adjustments to date, as the replacement is planned as part of the lifecycle renewal. The energy efficiency digestion project at Queensland Alumina refinery does not reduce the economic lives of the underlying alumina assets but could lower operating costs and improve margins. The expenditure on our own carbon abatement projects and technology advancements follows existing accounting policies on cost capitalisation, research and development costs.</span></div><div><span><br/></span></div></div><div style="display:inline-block;vertical-align:top;width:48.647%"><div><span style="color:#0477b8;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Use of sensitivities to Paris aligned accounting</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The forecast commodity prices (including carbon prices) informed by a blend of our two scenarios are used pervasively in our financial processes from budgeting, forecasting, capital allocation and project evaluation to the determination of ore reserves. In turn, these prices are used to derive critical accounting estimates included as inputs to impairment testing, estimation of remaining economic life for units of production depreciation and discounting closure and rehabilitation provisions. These prices represent our best estimate of actual market outcomes based on the range of future economic conditions regarding matters largely outside our control, as required by IFRS. As neither of our core scenarios represents the Group’s view of the goals of the Paris Agreement, our commodity price assumptions used in accounting estimates are not consistent with the expectation of climate policies required to accelerate the global transition to meet the goals of the Paris Agreement. As described above, we use our Aspirational Leadership scenario to understand the sensitivity of these estimates to Paris aligned assumptions.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Under the Aspirational Leadership scenario, which is not used in the preparation of these financial statements, nor for budgeting purposes, the economic performance of copper and aluminium is expected to be stronger under supply and demand forward pricing curves which we believe will be consistent with the Paris Agreement. It is possible therefore, under the right conditions, that historical impairments associated with these assets could reverse. We recognised an impairment of US$202 million during the year for the Boyne smelter cash-generating unit, triggered by economic and operating performance of the smelter (note 4). When measuring the recoverable amount for this cash-generating unit we utilised net present value of cash flows to the end of the existing joint venture agreements in 2029, which also coincides with the Group’s targeted carbon emission reductions by 2030. The Group continues to evaluate lower emission power solutions for the smelter that could extend its life to at least 2040. In such circumstances, the net present value of forecast future cash flows could support the reversal of past impairments. Both the recorded outcome and the sensitivity represent a reduction in emissions that we considered to be Paris-aligned.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In the Aspirational Leadership scenario the prices for lower-grade iron ore are supported in the medium term by an assumed underlying </span></div></div><div style="display:inline-block;max-width:2.705%;min-width:1.705%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.648%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">increase in GDP-driven demand. However, in the longer term we assume the pricing for lower grade iron ore to be weaker than in our core scenarios. This will depend on the development of low-emissions steel technology, the pace of which is uncertain, but is expected to be offset by higher prices for higher-grade iron ore. This is unlikely to give rise to impairment triggers for 2022 or in the foreseeable future due to the high returns on capital employed in the Pilbara. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We completed the divestments of our coal businesses in 2018 and no longer mine coal, but retained a contingent royalty from these divestments. Recent favourable coal prices exceeded contractual benchmark levels and resulted in the cash royalty receipt of US$36 million during 2022. We also carry royalty receivables of US$209 million on our balance sheet at 31 December 2022, measured at fair value (note 24). The fair value of this balance may be adversely impacted in the future by a faster pace of transition to a low carbon economy, but this impact is not expected to be material.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closure dates and cost of closure are also sensitive to climate assumptions, but no material changes have been identified in the year specific to climate change that would require a material revision to the provisions in 2022. For those commodities with higher forward price curves under the Aspirational Leadership scenario, it may be economical to mine lower mineral grades, which could result in the conversion of additional Mineral Resources to Ore Reserves and therefore longer dated closure. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Overall, based on the Aspirational Leadership scenario pricing outcomes, and with all other assumptions remaining consistent with those applied to our 2022 financial statements, we do not currently envisage a material adverse impact of the 1.5°C Paris-aligned sensitivity on asset carrying values, remaining useful life, or closure and rehabilitation provisions for the Group. It is possible that other factors may arise in the future, which are not known today, that may impact this assessment.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additional commentary on the impact of climate change on our business is included in the following notes: </span></div></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:84.286%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.361%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.378%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" rowspan="7" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:17pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial reporting considerations and sensitivities related to climate change </span></td><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page</span></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recoverable value of our assets, asset obsolescence, impairment and use of sensitivities (note 4)</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><span id="ie4e739e497b547f0a5af856d01e13b07_2-2-1-1-1496921"/><div style="margin-bottom:5pt;text-align:right"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><a href="#i375b2c29490a4b2c8e95828316be8730_1-1-1-2-1564050" style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">168</a></span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating expenditure spend on decarbonisation (note 7 - footnote (h))</span></td><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt;text-align:right"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><a href="#i08db5bbb3c2848ab9b3064ee99094c9c_317" style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">171</a></span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Water rights - climate impact on indefinite life (note 12)</span></td><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt;text-align:right"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><a href="#ib093ae0f7f664318b346a05b616621f7_0-0-1-1-1777074" style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">177</a></span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Estimation of asset lives (note 13)</span></td><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt;text-align:right"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><a href="#if3cd2860e176462f9a97ad98ea28197f_0-0-1-1-1777078" style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">179</a></span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Additions to property, plant and equipment with a primary purpose of reducing carbon emissions (note 13 - footnote (d))</span></td><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt;text-align:right"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><a href="#i195b13a216f44d3b9a979cbccc50e3ec_1177" style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">181</a></span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Useful economic lives of power generating assets (note 13)</span></td><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt;text-align:right"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><a href="#ifd02bd1f8dfa476d8b3a8aa3d0f3c7c5_1-1-1-5-1648793" style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">181</a></span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Close-down, restoration and environmental cost (note 14)</span></td><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt;text-align:right"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><a href="#i5bd16cca1df044fa9c95de037893bedb_0-1-1-1-1777254" style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">185</a></span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Coal royalty receivables (note 24)</span></td><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt;text-align:right"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><a href="#i65cc66b5d29b400f841dadae9f1f1c16_0-1-1-1-1777240" style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">200</a></span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table>New standards issued and effective in the current year<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our financial statements have been prepared on the basis of accounting policies consistent with those applied in the financial statements for the year ended 31 December 2021, except for the accounting requirements set out below, effective as at 1 January 2022. These did not have a significant impact on our financial statements.</span></div><div style="margin-bottom:4pt"><span id="i4e1fde2b483e4a95b74bd78074955f5c_125"/><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Proceeds before Intended Use (Amendments to IAS 16 “Property, Plant and Equipment”)</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We adopted Proceeds before Intended Use (Amendments to IAS 16 “Property, Plant and Equipment”) at 1 January 2022. The amendment prohibits the deduction, from the cost of major project construction work in progress, of proceeds (net of additional processing costs) from selling items before the related item of property, plant and equipment is available for use. Under the amendment, proceeds from selling items before the related item of property, plant and equipment is available for use are recognised within “Consolidated sales revenue” in the income statement along with the costs of producing those items within “Net operating costs (excluding items disclosed separately)”. We apportion development expenditure in the period to derive the cost associated with pre-production revenue, based on the tonnes produced in the period as a percentage of the total expected production (estimated total ore reserve). During 2021 we completed a review of the impact of these amendments and concluded that adjustments to retained earnings as at 1 January 2020, and restatement of the 2020 and 2021 Group Income Statement and Balance Sheet upon adoption of the amendments, were insignificant and as a result no restatements were made to comparative periods. During the year ended 31 December 2022 we recognised in the income statement pre-production revenue of US$511 million and related costs of US$30 million in relation to Gudai Darri and Oyu Tolgoi.</span></div><div style="margin-bottom:4pt"><span id="i4e1fde2b483e4a95b74bd78074955f5c_123"/><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Onerous Contracts – Cost of Fulfilling a Contract (Amendments to IAS 37 “Provisions, Contingent Liabilities and Contingent Assets”)</span></div><div style="margin-bottom:4pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We adopted Onerous Contracts – Cost of Fulfilling a Contract (Amendments to IAS 37 “Provisions, Contingent Liabilities and Contingent Assets”) at 1 January 2022. The amendments specify that the costs an entity includes in determining whether a contract is onerous are made up of all directly related costs, including both incremental amounts and an allocation of other directly related expenditure. Previously, we made provision for onerous contracts when the assets dedicated to the contract were fully impaired or the contract became stranded as a result of a business decision. From 2022, we record a provision if a contract is found to be loss-making on a stand-alone basis following allocation of all directly related costs as required by the amendments to IAS 37. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have applied the amendments without revision to comparative amounts. We have increased other provisions and reduced our retained earnings as at 1 January 2022 by US$17 million.</span></div>
CY2022 ifrs-full Explanation Of Measurement Bases Used In Preparing Financial Statements
ExplanationOfMeasurementBasesUsedInPreparingFinancialStatements
The basis of preparation<div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The financial information included in the financial statements for the year ended 31 December 2022, and for the related comparative periods, has been prepared:</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">under the historical cost convention, as modified by the revaluation of certain financial instruments, the impact of fair value hedge accounting on the hedged items and the accounting for post-employment assets and obligations;</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">on a going concern basis - Management has prepared detailed cash flow forecasts for at least 12 months and has updated life-of-mine plan models with longer-term cash flow projections which demonstrate that we will have sufficient cash, other liquid resources and undrawn credit facilities to enable us to meet our obligations as they fall due;</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">to meet international accounting standards as issued by the International Accounting Standards Board (IASB) and interpretations issued from time to time by the IFRS Interpretations Committee (IFRS IC) which are mandatory at 31 December 2022.</span></div>The above accounting standards and interpretations are collectively referred to as “IFRS” in this report and contain the principles we use to create our accounting policies. Where necessary, adjustments are made to the locally reported assets, liabilities, and results of subsidiaries, joint arrangements and associates to bring their accounting policies in line with ours for consistent reporting.
CY2022 ifrs-full Disclosure Of Basis Of Consolidation Explanatory
DisclosureOfBasisOfConsolidationExplanatory
The basis of consolidation<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The financial statements consolidate the accounts of Rio Tinto plc and Rio Tinto Limited (together “the Companies”) and their respective subsidiaries (together “the Group”, “we”, “our”) and include the Group’s share of joint arrangements and associates.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We consolidate subsidiaries where either of the companies controls the entity. Control exists where either of the companies has: power over the entities, that is, existing rights that give it the current ability to direct the relevant activities of the entities (those that significantly affect the companies’ returns); exposure, or rights, to variable returns from its involvement with the entities; and the ability to use its power to affect those returns. A list of principal subsidiaries is shown in note 30. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A joint arrangement is an arrangement in which two or more parties have joint control. Joint control is the contractually agreed sharing of control such that decisions about the relevant activities of the arrangement (those that significantly affect the companies’ returns) require the unanimous consent of the parties sharing control. We have two types of joint arrangements - joint operations (JOs) and joint ventures (JVs). A JO is a joint arrangement in which the parties that share joint control have rights to the assets, and obligations for the liabilities, relating to the arrangement. This includes situations where the parties benefit from the joint activity through a share of the output, rather than by receiving a share of the results of trading. For our JOs, shown in note 31, we recognise: our share of assets and liabilities; revenue from the sale of our share of the output and our share of any revenue generated from the sale of the output by the JO; and its share of expenses. All such amounts are measured in accordance with the terms of the arrangement, which is usually in proportion to our interest in the JO. These amounts are recorded in our financial statements on the appropriate lines. A JV is a joint arrangement in which the parties that share joint control have rights to the net assets of the arrangement. JVs are accounted for using the equity accounting method.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">An associate is an entity over which we have significant influence. Significant influence is presumed to exist where there is neither control nor joint control and the Group has over 20% of the voting rights, unless it can be clearly demonstrated that this is not the case. Significant influence can arise where we hold less than 20% of the voting rights if we have the power to participate in the financial and operating policy decisions affecting the entity. It also includes situations of collective control.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We use the term “equity accounted units” (EAUs) to refer to associates and JVs collectively. Under the equity accounting method, the investment is recorded initially at cost to the Group, including any goodwill on acquisition. In subsequent periods the carrying amount of the investment is adjusted to reflect the Group’s share of the EAUs’ retained post-acquisition profit or loss and other comprehensive income. Our principal JVs and associates are shown in note 32. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, we participate in unincorporated arrangements and have rights to our share of the assets and obligations for our share of the liabilities of the arrangement rather than a right to a net return, but do not share joint control. In such cases, we account for these arrangements in the same way as our joint operations with all such amounts measured in accordance with the terms of the arrangement, which is usually in proportion to our interest in the arrangement. </span></div>All intragroup transactions and balances are eliminated on consolidation.
CY2021 rio Group Materiality Profit Before Taxation Threshold
GroupMaterialityProfitBeforeTaxationThreshold
700000000 usd
CY2022 rio Group Materiality Profit Before Taxation Threshold
GroupMaterialityProfitBeforeTaxationThreshold
700000000 usd
CY2022 ifrs-full Description Of Accounting Policy For Foreign Currency Translation Explanatory
DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory
Currency<div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:700;line-height:120%"><br/></span></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Identification of functional currency</span></div><div style="margin-bottom:5pt"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We present our financial statements in US dollars, as that presentation currency most reliably reflects the global business performance of the Group as a whole. </span><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The functional currency for each subsidiary, unincorporated arrangement, joint operation and equity accounted unit is the currency of the primary economic environment in which it operates. For businesses that reside in developed economies the functional currency is generally the currency of the country in which it operates because of the dominance of locally incurred costs. If the business resides in an emerging economy, the US dollar is generally identified to be the functional currency as a higher proportion of costs, particularly imported goods and services, are agreed and paid in US dollars, in common with other international investors. Determination of functional currency involves judgment, and other companies may make different judgments based on similar facts. </span></div><div style="margin-bottom:5pt"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The determination of functional currency affects the measurement of non-current assets included in the balance sheet and, as a consequence, the depreciation and amortisation of those assets included in the income statement. It also impacts exchange gains and losses included in the income statement and in equity. We also apply judgment in determining whether settlement of certain intragroup loans is neither planned nor likely in the foreseeable future and therefore whether the associated exchange gains and losses can be taken to equity. During 2022, A$15 billion of intragroup loans continued to meet these criteria; associated exchange gains and losses are taken to equity.</span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On consolidation, income statement items for each entity are translated from the functional currency into US dollars at the full-year average rate of exchange, except for material one-off transactions, which are translated at the rate prevailing on the transaction date. Balance sheet items are translated into US dollars at period-end exchange rates.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exchange differences arising on the translation of the net assets of entities with functional currencies other than the US dollar are recognised directly in the currency translation reserve. These translation differences are shown in the statement of comprehensive income, with the exception of the translation adjustment relating to Rio Tinto Limited’s share capital, which is shown in the statement of changes in equity. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where an intragroup balance is, in substance, part of the Group’s net investment in an entity, exchange gains and losses on that balance are taken to the currency translation reserve. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Except as noted above, or where exchange differences are deferred as part of a cash flow hedge, all other differences are charged or credited to the income statement in the year in which they arise.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The principal exchange rates used in the preparation of the financial statements were: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Full-year average</span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Year-end</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">One unit of local currency buys the following number of US dollars</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pound sterling</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.24 </span></td><td style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.38 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.28 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.21 </span></td><td style="background-color:#f1f9fa;border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.35 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.36 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australian dollar</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.69 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.75 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.69 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.68 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.73 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.77 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canadian dollar</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.77 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.80 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.75 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.74 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.78 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.78 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Euro</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.05 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.18 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.14 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.07 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.13 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.23 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">South African rand</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.061 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.068 </span></td><td style="border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.061 </span></td><td style="border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.059 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.063 </span></td><td style="border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #929292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.068 </span></td><td style="border-bottom:1pt solid #929292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022 ifrs-full Gain Loss Recognised On Measurement To Fair Value Less Costs To Sell Or On Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation
GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation
-105000000 usd
CY2021 ifrs-full Gain Loss Recognised On Measurement To Fair Value Less Costs To Sell Or On Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation
GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation
0 usd
CY2020 ifrs-full Gain Loss Recognised On Measurement To Fair Value Less Costs To Sell Or On Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation
GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation
0 usd
CY2022Q4 rio Intragroup Loans
IntragroupLoans
15000000000 aud
CY2022 ifrs-full Receipts From Royalties Fees Commissions And Other Revenue
ReceiptsFromRoyaltiesFeesCommissionsAndOtherRevenue
36000000 usd
CY2022 rio Expected Unconditional Guaranteed Royalty Payments To Be Received
ExpectedUnconditionalGuaranteedRoyaltyPaymentsToBeReceived
209000000 usd
CY2022 ifrs-full Revenue
Revenue
55554000000 usd
CY2021 ifrs-full Revenue
Revenue
63495000000 usd
CY2020 ifrs-full Revenue
Revenue
44611000000 usd
CY2022 rio Net Operating Expenses Excluding Items Disclosed Separately
NetOperatingExpensesExcludingItemsDisclosedSeparately
34770000000 usd
CY2021 rio Net Operating Expenses Excluding Items Disclosed Separately
NetOperatingExpensesExcludingItemsDisclosedSeparately
32690000000 usd
CY2020 rio Net Operating Expenses Excluding Items Disclosed Separately
NetOperatingExpensesExcludingItemsDisclosedSeparately
26254000000 usd
CY2022 ifrs-full Impairment Loss Recognised In Profit Or Loss
ImpairmentLossRecognisedInProfitOrLoss
-150000000 usd
CY2021 ifrs-full Impairment Loss Recognised In Profit Or Loss
ImpairmentLossRecognisedInProfitOrLoss
269000000 usd
CY2020 ifrs-full Impairment Loss Recognised In Profit Or Loss
ImpairmentLossRecognisedInProfitOrLoss
904000000 usd
CY2022 ifrs-full Expense Arising From Exploration For And Evaluation Of Mineral Resources
ExpenseArisingFromExplorationForAndEvaluationOfMineralResources
896000000 usd
CY2021 ifrs-full Expense Arising From Exploration For And Evaluation Of Mineral Resources
ExpenseArisingFromExplorationForAndEvaluationOfMineralResources
719000000 usd
CY2020 ifrs-full Expense Arising From Exploration For And Evaluation Of Mineral Resources
ExpenseArisingFromExplorationForAndEvaluationOfMineralResources
624000000 usd
CY2022 ifrs-full Profit Loss From Operating Activities
ProfitLossFromOperatingActivities
19933000000 usd
CY2021 ifrs-full Profit Loss From Operating Activities
ProfitLossFromOperatingActivities
29817000000 usd
CY2020 ifrs-full Profit Loss From Operating Activities
ProfitLossFromOperatingActivities
16829000000 usd
CY2022 ifrs-full Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method
ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod
777000000 usd
CY2021 ifrs-full Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method
ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod
1042000000 usd
CY2020 ifrs-full Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method
ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod
652000000 usd
CY2022 rio Impairment Loss Of Equity Accounted Unit Recognised In Profit Or Loss After Tax
ImpairmentLossOfEquityAccountedUnitRecognisedInProfitOrLossAfterTax
202000000 usd
CY2021 rio Impairment Loss Of Equity Accounted Unit Recognised In Profit Or Loss After Tax
ImpairmentLossOfEquityAccountedUnitRecognisedInProfitOrLossAfterTax
0 usd
CY2020 rio Impairment Loss Of Equity Accounted Unit Recognised In Profit Or Loss After Tax
ImpairmentLossOfEquityAccountedUnitRecognisedInProfitOrLossAfterTax
339000000 usd
CY2022 rio Profit Before Finance Items And Taxation
ProfitBeforeFinanceItemsAndTaxation
20508000000 usd
CY2021 rio Profit Before Finance Items And Taxation
ProfitBeforeFinanceItemsAndTaxation
30859000000 usd
CY2020 rio Profit Before Finance Items And Taxation
ProfitBeforeFinanceItemsAndTaxation
17142000000 usd
CY2022 rio Exchange Gains Losses On Us Dollar External Debt And Intra Net Debt Cash Group
ExchangeGainsLossesOnUsDollarExternalDebtAndIntraNetDebtCashGroup
253000000 usd
CY2021 rio Exchange Gains Losses On Us Dollar External Debt And Intra Net Debt Cash Group
ExchangeGainsLossesOnUsDollarExternalDebtAndIntraNetDebtCashGroup
802000000 usd
CY2020 rio Exchange Gains Losses On Us Dollar External Debt And Intra Net Debt Cash Group
ExchangeGainsLossesOnUsDollarExternalDebtAndIntraNetDebtCashGroup
-1124000000 usd
CY2022 ifrs-full Gains Losses On Change In Fair Value Of Derivatives
GainsLossesOnChangeInFairValueOfDerivatives
-424000000 usd
CY2021 ifrs-full Gains Losses On Change In Fair Value Of Derivatives
GainsLossesOnChangeInFairValueOfDerivatives
-231000000 usd
CY2020 ifrs-full Gains Losses On Change In Fair Value Of Derivatives
GainsLossesOnChangeInFairValueOfDerivatives
-123000000 usd
CY2022 ifrs-full Finance Income
FinanceIncome
179000000 usd
CY2021 ifrs-full Finance Income
FinanceIncome
64000000 usd
CY2020 ifrs-full Finance Income
FinanceIncome
141000000 usd
CY2022 ifrs-full Finance Costs
FinanceCosts
335000000 usd
CY2021 ifrs-full Finance Costs
FinanceCosts
243000000 usd
CY2020 ifrs-full Finance Costs
FinanceCosts
268000000 usd
CY2022 rio Expense Due To Undwinding Of Discount On Provisions And Receivables
ExpenseDueToUndwindingOfDiscountOnProvisionsAndReceivables
1519000000 usd
CY2021 rio Expense Due To Undwinding Of Discount On Provisions And Receivables
ExpenseDueToUndwindingOfDiscountOnProvisionsAndReceivables
418000000 usd
CY2020 rio Expense Due To Undwinding Of Discount On Provisions And Receivables
ExpenseDueToUndwindingOfDiscountOnProvisionsAndReceivables
377000000 usd
CY2022 ifrs-full Finance Income Cost
FinanceIncomeCost
-1846000000 usd
CY2021 ifrs-full Finance Income Cost
FinanceIncomeCost
-26000000 usd
CY2020 ifrs-full Finance Income Cost
FinanceIncomeCost
-1751000000 usd
CY2022 ifrs-full Profit Loss Before Tax
ProfitLossBeforeTax
18662000000 usd
CY2021 ifrs-full Profit Loss Before Tax
ProfitLossBeforeTax
30833000000 usd
CY2020 ifrs-full Profit Loss Before Tax
ProfitLossBeforeTax
15391000000 usd
CY2022 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
5586000000 usd
CY2021 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
8258000000 usd
CY2020 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
4991000000 usd
CY2022 ifrs-full Profit Loss
ProfitLoss
13076000000 usd
CY2021 ifrs-full Profit Loss
ProfitLoss
22575000000 usd
CY2020 ifrs-full Profit Loss
ProfitLoss
10400000000 usd
CY2022 ifrs-full Profit Loss Attributable To Owners Of Parent
ProfitLossAttributableToOwnersOfParent
12420000000 usd
CY2021 ifrs-full Profit Loss Attributable To Owners Of Parent
ProfitLossAttributableToOwnersOfParent
21094000000 usd
CY2020 ifrs-full Profit Loss Attributable To Owners Of Parent
ProfitLossAttributableToOwnersOfParent
9769000000 usd
CY2022 ifrs-full Profit Loss Attributable To Noncontrolling Interests
ProfitLossAttributableToNoncontrollingInterests
656000000 usd
CY2021 ifrs-full Profit Loss Attributable To Noncontrolling Interests
ProfitLossAttributableToNoncontrollingInterests
1481000000 usd
CY2020 ifrs-full Profit Loss Attributable To Noncontrolling Interests
ProfitLossAttributableToNoncontrollingInterests
631000000 usd
CY2022 ifrs-full Basic Earnings Loss Per Share
BasicEarningsLossPerShare
7.668
CY2021 ifrs-full Basic Earnings Loss Per Share
BasicEarningsLossPerShare
13.034
CY2020 ifrs-full Basic Earnings Loss Per Share
BasicEarningsLossPerShare
6.040
CY2022 ifrs-full Diluted Earnings Loss Per Share
DilutedEarningsLossPerShare
7.621
CY2021 ifrs-full Diluted Earnings Loss Per Share
DilutedEarningsLossPerShare
12.95
CY2020 ifrs-full Diluted Earnings Loss Per Share
DilutedEarningsLossPerShare
5.998
CY2022 ifrs-full Profit Loss
ProfitLoss
13076000000 usd
CY2021 ifrs-full Profit Loss
ProfitLoss
22575000000 usd
CY2020 ifrs-full Profit Loss
ProfitLoss
10400000000 usd
CY2022 ifrs-full Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
578000000 usd
CY2021 ifrs-full Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
1026000000 usd
CY2020 ifrs-full Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
-474000000 usd
CY2022 rio Change In Fair Value Of Equity Investments At Fair Value Through Other Comprehensive Income
ChangeInFairValueOfEquityInvestmentsAtFairValueThroughOtherComprehensiveIncome
0 usd
CY2021 rio Change In Fair Value Of Equity Investments At Fair Value Through Other Comprehensive Income
ChangeInFairValueOfEquityInvestmentsAtFairValueThroughOtherComprehensiveIncome
5000000 usd
CY2020 rio Change In Fair Value Of Equity Investments At Fair Value Through Other Comprehensive Income
ChangeInFairValueOfEquityInvestmentsAtFairValueThroughOtherComprehensiveIncome
10000000 usd
CY2022 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss
123000000 usd
CY2021 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss
305000000 usd
CY2020 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss
-112000000 usd
CY2021 ifrs-full Reclassification Adjustments On Cash Flow Hedges Before Tax
ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax
-14000000 usd
CY2020 ifrs-full Reclassification Adjustments On Cash Flow Hedges Before Tax
ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax
63000000 usd
CY2022 rio Other Comprehensive Income Before Tax Costs Of Hedging
OtherComprehensiveIncomeBeforeTaxCostsOfHedging
-4000000 usd
CY2022 ifrs-full Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax
5000000 usd
CY2021 ifrs-full Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax
12000000 usd
CY2020 ifrs-full Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax
-6000000 usd
CY2022 ifrs-full Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax
460000000 usd
CY2021 ifrs-full Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax
738000000 usd
CY2020 ifrs-full Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax
-358000000 usd
CY2022 ifrs-full Gains Losses On Change In Value Of Foreign Currency Basis Spreads Before Tax
GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsBeforeTax
-2371000000 usd
CY2021 ifrs-full Gains Losses On Change In Value Of Foreign Currency Basis Spreads Before Tax
GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsBeforeTax
-1843000000 usd
CY2020 ifrs-full Gains Losses On Change In Value Of Foreign Currency Basis Spreads Before Tax
GainsLossesOnChangeInValueOfForeignCurrencyBasisSpreadsBeforeTax
2967000000 usd
CY2022 ifrs-full Reclassification Adjustments On Change In Value Of Foreign Currency Basis Spreads Before Tax
ReclassificationAdjustmentsOnChangeInValueOfForeignCurrencyBasisSpreadsBeforeTax
-105000000 usd
CY2021 ifrs-full Reclassification Adjustments On Change In Value Of Foreign Currency Basis Spreads Before Tax
ReclassificationAdjustmentsOnChangeInValueOfForeignCurrencyBasisSpreadsBeforeTax
0 usd
CY2020 ifrs-full Reclassification Adjustments On Change In Value Of Foreign Currency Basis Spreads Before Tax
ReclassificationAdjustmentsOnChangeInValueOfForeignCurrencyBasisSpreadsBeforeTax
0 usd
CY2022 ifrs-full Gains Losses On Cash Flow Hedges Before Tax
GainsLossesOnCashFlowHedgesBeforeTax
-167000000 usd
CY2021 ifrs-full Gains Losses On Cash Flow Hedges Before Tax
GainsLossesOnCashFlowHedgesBeforeTax
-211000000 usd
CY2020 ifrs-full Gains Losses On Cash Flow Hedges Before Tax
GainsLossesOnCashFlowHedgesBeforeTax
24000000 usd
CY2022 ifrs-full Reclassification Adjustments On Cash Flow Hedges Before Tax
ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax
-106000000 usd
CY2021 rio Other Comprehensive Income Before Tax Costs Of Hedging
OtherComprehensiveIncomeBeforeTaxCostsOfHedging
18000000 usd
CY2020 rio Other Comprehensive Income Before Tax Costs Of Hedging
OtherComprehensiveIncomeBeforeTaxCostsOfHedging
-7000000 usd
CY2022 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss
-21000000 usd
CY2021 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss
-62000000 usd
CY2020 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss
-3000000 usd
CY2022 ifrs-full Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax
-27000000 usd
CY2021 ifrs-full Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax
-12000000 usd
CY2020 ifrs-full Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax
4000000 usd
CY2022 ifrs-full Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax
-2329000000 usd
CY2021 ifrs-full Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax
-2008000000 usd
CY2020 ifrs-full Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax
2942000000 usd
CY2022 ifrs-full Other Comprehensive Income
OtherComprehensiveIncome
-1869000000 usd
CY2021 ifrs-full Other Comprehensive Income
OtherComprehensiveIncome
-1270000000 usd
CY2020 ifrs-full Other Comprehensive Income
OtherComprehensiveIncome
2584000000 usd
CY2022 ifrs-full Comprehensive Income
ComprehensiveIncome
11207000000 usd
CY2021 ifrs-full Comprehensive Income
ComprehensiveIncome
21305000000 usd
CY2020 ifrs-full Comprehensive Income
ComprehensiveIncome
12984000000 usd
CY2022 ifrs-full Comprehensive Income Attributable To Owners Of Parent
ComprehensiveIncomeAttributableToOwnersOfParent
10705000000 usd
CY2021 ifrs-full Comprehensive Income Attributable To Owners Of Parent
ComprehensiveIncomeAttributableToOwnersOfParent
19896000000 usd
CY2020 ifrs-full Comprehensive Income Attributable To Owners Of Parent
ComprehensiveIncomeAttributableToOwnersOfParent
12201000000 usd
CY2022 ifrs-full Comprehensive Income Attributable To Noncontrolling Interests
ComprehensiveIncomeAttributableToNoncontrollingInterests
502000000 usd
CY2021 ifrs-full Comprehensive Income Attributable To Noncontrolling Interests
ComprehensiveIncomeAttributableToNoncontrollingInterests
1409000000 usd
CY2020 ifrs-full Comprehensive Income Attributable To Noncontrolling Interests
ComprehensiveIncomeAttributableToNoncontrollingInterests
783000000 usd
CY2022 rio Currency Translation Gain Charge Arising On Dual Listed Companies Share Capital
CurrencyTranslationGainChargeArisingOnDualListedCompaniesShareCapital
-240000000 usd
CY2021 rio Currency Translation Gain Charge Arising On Dual Listed Companies Share Capital
CurrencyTranslationGainChargeArisingOnDualListedCompaniesShareCapital
-211000000 usd
CY2020 rio Currency Translation Gain Charge Arising On Dual Listed Companies Share Capital
CurrencyTranslationGainChargeArisingOnDualListedCompaniesShareCapital
333000000 usd
CY2022 rio Cash Flows From Used In Consolidated Operations
CashFlowsFromUsedInConsolidatedOperations
23158000000 usd
CY2021 rio Cash Flows From Used In Consolidated Operations
CashFlowsFromUsedInConsolidatedOperations
33936000000 usd
CY2020 rio Cash Flows From Used In Consolidated Operations
CashFlowsFromUsedInConsolidatedOperations
21822000000 usd
CY2022 ifrs-full Dividends Received Classified As Operating Activities
DividendsReceivedClassifiedAsOperatingActivities
879000000 usd
CY2021 ifrs-full Dividends Received Classified As Operating Activities
DividendsReceivedClassifiedAsOperatingActivities
1431000000 usd
CY2020 ifrs-full Dividends Received Classified As Operating Activities
DividendsReceivedClassifiedAsOperatingActivities
594000000 usd
CY2022 ifrs-full Cash Flows From Used In Operations
CashFlowsFromUsedInOperations
24037000000 usd
CY2021 ifrs-full Cash Flows From Used In Operations
CashFlowsFromUsedInOperations
35367000000 usd
CY2020 ifrs-full Cash Flows From Used In Operations
CashFlowsFromUsedInOperations
22416000000 usd
CY2022 ifrs-full Interest Paid Classified As Operating Activities
InterestPaidClassifiedAsOperatingActivities
573000000 usd
CY2021 ifrs-full Interest Paid Classified As Operating Activities
InterestPaidClassifiedAsOperatingActivities
438000000 usd
CY2020 ifrs-full Interest Paid Classified As Operating Activities
InterestPaidClassifiedAsOperatingActivities
569000000 usd
CY2022 ifrs-full Dividends Paid To Noncontrolling Interests
DividendsPaidToNoncontrollingInterests
421000000 usd
CY2021 ifrs-full Dividends Paid To Noncontrolling Interests
DividendsPaidToNoncontrollingInterests
1090000000 usd
CY2020 ifrs-full Dividends Paid To Noncontrolling Interests
DividendsPaidToNoncontrollingInterests
683000000 usd
CY2022 ifrs-full Income Taxes Paid Refund Classified As Operating Activities
IncomeTaxesPaidRefundClassifiedAsOperatingActivities
6909000000 usd
CY2021 ifrs-full Income Taxes Paid Refund Classified As Operating Activities
IncomeTaxesPaidRefundClassifiedAsOperatingActivities
8494000000 usd
CY2020 ifrs-full Income Taxes Paid Refund Classified As Operating Activities
IncomeTaxesPaidRefundClassifiedAsOperatingActivities
5289000000 usd
CY2022 ifrs-full Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
16134000000 usd
CY2021 ifrs-full Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
25345000000 usd
CY2020 ifrs-full Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
15875000000 usd
CY2022 ifrs-full Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
6750000000 usd
CY2022 ifrs-full Disclosure Of Detailed Information About Intangible Assets Explanatory
DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory
<div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:50.905%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.503%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Exploration<br/>and <br/>evaluation<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks, patented and non-patented technology<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Contract-based intangible<br/>assets<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other <br/>intangible <br/>assets<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2022</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">363 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,008 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">439 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,832 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(22)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(114)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(24)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(162)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expenditure during the year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">207 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">106 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">318 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortisation for the year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(137)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(159)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment reversal</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Subsidiaries no longer consolidated</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(150)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(150)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Newly consolidated operations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">822 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">822 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals, transfers and other movements</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,368 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,875 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">390 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,645 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,030 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,908 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,732 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,881 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated amortisation and impairment</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,662)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(199)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,033)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,342)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,236)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:50.905%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.503%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Exploration</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">evaluation</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks, patented and non-patented technology<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Contract-based intangible</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">assets</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>intangible <br/>assets<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2021</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">271 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,994 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">457 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,755 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(48)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expenditure during the year</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">225 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortisation for the year</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(154)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(178)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals, transfers and other movements</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">35 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">78 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">363 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,008 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">439 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,832 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,513 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">220 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,089 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,725 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,547 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated amortisation and impairment</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,150)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(198)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,081)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,286)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,715)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">The impairment reversal and disposal relates to our sale of the Roughrider uranium development project, refer to note 4.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.11pt">The acquisition relates to our purchase of Rincon, a lithium project in Argentina, refer to note 5. </span></div><div><span><br/></span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where amortisation is calculated on a straight line basis, the following useful lives have been determined: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:13.799%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.086%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks, patented and non-patented technology</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Contract-based intangible assets</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other intangible assets</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Type of intangible</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Patented and <br/>non-patented technology</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Power contracts/water rights</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other purchase and customer contracts</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Internally generated intangible assets and computer software</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other intangible assets</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortisation profile</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> 14 to 20 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 to 20 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 to 45 years </span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 to 15 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> 2 to 5 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 to 20 years</span></div></td></tr></table></div>
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IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill
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CY2022 ifrs-full Additions Other Than Through Business Combinations Intangible Assets Other Than Goodwill
AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill
318000000 usd
CY2022 ifrs-full Amortisation Intangible Assets Other Than Goodwill
AmortisationIntangibleAssetsOtherThanGoodwill
159000000 usd
CY2022 ifrs-full Reversal Of Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill
ReversalOfImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill
150000000 usd
CY2022 ifrs-full Disposals Intangible Assets And Goodwill
DisposalsIntangibleAssetsAndGoodwill
150000000 usd
CY2022 ifrs-full Acquisitions Through Business Combinations Intangible Assets And Goodwill
AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill
822000000 usd
CY2022 ifrs-full Increase Decrease Through Transfers And Other Changes Intangible Assets And Goodwill
IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill
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CY2022Q4 ifrs-full Intangible Assets Other Than Goodwill
IntangibleAssetsOtherThanGoodwill
3645000000 usd
CY2020Q4 ifrs-full Intangible Assets Other Than Goodwill
IntangibleAssetsOtherThanGoodwill
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CY2021 ifrs-full Increase Decrease Through Net Exchange Differences Intangible Assets Other Than Goodwill
IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill
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CY2021 ifrs-full Additions Other Than Through Business Combinations Intangible Assets Other Than Goodwill
AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill
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CY2021 ifrs-full Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
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7384000000 usd
CY2020 ifrs-full Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
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CY2022 ifrs-full Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
0 usd
CY2021 ifrs-full Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
61000000 usd
CY2020 ifrs-full Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
45000000 usd
CY2022 ifrs-full Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
850000000 usd
CY2021 ifrs-full Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
0 usd
CY2020 ifrs-full Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
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CY2022 ifrs-full Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
80000000 usd
CY2021 ifrs-full Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
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CY2020 ifrs-full Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
10000000 usd
CY2022 ifrs-full Purchase Of Financial Instruments Classified As Investing Activities
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55000000 usd
CY2021 ifrs-full Purchase Of Financial Instruments Classified As Investing Activities
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45000000 usd
CY2020 ifrs-full Purchase Of Financial Instruments Classified As Investing Activities
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5000000 usd
CY2022 ifrs-full Proceeds From Sales Or Maturity Of Financial Instruments Classified As Investing Activities
ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities
892000000 usd
CY2021 ifrs-full Proceeds From Sales Or Maturity Of Financial Instruments Classified As Investing Activities
ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities
114000000 usd
CY2020 ifrs-full Proceeds From Sales Or Maturity Of Financial Instruments Classified As Investing Activities
ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities
63000000 usd
CY2022 ifrs-full Purchase Of Interests In Investments Accounted For Using Equity Method
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75000000 usd
CY2021 ifrs-full Proceeds From Sales Of Investments Accounted For Using Equity Method
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6000000 usd
CY2020 ifrs-full Purchase Of Interests In Investments Accounted For Using Equity Method
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43000000 usd
CY2022 ifrs-full Other Inflows Outflows Of Cash Classified As Investing Activities
OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities
51000000 usd
CY2021 ifrs-full Other Inflows Outflows Of Cash Classified As Investing Activities
OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities
85000000 usd
CY2020 ifrs-full Other Inflows Outflows Of Cash Classified As Investing Activities
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CY2022 ifrs-full Cash Flows From Used In Investing Activities
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CY2021 ifrs-full Cash Flows From Used In Investing Activities
CashFlowsFromUsedInInvestingActivities
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CY2020 ifrs-full Cash Flows From Used In Investing Activities
CashFlowsFromUsedInInvestingActivities
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CY2022 rio Cash Flow Before Financing Activities
CashFlowBeforeFinancingActivities
9427000000 usd
CY2021 rio Cash Flow Before Financing Activities
CashFlowBeforeFinancingActivities
18186000000 usd
CY2020 rio Cash Flow Before Financing Activities
CashFlowBeforeFinancingActivities
9319000000 usd
CY2022 ifrs-full Dividends Paid To Equity Holders Of Parent Classified As Financing Activities
DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities
11727000000 usd
CY2021 ifrs-full Dividends Paid To Equity Holders Of Parent Classified As Financing Activities
DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities
15357000000 usd
CY2020 ifrs-full Dividends Paid To Equity Holders Of Parent Classified As Financing Activities
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CY2022 ifrs-full Proceeds From Borrowings Classified As Financing Activities
ProceedsFromBorrowingsClassifiedAsFinancingActivities
321000000 usd
CY2021 ifrs-full Proceeds From Borrowings Classified As Financing Activities
ProceedsFromBorrowingsClassifiedAsFinancingActivities
1488000000 usd
CY2020 ifrs-full Proceeds From Borrowings Classified As Financing Activities
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125000000 usd
CY2022 ifrs-full Repayments Of Borrowings Classified As Financing Activities
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790000000 usd
CY2021 ifrs-full Repayments Of Borrowings Classified As Financing Activities
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1707000000 usd
CY2020 ifrs-full Repayments Of Borrowings Classified As Financing Activities
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CY2022 ifrs-full Payments Of Lease Liabilities Classified As Financing Activities
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CY2021 ifrs-full Payments Of Lease Liabilities Classified As Financing Activities
PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
358000000 usd
CY2020 ifrs-full Payments Of Lease Liabilities Classified As Financing Activities
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CY2022 ifrs-full Proceeds From Changes In Ownership Interests In Subsidiaries
ProceedsFromChangesInOwnershipInterestsInSubsidiaries
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CY2021 ifrs-full Proceeds From Changes In Ownership Interests In Subsidiaries
ProceedsFromChangesInOwnershipInterestsInSubsidiaries
66000000 usd
CY2020 ifrs-full Proceeds From Changes In Ownership Interests In Subsidiaries
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129000000 usd
CY2022 ifrs-full Payments From Changes In Ownership Interests In Subsidiaries
PaymentsFromChangesInOwnershipInterestsInSubsidiaries
2961000000 usd
CY2021 ifrs-full Payments From Changes In Ownership Interests In Subsidiaries
PaymentsFromChangesInOwnershipInterestsInSubsidiaries
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CY2020 ifrs-full Payments From Changes In Ownership Interests In Subsidiaries
PaymentsFromChangesInOwnershipInterestsInSubsidiaries
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CY2022 ifrs-full Payments To Acquire Or Redeem Entitys Shares
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CY2019Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
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8027000000 usd
CY2021 ifrs-full Payments To Acquire Or Redeem Entitys Shares
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CY2020 ifrs-full Payments To Acquire Or Redeem Entitys Shares
PaymentsToAcquireOrRedeemEntitysShares
208000000 usd
CY2022 ifrs-full Other Inflows Outflows Of Cash Classified As Financing Activities
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CY2021 ifrs-full Other Inflows Outflows Of Cash Classified As Financing Activities
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6000000 usd
CY2020 ifrs-full Other Inflows Outflows Of Cash Classified As Financing Activities
OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities
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CY2020 ifrs-full Cash Flows From Used In Financing Activities
CashFlowsFromUsedInFinancingActivities
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CY2022 ifrs-full Effect Of Exchange Rate Changes On Cash And Cash Equivalents
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CY2021 ifrs-full Effect Of Exchange Rate Changes On Cash And Cash Equivalents
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CY2020 ifrs-full Effect Of Exchange Rate Changes On Cash And Cash Equivalents
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165000000 usd
CY2022 ifrs-full Increase Decrease In Cash And Cash Equivalents
IncreaseDecreaseInCashAndCashEquivalents
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CY2021 ifrs-full Increase Decrease In Cash And Cash Equivalents
IncreaseDecreaseInCashAndCashEquivalents
2424000000 usd
CY2020 ifrs-full Increase Decrease In Cash And Cash Equivalents
IncreaseDecreaseInCashAndCashEquivalents
2354000000 usd
CY2021Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
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CY2020Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
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CY2022Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
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CY2021Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
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CY2020Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
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CY2022 ifrs-full Profit Loss
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CY2020 ifrs-full Adjustments For Finance Costs
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CY2022 ifrs-full Adjustments For Undistributed Profits Of Investments Accounted For Using Equity Method
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777000000 usd
CY2021 ifrs-full Adjustments For Undistributed Profits Of Investments Accounted For Using Equity Method
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1042000000 usd
CY2020 ifrs-full Adjustments For Undistributed Profits Of Investments Accounted For Using Equity Method
AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod
652000000 usd
CY2022 rio Adjustments For Gain Loss On Disposal Of Interests In Businesses
AdjustmentsForGainLossOnDisposalOfInterestsInBusinesses
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CY2020 ifrs-full Adjustments For Increase Decrease In Employee Benefit Liabilities
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CY2021 rio Adjustments For Gain Loss On Disposal Of Interests In Businesses
AdjustmentsForGainLossOnDisposalOfInterestsInBusinesses
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CY2020 rio Adjustments For Gain Loss On Disposal Of Interests In Businesses
AdjustmentsForGainLossOnDisposalOfInterestsInBusinesses
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CY2022 ifrs-full Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates
AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates
-202000000 usd
CY2021 ifrs-full Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates
AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates
0 usd
CY2020 ifrs-full Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates
AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates
-339000000 usd
CY2022 ifrs-full Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
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CY2021 ifrs-full Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
269000000 usd
CY2020 ifrs-full Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
904000000 usd
CY2022 ifrs-full Adjustments For Depreciation And Amortisation Expense
AdjustmentsForDepreciationAndAmortisationExpense
5010000000 usd
CY2021 ifrs-full Adjustments For Depreciation And Amortisation Expense
AdjustmentsForDepreciationAndAmortisationExpense
4697000000 usd
CY2020 ifrs-full Adjustments For Depreciation And Amortisation Expense
AdjustmentsForDepreciationAndAmortisationExpense
4279000000 usd
CY2022 ifrs-full Adjustments For Provisions
AdjustmentsForProvisions
1006000000 usd
CY2021 ifrs-full Adjustments For Provisions
AdjustmentsForProvisions
1903000000 usd
CY2020 ifrs-full Adjustments For Provisions
AdjustmentsForProvisions
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CY2022 ifrs-full Adjustments For Increase Decrease In Employee Benefit Liabilities
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CY2021 ifrs-full Adjustments For Increase Decrease In Employee Benefit Liabilities
AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities
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CY2022 rio Utilisation Of Provisions For Other Provisions Including Onerous Contracts And Legal Disputes
UtilisationOfProvisionsForOtherProvisionsIncludingOnerousContractsAndLegalDisputes
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CY2021 rio Utilisation Of Provisions For Other Provisions Including Onerous Contracts And Legal Disputes
UtilisationOfProvisionsForOtherProvisionsIncludingOnerousContractsAndLegalDisputes
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CY2020 rio Utilisation Of Provisions For Other Provisions Including Onerous Contracts And Legal Disputes
UtilisationOfProvisionsForOtherProvisionsIncludingOnerousContractsAndLegalDisputes
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CY2022 rio Utilisation Of Provisions For Close Down And Restoration
UtilisationOfProvisionsForCloseDownAndRestoration
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CY2021 rio Utilisation Of Provisions For Close Down And Restoration
UtilisationOfProvisionsForCloseDownAndRestoration
-541000000 usd
CY2020 rio Utilisation Of Provisions For Close Down And Restoration
UtilisationOfProvisionsForCloseDownAndRestoration
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CY2022 rio Utilisation Of Provisions For Post Retirement Benefits And Other Employment Costs
UtilisationOfProvisionsForPostRetirementBenefitsAndOtherEmploymentCosts
-254000000 usd
CY2021 rio Utilisation Of Provisions For Post Retirement Benefits And Other Employment Costs
UtilisationOfProvisionsForPostRetirementBenefitsAndOtherEmploymentCosts
-231000000 usd
CY2020 rio Utilisation Of Provisions For Post Retirement Benefits And Other Employment Costs
UtilisationOfProvisionsForPostRetirementBenefitsAndOtherEmploymentCosts
-269000000 usd
CY2022 ifrs-full Adjustments For Decrease Increase In Inventories
AdjustmentsForDecreaseIncreaseInInventories
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CY2021 ifrs-full Adjustments For Decrease Increase In Inventories
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CY2021 ifrs-full Adjustments For Increase Decrease In Trade Account Payable
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CY2021Q4 ifrs-full Deferred Tax Assets
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CY2021Q4 ifrs-full Noncurrent Receivables
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CY2021Q4 ifrs-full Current Tax Assets Noncurrent
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CY2021Q4 ifrs-full Other Noncurrent Financial Assets
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528000000 usd
CY2022Q4 ifrs-full Noncurrent Assets
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CY2021Q4 ifrs-full Noncurrent Assets
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CY2022Q4 ifrs-full Inventories
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CY2021Q4 ifrs-full Inventories
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CY2021Q4 ifrs-full Trade And Other Current Receivables
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CY2022Q4 ifrs-full Current Tax Assets Current
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CY2021Q4 ifrs-full Current Tax Assets Current
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CY2022Q4 ifrs-full Other Current Financial Assets
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2160000000 usd
CY2021Q4 ifrs-full Other Current Financial Assets
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2543000000 usd
CY2022Q4 ifrs-full Cash And Cash Equivalents
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6775000000 usd
CY2021Q4 ifrs-full Cash And Cash Equivalents
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CY2021Q4 ifrs-full Current Assets
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CY2022Q4 ifrs-full Assets
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CY2021Q4 ifrs-full Assets
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CY2021Q4 ifrs-full Current Lease Liabilities
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CY2021Q4 ifrs-full Other Current Financial Liabilities
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CY2022Q4 ifrs-full Trade And Other Current Payables
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CY2021Q4 ifrs-full Trade And Other Current Payables
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1407000000 usd
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CY2021Q4 ifrs-full Shortterm Provision For Decommissioning Restoration And Rehabilitation Costs
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1023000000 usd
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CY2021Q4 ifrs-full Other Shortterm Provisions
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CY2022Q4 ifrs-full Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale
CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale
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CY2021Q4 ifrs-full Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale
CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale
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1039000000 usd
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904000000 usd
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CY2022Q4 ifrs-full Current Tax Liabilities Noncurrent
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CY2021Q4 ifrs-full Current Tax Liabilities Noncurrent
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660000000 usd
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3503000000 usd
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LongtermProvisionForDecommissioningRestorationAndRehabilitationCosts
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CY2021Q4 ifrs-full Longterm Provision For Decommissioning Restoration And Rehabilitation Costs
LongtermProvisionForDecommissioningRestorationAndRehabilitationCosts
13519000000 usd
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CY2021Q4 ifrs-full Other Longterm Provisions
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CY2021Q4 ifrs-full Noncurrent Liabilities
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CY2022Q4 ifrs-full Liabilities
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CY2021Q4 ifrs-full Liabilities
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CY2021Q4 ifrs-full Net Assets Liabilities
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CY2022Q4 ifrs-full Share Premium
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CY2021Q4 ifrs-full Share Premium
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4320000000 usd
CY2022Q4 ifrs-full Other Reserves
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CY2021Q4 ifrs-full Other Reserves
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CY2022Q4 ifrs-full Retained Earnings
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CY2021Q4 ifrs-full Retained Earnings
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CY2022Q4 ifrs-full Equity Attributable To Owners Of Parent
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CY2021Q4 ifrs-full Equity Attributable To Owners Of Parent
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CY2021Q4 ifrs-full Equity
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CY2021Q4 ifrs-full Equity
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CY2022 ifrs-full Comprehensive Income
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CY2022 ifrs-full Dividends Paid
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CY2022 ifrs-full Increase Decrease Through Exercise Of Options
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CY2022 ifrs-full Increase Decrease Through Transactions With Owners
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CY2022 ifrs-full Increase Decrease Through Treasury Share Transactions
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CY2022 ifrs-full Increase Decrease Through Sharebased Payment Transactions
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CY2020Q4 ifrs-full Equity
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CY2021 ifrs-full Comprehensive Income
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CY2021 ifrs-full Dividends Paid
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CY2021 ifrs-full Increase Decrease Through Exercise Of Options
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CY2021 ifrs-full Increase Decrease Through Transactions With Owners
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CY2021 ifrs-full Increase Decrease Through Treasury Share Transactions
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CY2021 ifrs-full Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss Of Control
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66000000 usd
CY2021 ifrs-full Increase Decrease Through Sharebased Payment Transactions
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109000000 usd
CY2021Q4 ifrs-full Equity
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CY2019Q4 ifrs-full Equity
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CY2020 ifrs-full Comprehensive Income
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CY2020 ifrs-full Dividends Paid
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CY2020 ifrs-full Increase Decrease Through Exercise Of Options
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CY2020 ifrs-full Increase Decrease Through Transactions With Owners
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CY2020 ifrs-full Increase Decrease Through Treasury Share Transactions
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CY2020 ifrs-full Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss Of Control
IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl
129000000 usd
CY2020 ifrs-full Increase Decrease Through Sharebased Payment Transactions
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CY2022 ifrs-full Disclosure Of Operating Segments Explanatory
DisclosureOfOperatingSegmentsExplanatory
<div style="margin-bottom:2pt;margin-top:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span id="ie2cfaf420b8c453bb7441100cfc71fd6_4317"/><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">1     Our financial performance by segment</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our management structure is based on principal product groups (PG) together with global support functions whose leaders make up the Executive Committee. The Executive Committee members each report directly to our Chief Executive who is the chief operating decision maker (CODM) and is responsible for allocating resources and assessing performance of the operating segments. The CODM’s primary measure of profit is underlying EBITDA. Finance costs and net debt are managed on a Group-wide basis and are therefore excluded from the segmental results. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our reportable segments are as follows:</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:18.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:79.416%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Reportable segment</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Principal activities</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron Ore</span></td><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining and salt and gypsum production in Western Australia.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bauxite mining; alumina refining; aluminium smelting.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mining and refining of copper, gold, silver, molybdenum and other by-products; exploration activities together with the Simandou iron ore project, which was the responsibility of the Copper product group chief executive during 2022.</span></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Minerals</span></td><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Includes businesses with products such as borates, titanium dioxide feedstock together with the Iron Ore Company of Canada (iron ore mining and iron concentrate/pellet production). Also includes diamond mining, sorting and marketing.</span></td></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Segmental revenue<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Underlying EBITDA<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital expenditure</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron Ore</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">30,906 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,612 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,940 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,109 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,672 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,377 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,699 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,376 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,622 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Minerals</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,754 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,419 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">679 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Reportable segments total</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58,468 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">27,079 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,618 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other Operations</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">192 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Inter-segment transactions</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(256)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Share of equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,850)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 8.08pt;text-align:left;text-indent:-7.09pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Central pension costs, share-based payments, insurance and derivatives</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">377 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Restructuring, project and one-off costs </span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(173)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Central costs</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(766)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Central exploration and evaluation expenditures</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(253)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other items</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 8.08pt;text-align:left;text-indent:-7.09pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consolidated sales revenue/Purchases of property, plant and equipment and intangible assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55,554 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,750 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#3a3a3a;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Underlying EBITDA (page <a href="#ie2cfaf420b8c453bb7441100cfc71fd6_4049" style="color:#3a3a3a;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%;text-decoration:none">163</a>)</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26,272 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:2pt;margin-top:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">1     Our financial performance by segment </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-top:5pt;padding-left:21.25pt;text-indent:-21.26pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:70.103%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:8.501%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Segmental revenue<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Underlying EBITDA<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital expenditure</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron Ore</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">39,582 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">27,592 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,947 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,695 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,382 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,300 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper </span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,827 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,969 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,328 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Minerals</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,481 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,603 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">644 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Reportable segments total</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66,585 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">38,546 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,219 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other Operations</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(28)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Inter-segment transactions</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(268)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Share of equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,073)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 8.08pt;text-align:left;text-indent:-7.09pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Central pension costs, share-based payments, insurance and derivatives</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Restructuring, project and one-off costs </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(80)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Central costs</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(613)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Central exploration and evaluation expenditures</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(257)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proceeds from disposal of property, plant and equipment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">61 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consolidated sales revenue/Purchases of property, plant and equipment and intangible assets</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,495 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,384 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Underlying EBITDA (page </span><span style="color:#363636;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"><a href="#ie2cfaf420b8c453bb7441100cfc71fd6_4049" style="color:#363636;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%;text-decoration:none">163</a>)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">37,720 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:70.103%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:8.501%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2020</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Segmental revenue<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Underlying EBITDA<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital expenditure</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron Ore</span></td><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">27,508 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,837 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,941 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,314 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,152 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,009 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper </span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,969 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,084 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,659 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Minerals</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,170 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,710 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">455 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Reportable segments total</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46,961 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24,783 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,064 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other Operations</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">321 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Inter-segment transactions</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(264)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(94)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Share of equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,407)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Central pension costs, share-based payments, insurance and derivatives</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Restructuring, project and one-off costs </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(133)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Central costs</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(545)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Central exploration and evaluation expenditures</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(250)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proceeds from disposal of property, plant and equipment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consolidated sales revenue/Purchases of property, plant and equipment and intangible assets</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44,611 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,189 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Underlying EBITDA (page </span><span style="color:#363636;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"><a href="#ie2cfaf420b8c453bb7441100cfc71fd6_4049" style="color:#363636;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%;text-decoration:none">163</a>)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23,902 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Capital expenditure for reportable segments includes the net cash outflow on purchases less disposals of property, plant and equipment, capitalised evaluation costs and purchases less disposals of other intangible assets. The details provided include </span><span style="color:#353534;font-family:'RT Vickerman',sans-serif;font-size:6pt;font-weight:400;line-height:120%">100%</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> of subsidiaries’ capital expenditure and Rio Tinto’s share of the capital expenditure of joint operations. In 2022, we have excluded capitalised expenditure relating to equity accounted units and have adjusted prior year comparatives for this change in definition.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Consolidated sales revenue includes subsidiary sales of US$50 million (2021: US$44 million; 2020: US$34 million) to equity accounted units which are not included in segmental revenue. Segmental revenue includes the Group’s proportionate share of product sales by equity accounted units (after adjusting for sales to subsidiaries) of US$2,900 million (2021: US$3,117 million; 2020: US$2,441 million) which are not included in consolidated sales revenue. </span></div><div><span><br/></span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Segmental revenue </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Segmental revenue includes consolidated sales revenue plus the equivalent sales revenue of equity accounted units in proportion to our equity interest (after adjusting for sales to/from subsidiaries).</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Segmental revenue measures revenue on a basis that is comparable to our underlying EBITDA metric.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other segmental reporting</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For further information relating to Revenue by destination and product and Non-operating assets by geography refer to note 6 on page <a href="#ib63c94ee45f64489a992f487143ce7ad_1054" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">170</a> and Our operating assets section on page <a href="#iad4f3f4e93534911b1b26513c31c2599_105" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">175</a> respectively.</span></div><div style="margin-bottom:1pt;padding-left:21.25pt;text-indent:-21.26pt"><span id="ie2cfaf420b8c453bb7441100cfc71fd6_4049"/><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Underlying EBITDA</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Underlying EBITDA represents profit before taxation, net finance items, depreciation and amortisation adjusted to exclude the EBITDA impact of items, which do not reflect the underlying performance of our reportable segments.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Exclusions from underlying EBITDA</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Items excluded from profit after tax are those gains and losses that, individually or in aggregate with similar items, are of a nature and size to require exclusion in order to provide additional insight into the underlying business performance.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The following items are excluded from profit after tax in arriving at underlying EBITDA in each year irrespective of materiality: </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Depreciation and amortisation in subsidiaries and equity accounted units;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Taxation and finance items in equity accounted units;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Taxation and finance items relating to subsidiaries;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Unrealised gains/(losses) on embedded derivatives not qualifying for hedge accounting;</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Net gains/(losses) on disposal of interests in subsidiaries; </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Impairment charges net of reversals; </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">The underlying EBITDA of discontinued operations;</span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Adjustments to closure provisions where the adjustment is associated with an impairment charge and for legacy sites where the disturbance or environmental contamination relates to the pre-acquisition period.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In addition, there is a final judgmental category which includes, where applicable, other credits and charges that, individually or in aggregate if of a similar type, are of a nature or size to require exclusion in order to provide additional insight into underlying business performance. In 2022 this category included the gain recognised by Kitimat relating to LNG Canada's project and the gain recognised upon sale of the Cortez royalty. In 2021 the category included the changes in closure estimates at Energy Resources of Australia and Gove Refinery.</span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.932%"><tr><td style="width:1.0%"/><td style="width:73.284%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.438%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.438%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.440%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Profit after tax for the year</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,076 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22,575 </span></td><td style="border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,400 </span></td><td style="border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Taxation </span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,586 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,258 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,991 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Profit before taxation</span></td><td colspan="3" style="background-color:#f0f9fa;border-top:0.25pt solid #808080;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,662</span></td><td colspan="3" style="border-top:0.25pt solid #808080;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">30,833</span></td><td colspan="3" style="border-top:0.25pt solid #808080;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,391</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation and amortisation in subsidiaries excluding capitalised depreciation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,871 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,525 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,074 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation and amortisation in equity accounted units</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">470 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">497 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">576 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Finance items in subsidiaries</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,846 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,751 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Taxation and finance items in equity accounted units</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">640 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">759 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">443 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(Gains)/Losses on embedded commodity derivatives not qualifying for hedge accounting (including foreign exchange)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment charges net of reversals</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">52 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">269 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,272 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gain recognised by Kitimat relating to LNG Canada's project</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(116)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(336)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in closure estimates (non-operating and fully impaired sites)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">180 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,096 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">401 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Loss on disposal of interests in subsidiary</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">105 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gain on sale of the Cortez Royalty</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(432)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #838382;border-top:0.25pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Underlying EBITDA</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #939292;border-top:0.25pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26,272 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #939292;border-top:0.25pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #939292;border-top:0.25pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">37,720 </span></td><td style="border-bottom:1pt solid #939292;border-top:0.25pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #939292;border-top:0.25pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23,902 </span></td><td style="border-bottom:1pt solid #939292;border-top:0.25pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Depreciation and amortisation in subsidiaries for the year ended 31 December 2022 is net of capitalised depreciation of US$139 million (31 December 2021: US$172 million; 31 December 2020: US$205 million).</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Refer to note 4</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">During the first half of 2022, LNG Canada elected to terminate their option to purchase additional land and facilities for expansion of their operations at Kitimat, Canada. The resulting gain has been excluded from underlying EBITDA consistent with prior years as it is part of a series of transactions that together were material. On 3 December 2021 we gained control over a new wharf at Kitimat, Canada that was built and paid for by LNG Canada. The gain on recognition was excluded from underlying EBITDA on the grounds of individual magnitude and consistency with the associated impairment charge in 2021, refer to note 4. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">In 2022 the charge relates to re-estimates of underlying closure cash flows for legacy sites where the environmental damage preceded ownership by Rio Tinto. On 2 February 2022, Energy Resources of Australia released preliminary findings from its reforecast of the total undiscounted cost schedule for the Ranger rehabilitation project. Information available from this study resulted in the Group recording an increase to the closure provision of US$510 million at 31 December 2021. Other increases to closure estimates charged to the income statement in 2021 relate to Diavik, Gove refinery, and a number of the Group's legacy sites where the environmental damage preceded ownership by Rio Tinto. The adjustments at Energy Resources Australia and Gove refinery were recognised in the income statement as these are non-operating sites, and excluded from underlying earnings due to the magnitude of the individual updates and materiality when aggregated. In 2020 we recognised an increase in the Diavik closure provision based on preliminary Pre-Feasibility Study findings. On completion of the study in 2021 a true-up was recorded in the income statement and excluded from underlying earnings in line with the treatment of the initial increase in 2020, which was excluded from underlying EBITDA as Diavik was fully impaired during the year. Other closure costs excluded i</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">n 2020 were the increase in the Gove refinery closure provision offset by a decrease in the Argyle mine closure provision on completion of Pre-Feasibility Studies at each site. The 2020 comparative also included the underlying EBITDA impact (</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$138 million</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> loss) in respect of increases to Closure provisions in legacy and non-operating sites following a reduction to the closure discount rate to 1.5%.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span id="ie2cfaf420b8c453bb7441100cfc71fd6_4318"/><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">On 2 August 2022, we completed the sale of a gross production royalty which was retained following the disposal of the Cortez Complex in 2008. The gain recognised on sale of the royalty has been excluded from underlying EBITDA on the grounds of individual magnitude.</span></div>
CY2022 ifrs-full Revenue
Revenue
55554000000 usd
CY2022 ifrs-full Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
6750000000 usd
CY2022 rio Underlying Ebitda
UnderlyingEBITDA
26272000000 usd
CY2021 ifrs-full Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
61000000 usd
CY2021 ifrs-full Revenue
Revenue
63495000000 usd
CY2021 ifrs-full Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
7384000000 usd
CY2021 rio Underlying Ebitda
UnderlyingEBITDA
37720000000 usd
CY2020 ifrs-full Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
45000000 usd
CY2020 ifrs-full Revenue
Revenue
44611000000 usd
CY2020 ifrs-full Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
6189000000 usd
CY2020 rio Underlying Ebitda
UnderlyingEBITDA
23902000000 usd
CY2022 rio Percentage Of Capital Expenditure
PercentageOfCapitalExpenditure
1
CY2022 ifrs-full Profit Loss
ProfitLoss
13076000000 usd
CY2021 ifrs-full Profit Loss
ProfitLoss
22575000000 usd
CY2020 ifrs-full Profit Loss
ProfitLoss
10400000000 usd
CY2022 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
5586000000 usd
CY2021 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
8258000000 usd
CY2020 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
4991000000 usd
CY2022 ifrs-full Profit Loss Before Tax
ProfitLossBeforeTax
18662000000 usd
CY2021 ifrs-full Profit Loss Before Tax
ProfitLossBeforeTax
30833000000 usd
CY2020 ifrs-full Profit Loss Before Tax
ProfitLossBeforeTax
15391000000 usd
CY2022 rio Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss Excluding Capitalised Depreciation
DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossExcludingCapitalisedDepreciation
4871000000 usd
CY2021 rio Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss Excluding Capitalised Depreciation
DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossExcludingCapitalisedDepreciation
4525000000 usd
CY2020 rio Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss Excluding Capitalised Depreciation
DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossExcludingCapitalisedDepreciation
4074000000 usd
CY2022 ifrs-full Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
470000000 usd
CY2021 ifrs-full Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
497000000 usd
CY2020 ifrs-full Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
576000000 usd
CY2022 rio Finance Items
FinanceItems
1846000000 usd
CY2021 rio Finance Items
FinanceItems
26000000 usd
CY2020 rio Finance Items
FinanceItems
1751000000 usd
CY2022 rio Taxation And Finance Items In Equity Accounted Units
TaxationAndFinanceItemsInEquityAccountedUnits
640000000 usd
CY2021 rio Taxation And Finance Items In Equity Accounted Units
TaxationAndFinanceItemsInEquityAccountedUnits
759000000 usd
CY2020 rio Taxation And Finance Items In Equity Accounted Units
TaxationAndFinanceItemsInEquityAccountedUnits
443000000 usd
CY2022 rio Gains Losses On Change In Fair Value Of Commodity Derivatives
GainsLossesOnChangeInFairValueOfCommodityDerivatives
6000000 usd
CY2021 rio Gains Losses On Change In Fair Value Of Commodity Derivatives
GainsLossesOnChangeInFairValueOfCommodityDerivatives
-51000000 usd
CY2020 rio Gains Losses On Change In Fair Value Of Commodity Derivatives
GainsLossesOnChangeInFairValueOfCommodityDerivatives
6000000 usd
CY2022 rio Total Impairment Loss Before Tax
TotalImpairmentLossBeforeTax
52000000 usd
CY2021 rio Total Impairment Loss Before Tax
TotalImpairmentLossBeforeTax
269000000 usd
CY2020 rio Total Impairment Loss Before Tax
TotalImpairmentLossBeforeTax
1272000000 usd
CY2022 ifrs-full Gains Losses On Availableforsale Financial Assets
GainsLossesOnAvailableforsaleFinancialAssets
116000000 usd
CY2021 ifrs-full Gains Losses On Availableforsale Financial Assets
GainsLossesOnAvailableforsaleFinancialAssets
336000000 usd
CY2020 ifrs-full Gains Losses On Availableforsale Financial Assets
GainsLossesOnAvailableforsaleFinancialAssets
0 usd
CY2022 rio Increase Decrease In Other Exclusions
IncreaseDecreaseInOtherExclusions
-180000000 usd
CY2021 rio Increase Decrease In Other Exclusions
IncreaseDecreaseInOtherExclusions
-1096000000 usd
CY2020 rio Increase Decrease In Other Exclusions
IncreaseDecreaseInOtherExclusions
-401000000 usd
CY2022 ifrs-full Gain Loss Recognised On Measurement To Fair Value Less Costs To Sell Or On Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation
GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation
-105000000 usd
CY2021 ifrs-full Gain Loss Recognised On Measurement To Fair Value Less Costs To Sell Or On Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation
GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation
0 usd
CY2020 ifrs-full Gain Loss Recognised On Measurement To Fair Value Less Costs To Sell Or On Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation
GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation
0 usd
CY2022 rio Gain Loss On Sale Of Royalty
GainLossOnSaleOfRoyalty
432000000 usd
CY2021 rio Gain Loss On Sale Of Royalty
GainLossOnSaleOfRoyalty
0 usd
CY2020 rio Gain Loss On Sale Of Royalty
GainLossOnSaleOfRoyalty
0 usd
CY2022 rio Underlying Ebitda
UnderlyingEBITDA
26272000000 usd
CY2021 rio Underlying Ebitda
UnderlyingEBITDA
37720000000 usd
CY2020 rio Underlying Ebitda
UnderlyingEBITDA
23902000000 usd
CY2022 rio Capitalised Depreciation
CapitalisedDepreciation
139000000 usd
CY2021 rio Capitalised Depreciation
CapitalisedDepreciation
172000000 usd
CY2020 rio Capitalised Depreciation
CapitalisedDepreciation
205000000 usd
CY2021Q4 rio Increase Decrease In Provision For Rehabilitation
IncreaseDecreaseInProvisionForRehabilitation
510000000 usd
CY2020Q4 rio Closure Discount Rate
ClosureDiscountRate
0.015
CY2022 ifrs-full Disclosure Of Earnings Per Share Explanatory
DisclosureOfEarningsPerShareExplanatory
<div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">2     Earnings per ordinary share</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Basic earnings per share</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net earnings attributable to owners of Rio Tinto (US$ million)</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,420</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,094</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,769</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Weighted average number of shares (millions)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,619.8</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,618.4</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,617.4</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Basic earnings per ordinary share (cents)</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">766.8</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,303.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">604.0</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The weighted average number of shares is calculated as the average number of Rio Tinto plc shares outstanding not held as treasury shares of 1,248.9 million (2021: 1,247.4 million; 2020: 1,246.5 million) plus the average number of Rio Tinto Limited shares outstanding of 370.9 million (2021: 371.0 million; 2020: 370.9 million) over the relevant period. There were no cross holdings of shares between Rio Tinto Limited and Rio Tinto plc at 31 December 2022 (2021: nil; 2020: nil).</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Diluted earnings per share</span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For the purposes of calculating diluted earnings per share, the effect of dilutive securities of 9.8 million shares in 2022 (2021: 10.5 million; 2020: 11.2 million) is added to the weighted average number of shares described in (a) above. This effect is calculated under the treasury stock method, in accordance with IAS 33 “Earnings per Share”. Our only potential dilutive ordinary shares are share awards for which terms and conditions are described in note 27.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> </span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net earnings attributable to owners of Rio Tinto (US$ million)</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,420</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,094</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,769</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Weighted average number of shares (millions)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,629.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,628.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,628.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diluted earnings per share attributable to ordinary shareholders of Rio Tinto (cents)</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">762.1</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,295.0</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">599.8</span></td></tr></table></div>
CY2022 ifrs-full Earnings Per Share Explanatory
EarningsPerShareExplanatory
<div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Basic earnings per share</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net earnings attributable to owners of Rio Tinto (US$ million)</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,420</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,094</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,769</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Weighted average number of shares (millions)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,619.8</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,618.4</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,617.4</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Basic earnings per ordinary share (cents)</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">766.8</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,303.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">604.0</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The weighted average number of shares is calculated as the average number of Rio Tinto plc shares outstanding not held as treasury shares of 1,248.9 million (2021: 1,247.4 million; 2020: 1,246.5 million) plus the average number of Rio Tinto Limited shares outstanding of 370.9 million (2021: 371.0 million; 2020: 370.9 million) over the relevant period. There were no cross holdings of shares between Rio Tinto Limited and Rio Tinto plc at 31 December 2022 (2021: nil; 2020: nil).</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Diluted earnings per share</span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For the purposes of calculating diluted earnings per share, the effect of dilutive securities of 9.8 million shares in 2022 (2021: 10.5 million; 2020: 11.2 million) is added to the weighted average number of shares described in (a) above. This effect is calculated under the treasury stock method, in accordance with IAS 33 “Earnings per Share”. Our only potential dilutive ordinary shares are share awards for which terms and conditions are described in note 27.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> </span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net earnings attributable to owners of Rio Tinto (US$ million)</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,420</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,094</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,769</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Weighted average number of shares (millions)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,629.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,628.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,628.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diluted earnings per share attributable to ordinary shareholders of Rio Tinto (cents)</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">762.1</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,295.0</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">599.8</span></td></tr></table></div>
CY2022 ifrs-full Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity
ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
12420000000 usd
CY2021 ifrs-full Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity
ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
21094000000 usd
CY2020 ifrs-full Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity
ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
9769000000 usd
CY2022 ifrs-full Weighted Average Shares
WeightedAverageShares
1619800000 shares
CY2021 ifrs-full Weighted Average Shares
WeightedAverageShares
1618400000 shares
CY2020 ifrs-full Weighted Average Shares
WeightedAverageShares
1617400000 shares
CY2022 ifrs-full Basic Earnings Loss Per Share
BasicEarningsLossPerShare
7.668
CY2021 ifrs-full Basic Earnings Loss Per Share
BasicEarningsLossPerShare
13.034
CY2020 ifrs-full Basic Earnings Loss Per Share
BasicEarningsLossPerShare
6.040
CY2022 rio Cross Holdings Of Shares
CrossHoldingsOfShares
0 shares
CY2021 rio Cross Holdings Of Shares
CrossHoldingsOfShares
0 shares
CY2020 rio Cross Holdings Of Shares
CrossHoldingsOfShares
0 shares
CY2022 ifrs-full Dilutive Effect Of Share Options On Number Of Ordinary Shares
DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares
9800000 shares
CY2021 ifrs-full Dilutive Effect Of Share Options On Number Of Ordinary Shares
DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares
10500000 shares
CY2020 ifrs-full Dilutive Effect Of Share Options On Number Of Ordinary Shares
DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares
11200000 shares
CY2022 ifrs-full Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects
ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects
12420000000 usd
CY2021 ifrs-full Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects
ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects
21094000000 usd
CY2020 ifrs-full Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity Including Dilutive Effects
ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects
9769000000 usd
CY2022 ifrs-full Adjusted Weighted Average Shares
AdjustedWeightedAverageShares
1629600000 shares
CY2021 ifrs-full Adjusted Weighted Average Shares
AdjustedWeightedAverageShares
1628900000 shares
CY2020 ifrs-full Adjusted Weighted Average Shares
AdjustedWeightedAverageShares
1628600000 shares
CY2022 ifrs-full Diluted Earnings Loss Per Share
DilutedEarningsLossPerShare
7.621
CY2021 ifrs-full Diluted Earnings Loss Per Share
DilutedEarningsLossPerShare
12.95
CY2020 ifrs-full Diluted Earnings Loss Per Share
DilutedEarningsLossPerShare
5.998
CY2022 ifrs-full Disclosure Of Dividends Explanatory
DisclosureOfDividendsExplanatory
<div style="margin-bottom:2pt;margin-top:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">3     Dividends</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our directors have announced a final dividend of 225.0 cents per share on 22 February 2023. This is expected to result in payments of US$3.7 billion. The dividend will be paid on 20 April 2023 to Rio Tinto plc and Rio Tinto Limited shareholders on the register at the close of business on 09 March 2023. </span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Dividends <br/>per share<br/>2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Dividends <br/>per share<br/>2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Dividends <br/>per share<br/>2020</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary dividends per share: announced with the results for the year</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">225.0 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">417.0 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">309.0 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #929292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Special dividends per share: announced with the results for the year</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62.0 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">93.0 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Dividends are determined in US dollars, which is our functional currency, and declared in British pounds for Rio Tinto Plc and Australian Dollar for Rio Tinto Limited. The applicable currency exchange rate to convert the US dollar dividend into British pounds and Australian dollars is determined with reference to the WMR 4pm (UK) fixings on the day prior to the announcement of our results for the period. Ordinary shareholders of Rio Tinto Limited and Rio Tinto Plc are paid equal cash dividends on a per share basis in line with the terms of the dual listed structure. </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Total dividends per share paid in the year</span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Dividends </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">per share</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Dividends </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">per share</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Dividends </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">per share</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Previous year final - paid during the year (US cents)</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">417.0 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">309.0 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">231.0 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Previous year special - paid during the year (US cents)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">93.0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interim - paid during the year (US cents)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">267.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">376.0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">155.0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interim special - paid during the year (US cents)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">185.0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total paid during the year (US cents)</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">746.0 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">963.0 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">386.0 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Dividends </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">per share</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Dividends </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">per share</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Dividends </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">per share</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto plc previous year final (pence)</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">306.7 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">221.9 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">177.5 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto plc previous year special (pence)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto plc interim (pence)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">221.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">270.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119.7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto plc interim special (pence)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">133.3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total paid during the year</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">573.9 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td><td colspan="2" style="border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">692.8 </span></td><td style="border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td><td colspan="2" style="border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">297.2 </span></td><td style="border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">p</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Limited previous year final – fully franked at 30% (Australian cents)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">577.0 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">397.5 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">349.7 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Limited previous year special – fully franked at 30% (Australian cents)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">85.8 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">119.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Limited interim – fully franked at 30% (Australian cents)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">383.7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">509.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">216.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Limited interim special – fully franked at 30% (Australian cents)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">250.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total paid during the year</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,046.5 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,277.1 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">566.2 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">c</span></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The franking credits available to the Group as at 31 December 2022, after allowing for Australian tax payable in respect of the current and prior reporting period’s profit, are estimated to be US$7,246 million (2021: US$6,611 million; 2020 US$6,812 million). </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The proposed Rio Tinto Limited dividend will be fully franked based on a tax rate of 30%, and reduce the franking account balance by US$358 million.</span></div><div style="margin-bottom:2pt;margin-top:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Reconciliation of dividend declared to dividend paid</span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto plc previous year final dividend payable</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,024 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,809 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,783 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto plc previous year special dividend payable</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">747 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,146 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto plc interim dividend payable</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,162 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,627 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,937 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto plc interim special dividend payable</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,276 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Limited previous year final dividend payable</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,597 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,138 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">857 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Limited previous year special dividend payable</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">237 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">343 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Limited interim dividend payable</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">949 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,372 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">555 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Limited interim special dividend payable</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">674 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends payable during the year</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,716 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,385 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,132 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net movement of unclaimed dividends in the year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(28)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends paid during the year</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,727 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,357 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,132 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">We economically hedge the dividend cash flows from the announcement date to the payment date in order to reduce our foreign exchange exposure on these cash flows. The realised impact of these hedges is shown within ‘Other items’ in the Cash flows from consolidated operations and is not included in the above.</span></div>
CY2022 rio Increase Decrease To Retained Profits And Reserves That Could Be Distributed As Fully Franked Dividends
IncreaseDecreaseToRetainedProfitsAndReservesThatCouldBeDistributedAsFullyFrankedDividends
-358000000 usd
CY2022 rio Dividends Recognised As Distributions To Owners Of Parent Before Unclaimed Dividends
DividendsRecognisedAsDistributionsToOwnersOfParentBeforeUnclaimedDividends
11716000000 usd
CY2021 rio Dividends Recognised As Distributions To Owners Of Parent Before Unclaimed Dividends
DividendsRecognisedAsDistributionsToOwnersOfParentBeforeUnclaimedDividends
15385000000 usd
CY2020 rio Dividends Recognised As Distributions To Owners Of Parent Before Unclaimed Dividends
DividendsRecognisedAsDistributionsToOwnersOfParentBeforeUnclaimedDividends
6132000000 usd
CY2022 rio Unclaimed Dividends
UnclaimedDividends
-11000000 usd
CY2021 rio Unclaimed Dividends
UnclaimedDividends
28000000 usd
CY2020 rio Unclaimed Dividends
UnclaimedDividends
0 usd
CY2022 ifrs-full Dividends Recognised As Distributions To Owners Of Parent
DividendsRecognisedAsDistributionsToOwnersOfParent
11727000000 usd
CY2021 ifrs-full Dividends Recognised As Distributions To Owners Of Parent
DividendsRecognisedAsDistributionsToOwnersOfParent
15357000000 usd
CY2020 ifrs-full Dividends Recognised As Distributions To Owners Of Parent
DividendsRecognisedAsDistributionsToOwnersOfParent
6132000000 usd
CY2022 ifrs-full Disclosure Of Impairment Of Assets Explanatory
DisclosureOfImpairmentOfAssetsExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">4     Impairment charges net of reversals </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment charges and reversals are assessed at the level of cash-generating units which, in accordance with IAS 36, are identified as the smallest identifiable asset or group of assets that generate cash inflows which are largely independent of the cash inflows from other assets. Separate cash-generating units are identified where an active market exists for intermediate products, even if the majority of those products are further processed internally. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, individual business units consist of several operations with independent cash-generating streams which constitute separate cash- generating units. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill acquired through business combinations is allocated to the cash-generating unit or groups of cash-generating units that are expected to benefit from the related business combination, and tested for impairment at the lowest level within the Group at which goodwill is monitored for internal management purposes. All cash-generating units containing goodwill (note 11), indefinite-lived intangible assets and intangible assets that are not ready for use (note 12) are tested annually for impairment as at 30 September, regardless of whether there has been an impairment trigger, or more frequently if events or changes in circumstances indicate a potential impairment.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - determination of CGUs</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Judgment is applied to identify the Group’s CGUs, particularly when assets belong to integrated operations, and changes in CGUs could impact impairment charges and reversals. The most significant judgment continues to relate to the continued grouping of Rio Tinto Iron and Titanium Quebec Operations, Canada and QIT Madagascar Minerals (QMM), Madagascar as a single CGU on the basis that they are vertically integrated operations and there is no active market for ilmenite. During the year we have separated the Gladstone Power Station from the Boyne Smelter cash-generating unit; refer to page <a href="#i70cb159680054ffea592e1c134204ffd_1214" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">168</a> for more information.</span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The carrying values for undeveloped properties are reviewed at each reporting date in accordance with IFRS 6. The indicators of impairment differ from the tests in accordance with IAS 36 “Impairment of Assets” in recognition of the subjectivity of estimating future cash flows for mineral interests under evaluation. Potential indicators of impairment include: expiry of the right to explore, substantive expenditure is no longer planned, commercially viable quantities of mineral resources have not been discovered and exploration activities will be discontinued, or sufficient data exists to indicate a future development would be unlikely to recover the carrying amount in full. When such impairment indicators have been identified, the recoverable amount and impairment charge are measured under IAS 36. Impairment reversals for undeveloped properties are not subject to special conditions within IFRS 6 and are therefore subject to the same monitoring for indicators of impairment reversal as other cash-generating units. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment, including right of use assets and intangible assets with finite lives are reviewed for impairment if there is an indication that the carrying amount may not be recoverable. This review starts with an appraisal of the perimeter of cash-generating units to consider changes in the business or strategic direction. Following this, an assessment of internal and external indicators is performed. Internal sources of information considered includes assessment of the financial performance of the CGU and changes in mine plans. External sources of information, include changes in forecast commodity prices, costs and other market factors.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-current assets (excluding goodwill) that have suffered impairment are reviewed using the same basis for valuation as explained above whenever events or changes in circumstances indicate that the impairment loss may no longer exist, or may have decreased. If appropriate, an impairment reversal will be recognised. The carrying amount of the cash-generating unit after reversal must be the lower of (a) the recoverable amount, as calculated above, and (b) the carrying amount that would have been determined (net of amortisation or depreciation) had no impairment loss been recognised for the cash-generating unit in prior periods. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">If events or changes in circumstances indicate a potential impairment or impairment reversal, assessments are performed more frequently than just annually.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In 2022, we identified indicators of impairment at the Boyne Smelter in the aluminium segment and indicators of impairment reversal at the Roughrider uranium undeveloped project.</span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">4     Impairment charges net of reversals</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe5f7;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Indicators of impairment and impairment reversals at Oyu Tolgoi and Kitimat</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Oyu Tolgoi and Kitimat cash-generating units have both been impaired in previous years and are therefore monitored closely for indicators of further impairment or impairment reversal as such adjustments would likely be material to our results. At the time of their impairment, the carrying value and fair value for these cash-generating units were equal, making the cash-generating units sensitive to changes in economic assumptions, albeit headroom may have subsequently arisen due to inflation and the passage of time. </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Oyu Tolgoi</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We assessed the Oyu Tolgoi cash-generating unit for internal sources of information that could indicate impairment by reference to the operational performance of the mine and development progress for the underground operation. For external sources of information that could indicate impairment, we considered current and projected commodity prices and noted the transaction with Turquoise Hill minority shareholders. Whilst the value imputed by extrapolating that transaction price is less than the carrying value of the cash-generating unit, we noted this reflected funding and liquidity risks associated with minority shareholdings rather than information relevant to the underlying assets. Accordingly we concluded that there were no indicators of impairment or impairment reversal. </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Kitimat</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Kitimat smelter was impaired in 2013 and 2014 during the construction phase as cost overruns were not expected to be recovered through economic performance. The plant was further impaired in 2021 (refer to the section below) as operational performance was adversely impacted by a workforce strike in June 2021 that has reduced the capacity over a prolonged period. The ramp-up of operations continuing into 2022 following the strike was anticipated in the determination of the 2021 recoverable amount.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In 2022 the operational performance of the plant was considered as part of the assessment of internal sources of information for evidence of impairment. As highlighted in the climate change section, the economic performance of assets in the aluminium segment has the potential to perform more strongly as the world transitions to a lower carbon future; however, our assessment of external sources of information did not indicate that this had yet been priced into asset valuations. We concluded that there were no indicators of impairment or impairment reversal.</span></div></td><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where indication of impairment or impairment reversal exists then an impairment review is undertaken; the recoverable amount is assessed by reference to the higher of value in use (being the net present value of expected future cash flows of the relevant cash-generating unit in its current condition) and fair value less costs of disposal (FVLCD). When the recoverable amount of the cash-generating unit is measured by reference to FVLCD, this amount is further classified in accordance with the fair value hierarchy for observable market data that is consistent with the unit of account for the cash-generating unit being tested. The Group considers that the best evidence of FVLCD is the value obtained from an active market or binding sale agreement and, in this case, the recoverable amount is classified in the fair value hierarchy as level 1. When FVLCD is based on quoted prices for equity instruments but adjusted to reflect factors such as a lack of liquidity in the market, the recoverable amount is classified as level 2 in the fair value hierarchy. No cash-generating units are currently assessed for impairment by reference to a recoverable amount based on FVLCD classified as level 1 or level 2. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where unobservable inputs are material to the measurement of the recoverable amount, FVLCD is based on the best information available to reflect the amount the Group could receive for the cash-generating unit in an orderly transaction between market participants at the measurement date. This is often estimated using discounted cash flow techniques and is classified as level 3 in the fair value hierarchy. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where the recoverable amount is assessed using FVLCD based on discounted cash flow techniques, the resulting estimates are based on detailed life-of-mine and long-term production plans. These may include anticipated expansions which are at the evaluation stage of study. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The cash flow forecasts for FVLCD purposes are based on management’s best estimates of expected future revenues and costs, including the future cash costs of production, capital expenditure, and closure, restoration and environmental costs. For the purposes of determining FVLCD from a market participant’s perspective, the cash flows incorporate management’s price and cost assumptions in the short and medium term. In the longer term, operating margins are assumed to remain constant where appropriate, as it is considered unlikely that a market participant would prepare detailed forecasts over a longer term. The cash flow forecasts may include net cash flows expected to be realised from the extraction, processing and sale of </span></div></div><div style="display:inline-block;max-width:2.705%;min-width:1.705%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.648%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">material that does not currently qualify for inclusion in ore reserves. Such non-reserve material is only included when there is a high degree of confidence in its economic extraction. This expectation is usually based on preliminary drilling and sampling of areas of mineralisation that are contiguous with existing ore reserves. Typically, the additional evaluation required to achieve reserves status for such material has not yet been done because this would involve incurring evaluation costs earlier than is required for the efficient planning and operation of the mine. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">As noted above, cost levels incorporated in the cash flow forecasts for FVLCD purposes are based on the current life-of-mine plan or long-term production plan for the cash-generating unit. This differs from value in use which requires future cash flows to be estimated for the asset in its current condition and therefore does not include future cash flows associated with improving or enhancing an asset’s performance. Anticipated enhancements to assets may be included in FVLCD calculations and, therefore, generally result in a higher value. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where the recoverable amount of a cash-generating unit is dependent on the life of its associated orebody, expected future cash flows reflect the current life of mine and long-term production plans, which are based on detailed research, analysis and iterative modelling to optimise the level of return from investment, output and sequence of extraction. The mine plan takes account of all relevant characteristics of the orebody, including waste-to-ore ratios, ore grades, haul distances, chemical and metallurgical properties of the ore impacting process recoveries and capacities of processing equipment that can be used. The life-of-mine plan and long-term production plans are, therefore, the basis for forecasting production output and production costs in each future year.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Forecast cash flows for ore reserve estimation for JORC purposes are generally based on Rio Tinto’s commodity price forecasts, which assume short-term market prices will revert to the Group’s assessment of the long-term price, generally over a period of three to five years. For most commodities, these forecast commodity prices are derived from a combination of analyses of the marginal costs of the producers and the incentive price of these commodities. These assessments often differ from current price levels and are updated periodically. The Group does not believe that published medium- and long-term forward prices necessarily provide a good indication of future levels because they tend to be strongly influenced by spot prices. The price forecasts used for </span></div></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ore reserve estimation are generally consistent with those used for impairment testing unless management deems that in certain economic environments a market participant would not assume Rio Tinto’s view on prices, in which case in preparing FVLCD impairment calculations management estimates the assumptions that a market participant would be expected to use. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Forecast future cash flows of a cash-generating unit take into account the sales prices under existing sales contracts. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The discount rates applied to the future cash flow forecasts represent an estimate of the rate the market participant would apply having regard to the time value of money and the risks specific to the asset for which the future cash flow estimates have not been adjusted. The Group’s weighted average cost of capital is generally used as a starting point for determining the discount rates, with appropriate adjustments for the risk profile of the countries in which the individual cash-generating units operate. For final feasibility studies and ore reserve estimation, internal hurdle rates, which are generally higher than the Group’s weighted average cost of capital, are used. For developments funded with project finance, the debt component of the weighted average cost of capital may be calculated by reference to the specific interest rate of the project finance and anticipated leverage of the project. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For operations with a functional currency other than the US dollar, the impairment review is undertaken in the relevant functional currency. In estimating FVLCD, internal forecasts of exchange rates take into account spot exchange rates, historical data and external forecasts, and are kept constant in real terms after five years. The great majority of </span></div></div><div style="display:inline-block;max-width:2.705%;min-width:1.705%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.648%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">the Group’s sales are based on prices denominated in US dollars. To the extent that the currencies of countries in which the Group produces commodities strengthen against the US dollar without an increase in commodity prices, cash flows and, therefore, net present values are reduced. Management considers that, over the long term, there is a tendency for movements in commodity prices to compensate to some extent for movements in the value of the US dollar, particularly against the Australian dollar and Canadian dollar, and vice versa. However, such compensating changes are not synchronised and do not fully offset each other. In estimating value in use, the present value of future cash flows in foreign currencies is translated at the spot exchange rate on the testing date. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Generally, discounted cash flow models are used to determine the recoverable amount of CGUs. In this case, significant judgment is required to determine the appropriate estimates and assumptions used and there is significant estimation uncertainty. In particular, for fair value less costs of disposal valuations, judgment is required to determine the estimates a market participant would use. The discounted cash flow models are most sensitive to the following estimates: the timing of project expansions; the cost to complete assets under construction; long-term commodity prices; production timing and recovery rates; exchange rates; operating costs; reserve and resource estimates; closure costs; discount rates; allocation of long-term contract revenues between CGUs; and, in some instances, the renewal of mining licences. Some of these variables are unique to an individual CGU. Future changes in these variables may differ from management’s expectations and may materially alter the recoverable amounts of the CGUs. </span></div></div></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:40.877%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:4.487%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pre-tax</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amount</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Taxation</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-controlling</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">interest</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Net</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amount</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pre-tax</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amount</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pre-tax</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amount</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other operations - Roughrider</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium – Pacific Aluminium</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(489)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium – Kitimat</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium – Sohar</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(220)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium – ISAL</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(93)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Minerals – Diavik</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(441)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total impairment charges net of reversals</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,243)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Allocated as:</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Intangible assets</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Property, plant and equipment</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(900)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investment in equity accounted units (“EAUs”)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(339)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total impairment charges net of reversals</span></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,243)</span></td><td style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment reversal/(charges net of reversal) of consolidated balances</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(904)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment charges related to EAUs (pre-tax)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(368)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total impairment charges net of reversals</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,272)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Taxation (including related to EAUs)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">157 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#3a3a3a;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total impairment charges net of reversals in the income statement</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#3a3a3a;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#3a3a3a;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(197)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#3a3a3a;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,115)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2022</span></div><div style="margin-bottom:2pt;margin-top:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other operations - Roughrider, Canada </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On 17 October 2022, we completed the sale of the Roughrider uranium undeveloped project located in the Athabasca Basin in Saskatchewan, Canada for US$150 million (US$80 million in cash and US$70 million in shares of Uranium Energy Corp.). The project was fully impaired during the year ended 31 December 2017 due to significant uncertainty over whether commercially viable quantities of mineral resources could be identified at a future date. The sale therefore led to an impairment reversal in the current year. It also led to a loss on disposal being recognised of US$105 million arising from the recycling of the currency translation reserve to the income statement. </span></div><div style="margin-bottom:4pt;margin-top:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">4     Impairment charges net of reversals</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span id="i70cb159680054ffea592e1c134204ffd_1214"/><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Aluminium - Pacific Aluminium, Australia and New Zealand</span></div><div style="margin-bottom:8pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The operating and economic performance of the Boyne Smelter in Queensland, Australia was below our expectations in 2022. The plant operated with reduced capacity and the economic performance suffered due to the high cost of energy from the coal-fired Gladstone Power Station. These conditions have been identified as an impairment trigger. We have calculated a recoverable amount for the cash-generating unit based on post-tax cash flows, expressed in real terms and discounted using a post-tax rate of 6.6% over the period to 2029. This date was chosen as it coincides with both the remaining term of the Boyne Smelter joint venture agreements and the Group’s Paris-aligned commitment to reduce carbon emissions by 50% by 2030 relative to the 2018 baseline. Despite the recent implementation of temporary energy price caps by the Australian Government, this resulted in an impairment charge of US$202 million, representing a full impairment of the carrying value of the Boyne Smelter investment in equity accounted unit.</span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><span id="i375b2c29490a4b2c8e95828316be8730_1-1-1-2-1564050"/><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Boyne Smelter</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We are committed to the repowering of our aluminium smelter in Queensland with firmed renewable energy by 2030. For this reason, along with the coal price cap noted above, we have separated the Gladstone Power Station from the Boyne Smelter cash-generating unit. As a sensitivity we have considered the impact of a potential repowering of the smelter using commodity and energy price assumptions from our Aspirational Leadership scenario, with all other assumptions being unchanged. This would result in improved cash flows, including an extension of operations at the Boyne Smelter beyond current joint venture agreements through to 2040. The potential value uplift under this sensitivity is not part of our base valuation as it is dependent upon commercial agreements that are not currently in place, but could support the reversal of past impairments. Both the recorded outcome and the sensitivity, as described in “Impact of climate change on the Group” section on pages <a href="#i5d535d7f916a48999fec5a100d10a151_6826" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">152</a> to <a href="#ie4e739e497b547f0a5af856d01e13b07_2-2-1-1-1496921" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">155</a>, are considered to be Paris-aligned.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:4pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2021</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Aluminium – Kitimat, Canada</span></div><div style="margin-bottom:4pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On 3 December 2021, we announced completion of the newly-constructed wharf at Kitimat. Construction spend was incurred by LNG Canada and therefore a gain of US$336 million representing the estimated fair value of the cost of construction was recorded and the carrying value of the Kitimat cash-generating unit (CGU) increased accordingly. Output from the smelter was reduced to 25% as a result of a workforce strike in mid-2021 and ramp-up to full capacity was expected to extend through into 2022. As a previously impaired CGU, and therefore carrying limited headroom, these factors were identified as conditions that could indicate that the uplifted carrying value may not be supportable and therefore the CGU was tested for impairment.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Using the fair value less cost of disposal methodology and discounting real-terms post-tax cash flows at 6.6%, we recognised a post-tax impairment charge of US$197 million (pre-tax US$269 million) representing the difference between the recoverable amount (US$3,126 million) and the carrying value (US$3,323 million).</span></div><div style="margin-bottom:4pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2020</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Aluminium – Pacific Aluminium, Australia and New Zealand</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On 9 July 2020, we announced the conclusion of the NZAS strategic review and gave Meridian Energy 14 months' notice for the termination of the power contract. As a result of the decision to wind down operations, an impairment trigger was identified. The net present value of post-tax cash flows over the remaining life for this CGU was negative and therefore the non-current assets of the smelter were fully impaired.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">High operating costs and challenging outlook for the aluminium industry also resulted in impairment triggers being identified at the Bell Bay aluminium smelter in Tasmania, Australia and at Boyne Smelter in Queensland, Australia at 30 June 2020. The forecast net present value of cash flows over the period to anticipated expiry in 2025 of a power contract with Hydro Tasmania was negative taking into account market conditions at the time. The property, plant and equipment of the Bell Bay smelter was therefore fully impaired. We determined the recoverable amount for our share of the Boyne Smelter CGU, which also included the Gladstone Power Station, as US$273 million based on post-tax cash flows expressed in real terms and discounted at 6.6%. Accordingly, our share of impairment after tax in the equity accounted unit was US$119 million (US$148 million pre-tax) related to the smelter and US$26 million (US$36 million pre-tax) related to the power station.</span></div></div><div style="display:inline-block;max-width:2.705%;min-width:1.705%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.648%"><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Aluminium – Sohar, Oman</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In 2020, the challenging outlook for the Middle Eastern aluminium industry was identified as an impairment trigger at the Sohar aluminium smelter in Oman, an equity accounted unit of the Group.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At 30 September 2020, we determined the recoverable amount for our share of the Sohar CGU to be US$258 million based on post-tax cash flows expressed in real terms and discounted at 7.6%. Accordingly, our share of impairment after tax in the equity accounted unit was US$220 million.</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Aluminium – ISAL smelter, Iceland</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our announcement in February 2020 of a strategic review of the ISAL smelter in Iceland, combined with challenging market conditions, was identified as an impairment trigger at 30 June 2020. Subsequent restoration of smelter competitiveness resulting from improved power delivery terms represented an indicator of partial impairment reversal at 31 December 2020. We calculated a post-tax recoverable amount for the CGU of US$139 million at </span><span style="color:#353534;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">31 December 2020</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> based on FVLCD, discounted using a post-tax rate of 6.6%. As a consequence, with full impairment of the CGU and a pre-tax impairment charge of US$204 million in the first half of 2020, followed by reversal of US$111 million to previously recorded pre-tax impairment in the second half of 2020, the full-year results for the year ended 31 December 2020 included a net pre-tax impairment charge of US$93 million.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Minerals – Diavik, Canada</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The COVID-19 pandemic significantly disrupted global demand for diamonds, and in April 2020 our then joint venture partner in the Diavik Diamond Mine filed for creditor protection and defaulted on cash calls. These circumstances were identified as an impairment trigger. The net present value of post-tax cash flows projected over the remaining life of the Diavik ‘Diamond Mine’ to 2025 did not support retaining any carrying value. This resulted in the Group's </span><span style="color:#353534;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">60%</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> interest in plant and equipment and intangible assets of the CGU being fully impaired at 30 June 2020.</span></div><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:5pt"><span><br/></span></div></div></div>
CY2022 ifrs-full Description Of Accounting Policy For Impairment Of Assets Explanatory
DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Impairment charges and reversals are assessed at the level of cash-generating units which, in accordance with IAS 36, are identified as the smallest identifiable asset or group of assets that generate cash inflows which are largely independent of the cash inflows from other assets. Separate cash-generating units are identified where an active market exists for intermediate products, even if the majority of those products are further processed internally. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, individual business units consist of several operations with independent cash-generating streams which constitute separate cash- generating units. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill acquired through business combinations is allocated to the cash-generating unit or groups of cash-generating units that are expected to benefit from the related business combination, and tested for impairment at the lowest level within the Group at which goodwill is monitored for internal management purposes. All cash-generating units containing goodwill (note 11), indefinite-lived intangible assets and intangible assets that are not ready for use (note 12) are tested annually for impairment as at 30 September, regardless of whether there has been an impairment trigger, or more frequently if events or changes in circumstances indicate a potential impairment.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - determination of CGUs</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Judgment is applied to identify the Group’s CGUs, particularly when assets belong to integrated operations, and changes in CGUs could impact impairment charges and reversals. The most significant judgment continues to relate to the continued grouping of Rio Tinto Iron and Titanium Quebec Operations, Canada and QIT Madagascar Minerals (QMM), Madagascar as a single CGU on the basis that they are vertically integrated operations and there is no active market for ilmenite. During the year we have separated the Gladstone Power Station from the Boyne Smelter cash-generating unit; refer to page <a href="#i70cb159680054ffea592e1c134204ffd_1214" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">168</a> for more information.</span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The carrying values for undeveloped properties are reviewed at each reporting date in accordance with IFRS 6. The indicators of impairment differ from the tests in accordance with IAS 36 “Impairment of Assets” in recognition of the subjectivity of estimating future cash flows for mineral interests under evaluation. Potential indicators of impairment include: expiry of the right to explore, substantive expenditure is no longer planned, commercially viable quantities of mineral resources have not been discovered and exploration activities will be discontinued, or sufficient data exists to indicate a future development would be unlikely to recover the carrying amount in full. When such impairment indicators have been identified, the recoverable amount and impairment charge are measured under IAS 36. Impairment reversals for undeveloped properties are not subject to special conditions within IFRS 6 and are therefore subject to the same monitoring for indicators of impairment reversal as other cash-generating units. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment, including right of use assets and intangible assets with finite lives are reviewed for impairment if there is an indication that the carrying amount may not be recoverable. This review starts with an appraisal of the perimeter of cash-generating units to consider changes in the business or strategic direction. Following this, an assessment of internal and external indicators is performed. Internal sources of information considered includes assessment of the financial performance of the CGU and changes in mine plans. External sources of information, include changes in forecast commodity prices, costs and other market factors.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Non-current assets (excluding goodwill) that have suffered impairment are reviewed using the same basis for valuation as explained above whenever events or changes in circumstances indicate that the impairment loss may no longer exist, or may have decreased. If appropriate, an impairment reversal will be recognised. The carrying amount of the cash-generating unit after reversal must be the lower of (a) the recoverable amount, as calculated above, and (b) the carrying amount that would have been determined (net of amortisation or depreciation) had no impairment loss been recognised for the cash-generating unit in prior periods. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">If events or changes in circumstances indicate a potential impairment or impairment reversal, assessments are performed more frequently than just annually.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In 2022, we identified indicators of impairment at the Boyne Smelter in the aluminium segment and indicators of impairment reversal at the Roughrider uranium undeveloped project.</span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">4     Impairment charges net of reversals</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe5f7;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Indicators of impairment and impairment reversals at Oyu Tolgoi and Kitimat</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Oyu Tolgoi and Kitimat cash-generating units have both been impaired in previous years and are therefore monitored closely for indicators of further impairment or impairment reversal as such adjustments would likely be material to our results. At the time of their impairment, the carrying value and fair value for these cash-generating units were equal, making the cash-generating units sensitive to changes in economic assumptions, albeit headroom may have subsequently arisen due to inflation and the passage of time. </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Oyu Tolgoi</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We assessed the Oyu Tolgoi cash-generating unit for internal sources of information that could indicate impairment by reference to the operational performance of the mine and development progress for the underground operation. For external sources of information that could indicate impairment, we considered current and projected commodity prices and noted the transaction with Turquoise Hill minority shareholders. Whilst the value imputed by extrapolating that transaction price is less than the carrying value of the cash-generating unit, we noted this reflected funding and liquidity risks associated with minority shareholdings rather than information relevant to the underlying assets. Accordingly we concluded that there were no indicators of impairment or impairment reversal. </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Kitimat</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Kitimat smelter was impaired in 2013 and 2014 during the construction phase as cost overruns were not expected to be recovered through economic performance. The plant was further impaired in 2021 (refer to the section below) as operational performance was adversely impacted by a workforce strike in June 2021 that has reduced the capacity over a prolonged period. The ramp-up of operations continuing into 2022 following the strike was anticipated in the determination of the 2021 recoverable amount.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In 2022 the operational performance of the plant was considered as part of the assessment of internal sources of information for evidence of impairment. As highlighted in the climate change section, the economic performance of assets in the aluminium segment has the potential to perform more strongly as the world transitions to a lower carbon future; however, our assessment of external sources of information did not indicate that this had yet been priced into asset valuations. We concluded that there were no indicators of impairment or impairment reversal.</span></div></td><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe5f7;padding:0 1pt"/></tr></table></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where indication of impairment or impairment reversal exists then an impairment review is undertaken; the recoverable amount is assessed by reference to the higher of value in use (being the net present value of expected future cash flows of the relevant cash-generating unit in its current condition) and fair value less costs of disposal (FVLCD). When the recoverable amount of the cash-generating unit is measured by reference to FVLCD, this amount is further classified in accordance with the fair value hierarchy for observable market data that is consistent with the unit of account for the cash-generating unit being tested. The Group considers that the best evidence of FVLCD is the value obtained from an active market or binding sale agreement and, in this case, the recoverable amount is classified in the fair value hierarchy as level 1. When FVLCD is based on quoted prices for equity instruments but adjusted to reflect factors such as a lack of liquidity in the market, the recoverable amount is classified as level 2 in the fair value hierarchy. No cash-generating units are currently assessed for impairment by reference to a recoverable amount based on FVLCD classified as level 1 or level 2. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where unobservable inputs are material to the measurement of the recoverable amount, FVLCD is based on the best information available to reflect the amount the Group could receive for the cash-generating unit in an orderly transaction between market participants at the measurement date. This is often estimated using discounted cash flow techniques and is classified as level 3 in the fair value hierarchy. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where the recoverable amount is assessed using FVLCD based on discounted cash flow techniques, the resulting estimates are based on detailed life-of-mine and long-term production plans. These may include anticipated expansions which are at the evaluation stage of study. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The cash flow forecasts for FVLCD purposes are based on management’s best estimates of expected future revenues and costs, including the future cash costs of production, capital expenditure, and closure, restoration and environmental costs. For the purposes of determining FVLCD from a market participant’s perspective, the cash flows incorporate management’s price and cost assumptions in the short and medium term. In the longer term, operating margins are assumed to remain constant where appropriate, as it is considered unlikely that a market participant would prepare detailed forecasts over a longer term. The cash flow forecasts may include net cash flows expected to be realised from the extraction, processing and sale of </span></div></div><div style="display:inline-block;max-width:2.705%;min-width:1.705%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.648%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">material that does not currently qualify for inclusion in ore reserves. Such non-reserve material is only included when there is a high degree of confidence in its economic extraction. This expectation is usually based on preliminary drilling and sampling of areas of mineralisation that are contiguous with existing ore reserves. Typically, the additional evaluation required to achieve reserves status for such material has not yet been done because this would involve incurring evaluation costs earlier than is required for the efficient planning and operation of the mine. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">As noted above, cost levels incorporated in the cash flow forecasts for FVLCD purposes are based on the current life-of-mine plan or long-term production plan for the cash-generating unit. This differs from value in use which requires future cash flows to be estimated for the asset in its current condition and therefore does not include future cash flows associated with improving or enhancing an asset’s performance. Anticipated enhancements to assets may be included in FVLCD calculations and, therefore, generally result in a higher value. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where the recoverable amount of a cash-generating unit is dependent on the life of its associated orebody, expected future cash flows reflect the current life of mine and long-term production plans, which are based on detailed research, analysis and iterative modelling to optimise the level of return from investment, output and sequence of extraction. The mine plan takes account of all relevant characteristics of the orebody, including waste-to-ore ratios, ore grades, haul distances, chemical and metallurgical properties of the ore impacting process recoveries and capacities of processing equipment that can be used. The life-of-mine plan and long-term production plans are, therefore, the basis for forecasting production output and production costs in each future year.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Forecast cash flows for ore reserve estimation for JORC purposes are generally based on Rio Tinto’s commodity price forecasts, which assume short-term market prices will revert to the Group’s assessment of the long-term price, generally over a period of three to five years. For most commodities, these forecast commodity prices are derived from a combination of analyses of the marginal costs of the producers and the incentive price of these commodities. These assessments often differ from current price levels and are updated periodically. The Group does not believe that published medium- and long-term forward prices necessarily provide a good indication of future levels because they tend to be strongly influenced by spot prices. The price forecasts used for </span></div></div></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ore reserve estimation are generally consistent with those used for impairment testing unless management deems that in certain economic environments a market participant would not assume Rio Tinto’s view on prices, in which case in preparing FVLCD impairment calculations management estimates the assumptions that a market participant would be expected to use. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Forecast future cash flows of a cash-generating unit take into account the sales prices under existing sales contracts. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The discount rates applied to the future cash flow forecasts represent an estimate of the rate the market participant would apply having regard to the time value of money and the risks specific to the asset for which the future cash flow estimates have not been adjusted. The Group’s weighted average cost of capital is generally used as a starting point for determining the discount rates, with appropriate adjustments for the risk profile of the countries in which the individual cash-generating units operate. For final feasibility studies and ore reserve estimation, internal hurdle rates, which are generally higher than the Group’s weighted average cost of capital, are used. For developments funded with project finance, the debt component of the weighted average cost of capital may be calculated by reference to the specific interest rate of the project finance and anticipated leverage of the project. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For operations with a functional currency other than the US dollar, the impairment review is undertaken in the relevant functional currency. In estimating FVLCD, internal forecasts of exchange rates take into account spot exchange rates, historical data and external forecasts, and are kept constant in real terms after five years. The great majority of </span></div>the Group’s sales are based on prices denominated in US dollars. To the extent that the currencies of countries in which the Group produces commodities strengthen against the US dollar without an increase in commodity prices, cash flows and, therefore, net present values are reduced. Management considers that, over the long term, there is a tendency for movements in commodity prices to compensate to some extent for movements in the value of the US dollar, particularly against the Australian dollar and Canadian dollar, and vice versa. However, such compensating changes are not synchronised and do not fully offset each other. In estimating value in use, the present value of future cash flows in foreign currencies is translated at the spot exchange rate on the testing date. Generally, discounted cash flow models are used to determine the recoverable amount of CGUs. In this case, significant judgment is required to determine the appropriate estimates and assumptions used and there is significant estimation uncertainty. In particular, for fair value less costs of disposal valuations, judgment is required to determine the estimates a market participant would use. The discounted cash flow models are most sensitive to the following estimates: the timing of project expansions; the cost to complete assets under construction; long-term commodity prices; production timing and recovery rates; exchange rates; operating costs; reserve and resource estimates; closure costs; discount rates; allocation of long-term contract revenues between CGUs; and, in some instances, the renewal of mining licences. Some of these variables are unique to an individual CGU. Future changes in these variables may differ from management’s expectations and may materially alter the recoverable amounts of the CGUs.
CY2022 ifrs-full Explanation Of Impairment Loss Recognised Or Reversed By Class Of Assets And By Reportable Segment
ExplanationOfImpairmentLossRecognisedOrReversedByClassOfAssetsAndByReportableSegment
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:40.877%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:4.487%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pre-tax</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amount</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Taxation</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-controlling</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">interest</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Net</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amount</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pre-tax</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amount</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pre-tax</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amount</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other operations - Roughrider</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium – Pacific Aluminium</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(489)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium – Kitimat</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium – Sohar</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(220)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium – ISAL</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(93)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Minerals – Diavik</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(441)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total impairment charges net of reversals</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,243)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Allocated as:</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Intangible assets</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Property, plant and equipment</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(900)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investment in equity accounted units (“EAUs”)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(339)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total impairment charges net of reversals</span></td><td colspan="3" style="border-top:0.5pt solid #b6b6b6;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #b6b6b6;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,243)</span></td><td style="border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment reversal/(charges net of reversal) of consolidated balances</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(904)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment charges related to EAUs (pre-tax)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(368)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total impairment charges net of reversals</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,272)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Taxation (including related to EAUs)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">157 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#3a3a3a;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total impairment charges net of reversals in the income statement</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#3a3a3a;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#3a3a3a;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(197)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#3a3a3a;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,115)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>
CY2022 rio Impairment Loss Recognised In Profit Or Loss Before Tax
ImpairmentLossRecognisedInProfitOrLossBeforeTax
52000000 usd
CY2022 rio Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss Taxation
ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTaxation
0 usd
CY2022 rio Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss Attributable To Noncontrolling Interests
ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossAttributableToNoncontrollingInterests
0 usd
CY2022 rio Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss Net Of Tax
ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossNetOfTax
52000000 usd
CY2021 rio Impairment Loss Recognised In Profit Or Loss Before Tax
ImpairmentLossRecognisedInProfitOrLossBeforeTax
269000000 usd
CY2020 rio Impairment Loss Recognised In Profit Or Loss Before Tax
ImpairmentLossRecognisedInProfitOrLossBeforeTax
1243000000 usd
CY2022 rio Impairment Loss Recognised In Profit Or Loss Before Tax
ImpairmentLossRecognisedInProfitOrLossBeforeTax
52000000 usd
CY2021 rio Impairment Loss Recognised In Profit Or Loss Before Tax
ImpairmentLossRecognisedInProfitOrLossBeforeTax
269000000 usd
CY2020 rio Impairment Loss Recognised In Profit Or Loss Before Tax
ImpairmentLossRecognisedInProfitOrLossBeforeTax
1243000000 usd
CY2022 ifrs-full Impairment Loss Recognised In Profit Or Loss
ImpairmentLossRecognisedInProfitOrLoss
-150000000 usd
CY2021 ifrs-full Impairment Loss Recognised In Profit Or Loss
ImpairmentLossRecognisedInProfitOrLoss
269000000 usd
CY2020 ifrs-full Impairment Loss Recognised In Profit Or Loss
ImpairmentLossRecognisedInProfitOrLoss
904000000 usd
CY2022 rio Impairment Loss Of Equity Accounted Unit Recognised In Profit Or Loss Before Tax
ImpairmentLossOfEquityAccountedUnitRecognisedInProfitOrLossBeforeTax
202000000 usd
CY2021 rio Impairment Loss Of Equity Accounted Unit Recognised In Profit Or Loss Before Tax
ImpairmentLossOfEquityAccountedUnitRecognisedInProfitOrLossBeforeTax
0 usd
CY2020 rio Impairment Loss Of Equity Accounted Unit Recognised In Profit Or Loss Before Tax
ImpairmentLossOfEquityAccountedUnitRecognisedInProfitOrLossBeforeTax
368000000 usd
CY2022 rio Total Impairment Loss Before Tax
TotalImpairmentLossBeforeTax
52000000 usd
CY2021 rio Total Impairment Loss Before Tax
TotalImpairmentLossBeforeTax
269000000 usd
CY2020 rio Total Impairment Loss Before Tax
TotalImpairmentLossBeforeTax
1272000000 usd
CY2022 rio Impairment Loss Reversal Of Impairment Loss Including Equity Accounting Units Recognised In Profit Or Loss Taxation
ImpairmentLossReversalOfImpairmentLossIncludingEquityAccountingUnitsRecognisedInProfitOrLossTaxation
0 usd
CY2021 rio Impairment Loss Reversal Of Impairment Loss Including Equity Accounting Units Recognised In Profit Or Loss Taxation
ImpairmentLossReversalOfImpairmentLossIncludingEquityAccountingUnitsRecognisedInProfitOrLossTaxation
72000000 usd
CY2020 rio Impairment Loss Reversal Of Impairment Loss Including Equity Accounting Units Recognised In Profit Or Loss Taxation
ImpairmentLossReversalOfImpairmentLossIncludingEquityAccountingUnitsRecognisedInProfitOrLossTaxation
157000000 usd
CY2022 rio Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss Net Of Tax
ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossNetOfTax
52000000 usd
CY2021 rio Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss Net Of Tax
ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossNetOfTax
197000000 usd
CY2020 rio Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss Net Of Tax
ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossNetOfTax
1115000000 usd
CY2022 ifrs-full Disclosure Of Revenue Explanatory
DisclosureOfRevenueExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span id="ib63c94ee45f64489a992f487143ce7ad_1053"/><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">6     Revenue by destination and product </span></div><div style="margin-bottom:4pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We recognise sales revenue related to the transfer of promised goods or services when control of the goods or services passes to the customer. The amount of revenue recognised reflects the consideration to which the Group is or expects to be entitled in exchange for those goods or services.</span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sales revenue is recognised on individual sales when control transfers to the customer. In most instances, control passes and sales revenue is recognised when the product is delivered to the vessel or vehicle on which it will be transported once loaded, the destination port or the customer’s premises. There may be circumstances when judgment is required based on the five indicators of control below: </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">The customer has the significant risks and rewards of ownership and has the ability to direct the use of, and obtain substantially all of the remaining benefits from, the good or service. </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">The customer has a present obligation to pay in accordance with the terms of the sales contract. For shipments under the Incoterms Cost, Insurance and Freight (CIF)/Carriage Paid to (CPT)/Cost and Freight (CFR) this is generally when the ship is loaded, at which time the obligation for payment is for both product and freight. </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">The customer has accepted the asset. Sales revenue may be subject to adjustment if the product specification does not conform to the terms specified in the sales contract but this does not impact the passing of control. Assay and specification adjustments have been immaterial historically. </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">The customer has legal title to the asset. The Group usually retains legal title until payment is received for credit risk purposes only.</span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">The customer has physical possession of the asset. This indicator may be less important as the customer may obtain control of an asset prior to obtaining physical possession, which may be the case for goods in transit.</span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:2pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">6     Revenue by destination and product</span><span style="color:#ff0090;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revenue is principally derived from sale of commodities. We sell the majority of our products on CFR or CIF Incoterms. This means that the Group is responsible (acts as principal) for providing shipping services and, in some instances, insurance after the date at which control of goods passes to the customer at the loading port. The Group, therefore, has separate performance obligations for freight and insurance services that are provided solely to facilitate sale of the products it produces. Other Incoterms commonly used by the Group are Free on Board (FOB), where the Group has no responsibility for freight or insurance once control of the goods has passed at the loading port, and Delivered at Place (DAP), where control of the goods passes when the product is delivered to the agreed destination. For these Incoterms there is only one performance obligation, being the provision of product at the point where control passes.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Within each sales contract, each unit of product shipped is a separate performance obligation. Revenue is generally recognised at the contracted price as this reflects the stand-alone selling price. Sales revenue excludes any applicable sales taxes. Sales of copper concentrate are stated net of the treatment and refining charges which will be required to convert it to an end product. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group’s products are sold to customers under contracts which vary in tenure and pricing mechanisms, including some volumes sold on the spot market. Pricing for iron ore is on a range of terms, the majority being either monthly or quarterly average pricing mechanisms, with a smaller proportion of iron ore volumes being sold on the spot market.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Certain of the Group’s products may be provisionally priced at the date revenue is recognised and a provisional invoice issued; however, substantially all iron ore and aluminium sales are reflected at final prices in the results for the period. Provisionally priced receivables are subsequently measured at fair value through the income statement under IFRS 9 “Financial Instruments” as described in note 24. The final selling price for all provisionally priced products is based on the price </span></div></div><div style="display:inline-block;max-width:2.705%;min-width:1.705%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.648%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">for the quotational period stipulated in the contract. Final prices for copper concentrate are normally determined between 30 and 120 days after delivery to the customer. The change in value of the provisionally priced receivable is based on relevant forward market prices and is included in sales revenue; refer to “Other revenue” within the sales by product disclosure below.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revenues from the sale of significant by-products, such as gold, are included in sales revenue. Third-party commodity swap arrangements principally for delivery and receipt of smelter-grade alumina are offset within operating costs. Sundry revenue incidental to the main revenue-generating activities of the operations is treated as a credit to operating costs. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Typically, the Group has a right to payment before or at the point that control of the goods passes including a right, where applicable, to payment for provisionally priced products and unperformed freight and insurance services. Cash received before control passes is recognised as a contract liability. The amount of consideration does not contain a significant financing component as payment terms are less than one year. We have a number of long-term contracts to supply products to customers in future periods. Generally, revenue is recognised on an invoice basis, as each unit sold is a separate performance obligation and therefore the right to consideration from a customer corresponds directly with our performance completed to date. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We do not disclose sales revenue from freight and insurance services separately as we do not consider that this is necessary in order to understand the impact of economic factors on the Group. Our Chief Executive, the chief operating decision maker as defined under IFRS 8 “Operating Segments”, does not review information specifically relating to these sources of revenue in order to evaluate the performance of business segments and Group information on these sources of revenue is not provided externally. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We apply the practical expedient in paragraph 121 of IFRS 15 and do not include information on the transaction price allocated to performance obligations that are unsatisfied. </span></div></div></div><div style="margin-bottom:1pt;margin-top:10pt"><span id="ib63c94ee45f64489a992f487143ce7ad_1054"/><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Consolidated sales revenue by destination</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(a)</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>%</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020<br/>%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Greater China</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.3 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59.7 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.4 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">30,172 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">37,878 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26,951 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">United States of America</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,823 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,012 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,867 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Asia (excluding Greater China and Japan)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,937 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,415 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,525 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Japan</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,091 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,012 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,354 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Europe (excluding UK)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6.5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,618 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,271 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,623 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,743 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,677 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,289 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia </span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,047 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,122 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">745 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">UK</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">182 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">243 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">242 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other countries</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,941 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,865 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,015 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55,554 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,495 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44,611 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">Consolidated sales revenue by geographical destination is based on the ultimate country of the product's destination, if known. Where the ultimate destination is not known, we have defaulted to the shipping address of the customer. Rio Tinto is domiciled in both the UK and Australia. </span></div><div style="margin-bottom:5pt;padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">Consolidated sales revenue by destination has been adjusted to classify Taiwan and China together as ‘Greater China’; previously Taiwan was included in Asia (excluding Greater China and Japan). This change has resulted in a decrease in 2021 revenue attributable to Asia (excluding Greater China and Japan) of: 2.5% and US$1,570 million (2020: 2.3% and US$1,011 million).</span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Consolidated sales revenue by product </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have sold the following products to external customers during the year:</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.109%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Revenue from</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">contracts </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">with customers</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">revenue</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Consolidated</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">sales revenue</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,068 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(267)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32,801 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium, alumina and bauxite</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,955 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(165)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,790 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,276 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(80)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,196 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Industrial minerals (comprising titanium dioxide slag, borates and salt)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,685 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,669 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gold</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">564 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">573 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diamonds</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">816 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">816 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other products</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,710 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,709 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">56,074 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(520)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55,554 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Revenue from contracts </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">with customers</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">revenue</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Revenue from contracts </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">with customers</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">revenue</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42,992 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(796)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42,196 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28,202 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,000 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29,202 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium, alumina and bauxite</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,336 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">103 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,439 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,092 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,146 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,229 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">96 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,325 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,721 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,785 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Industrial minerals (comprising titanium dioxide slag, borates and salt)</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,114 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,117 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,054 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,051 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gold</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,075 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,077 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">471 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">477 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diamonds</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">501 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">501 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">459 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">459 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other products</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,837 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,840 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,493 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,491 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64,084 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(589)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,495 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43,492 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,119 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44,611 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Consolidated sales revenue includes both revenue from contracts with customers, accounted for under IFRS 15, and subsequent movements in provisionally priced receivables, accounted for under IFRS 9, and included in “other revenue” above. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">“Other products” includes metallic co-products, molybdenum, silver and other commodities. Individually the revenue from each of these products is less than 15% of the total Other products category.</span></div>
CY2022 ifrs-full Description Of Accounting Policy For Recognition Of Revenue
DescriptionOfAccountingPolicyForRecognitionOfRevenue
<div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revenue is principally derived from sale of commodities. We sell the majority of our products on CFR or CIF Incoterms. This means that the Group is responsible (acts as principal) for providing shipping services and, in some instances, insurance after the date at which control of goods passes to the customer at the loading port. The Group, therefore, has separate performance obligations for freight and insurance services that are provided solely to facilitate sale of the products it produces. Other Incoterms commonly used by the Group are Free on Board (FOB), where the Group has no responsibility for freight or insurance once control of the goods has passed at the loading port, and Delivered at Place (DAP), where control of the goods passes when the product is delivered to the agreed destination. For these Incoterms there is only one performance obligation, being the provision of product at the point where control passes.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Within each sales contract, each unit of product shipped is a separate performance obligation. Revenue is generally recognised at the contracted price as this reflects the stand-alone selling price. Sales revenue excludes any applicable sales taxes. Sales of copper concentrate are stated net of the treatment and refining charges which will be required to convert it to an end product. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group’s products are sold to customers under contracts which vary in tenure and pricing mechanisms, including some volumes sold on the spot market. Pricing for iron ore is on a range of terms, the majority being either monthly or quarterly average pricing mechanisms, with a smaller proportion of iron ore volumes being sold on the spot market.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Certain of the Group’s products may be provisionally priced at the date revenue is recognised and a provisional invoice issued; however, substantially all iron ore and aluminium sales are reflected at final prices in the results for the period. Provisionally priced receivables are subsequently measured at fair value through the income statement under IFRS 9 “Financial Instruments” as described in note 24. The final selling price for all provisionally priced products is based on the price </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">for the quotational period stipulated in the contract. Final prices for copper concentrate are normally determined between 30 and 120 days after delivery to the customer. The change in value of the provisionally priced receivable is based on relevant forward market prices and is included in sales revenue; refer to “Other revenue” within the sales by product disclosure below.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revenues from the sale of significant by-products, such as gold, are included in sales revenue. Third-party commodity swap arrangements principally for delivery and receipt of smelter-grade alumina are offset within operating costs. Sundry revenue incidental to the main revenue-generating activities of the operations is treated as a credit to operating costs. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Typically, the Group has a right to payment before or at the point that control of the goods passes including a right, where applicable, to payment for provisionally priced products and unperformed freight and insurance services. Cash received before control passes is recognised as a contract liability. The amount of consideration does not contain a significant financing component as payment terms are less than one year. We have a number of long-term contracts to supply products to customers in future periods. Generally, revenue is recognised on an invoice basis, as each unit sold is a separate performance obligation and therefore the right to consideration from a customer corresponds directly with our performance completed to date. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We do not disclose sales revenue from freight and insurance services separately as we do not consider that this is necessary in order to understand the impact of economic factors on the Group. Our Chief Executive, the chief operating decision maker as defined under IFRS 8 “Operating Segments”, does not review information specifically relating to these sources of revenue in order to evaluate the performance of business segments and Group information on these sources of revenue is not provided externally. </span></div>We apply the practical expedient in paragraph 121 of IFRS 15 and do not include information on the transaction price allocated to performance obligations that are unsatisfied.
CY2022 ifrs-full Disclosure Of Geographical Areas Explanatory
DisclosureOfGeographicalAreasExplanatory
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>%</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020<br/>%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Greater China</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.3 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59.7 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.4 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">30,172 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">37,878 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26,951 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">United States of America</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,823 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,012 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,867 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Asia (excluding Greater China and Japan)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,937 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,415 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,525 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Japan</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,091 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,012 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,354 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Europe (excluding UK)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6.5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,618 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,271 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,623 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,743 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,677 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,289 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia </span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,047 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,122 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">745 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">UK</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">182 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">243 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">242 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other countries</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,941 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,865 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,015 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55,554 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,495 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44,611 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">Consolidated sales revenue by geographical destination is based on the ultimate country of the product's destination, if known. Where the ultimate destination is not known, we have defaulted to the shipping address of the customer. Rio Tinto is domiciled in both the UK and Australia. </span></div><div style="margin-bottom:5pt;padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">Consolidated sales revenue by destination has been adjusted to classify Taiwan and China together as ‘Greater China’; previously Taiwan was included in Asia (excluding Greater China and Japan). This change has resulted in a decrease in 2021 revenue attributable to Asia (excluding Greater China and Japan) of: 2.5% and US$1,570 million (2020: 2.3% and US$1,011 million).</span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The total of non-current assets other than excluded items is shown by location below. </span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia </span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31,674 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32,807 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,472 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,139 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mongolia</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,872 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,653 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">United States of America</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,441 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,141 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Africa</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,945 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,080 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">South America</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,317 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,451 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Europe (excluding UK)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">245 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">246 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">UK</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">136 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">111 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other countries</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,159 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,197 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total non-current assets other than excluded items</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73,261 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72,825 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets excluded from analysis above:</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Deferred tax assets</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,766 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,375 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other financial assets</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">406 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">528 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Quasi-equity loans to equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">97 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax recoverable</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Receivables and other assets</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,338 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,610 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total non-current assets per balance sheet</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">77,771 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">78,464 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">Allocation of non-current assets by country is based on the location of the business units holding the assets. It includes investments in equity accounted units totalling US$3,298 million (2021: US$3,407 million) which represents the Group’s share of net assets excluding quasi-equity loans shown separately above. </span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">As part of the impairment of the Boyne Smelter the quasi-equity loan was fully impaired in 2022 (2021: US$97 million).</span></div>
CY2022 ifrs-full Percentage Of Entitys Revenue
PercentageOfEntitysRevenue
1
CY2021 ifrs-full Percentage Of Entitys Revenue
PercentageOfEntitysRevenue
1
CY2020 ifrs-full Percentage Of Entitys Revenue
PercentageOfEntitysRevenue
1
CY2022 ifrs-full Revenue
Revenue
55554000000 usd
CY2021 ifrs-full Revenue
Revenue
63495000000 usd
CY2020 ifrs-full Revenue
Revenue
44611000000 usd
CY2022 ifrs-full Disclosure Of Products And Services Explanatory
DisclosureOfProductsAndServicesExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have sold the following products to external customers during the year:</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:72.109%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Revenue from</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">contracts </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">with customers</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">revenue</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Consolidated</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">sales revenue</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,068 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(267)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32,801 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium, alumina and bauxite</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,955 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(165)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,790 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,276 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(80)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,196 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Industrial minerals (comprising titanium dioxide slag, borates and salt)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,685 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,669 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gold</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">564 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">573 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diamonds</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">816 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">816 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other products</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,710 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,709 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">56,074 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(520)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55,554 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.935%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Revenue from contracts </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">with customers</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">revenue</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Revenue from contracts </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">with customers</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">revenue</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42,992 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(796)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42,196 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28,202 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,000 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29,202 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium, alumina and bauxite</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,336 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">103 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,439 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,092 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,146 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,229 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">96 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,325 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,721 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,785 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Industrial minerals (comprising titanium dioxide slag, borates and salt)</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,114 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,117 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,054 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,051 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gold</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,075 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,077 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">471 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">477 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diamonds</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">501 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">501 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">459 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">459 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other products</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,837 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,840 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,493 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,491 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consolidated sales revenue</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64,084 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(589)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,495 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43,492 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,119 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44,611 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Consolidated sales revenue includes both revenue from contracts with customers, accounted for under IFRS 15, and subsequent movements in provisionally priced receivables, accounted for under IFRS 9, and included in “other revenue” above. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">“Other products” includes metallic co-products, molybdenum, silver and other commodities. Individually the revenue from each of these products is less than 15% of the total Other products category.</span></div>
CY2022 ifrs-full Revenue From Contracts With Customers
RevenueFromContractsWithCustomers
56074000000 usd
CY2022 ifrs-full Other Revenue
OtherRevenue
-520000000 usd
CY2022 ifrs-full Revenue
Revenue
55554000000 usd
CY2021 ifrs-full Revenue From Contracts With Customers
RevenueFromContractsWithCustomers
64084000000 usd
CY2021 ifrs-full Other Revenue
OtherRevenue
-589000000 usd
CY2021 ifrs-full Revenue
Revenue
63495000000 usd
CY2020 ifrs-full Revenue From Contracts With Customers
RevenueFromContractsWithCustomers
43492000000 usd
CY2020 ifrs-full Other Revenue
OtherRevenue
1119000000 usd
CY2020 ifrs-full Revenue
Revenue
44611000000 usd
CY2022 ifrs-full Raw Materials And Consumables Used
RawMaterialsAndConsumablesUsed
12477000000 usd
CY2021 ifrs-full Raw Materials And Consumables Used
RawMaterialsAndConsumablesUsed
9957000000 usd
CY2020 ifrs-full Raw Materials And Consumables Used
RawMaterialsAndConsumablesUsed
8490000000 usd
CY2022 ifrs-full Amortisation Intangible Assets Other Than Goodwill
AmortisationIntangibleAssetsOtherThanGoodwill
159000000 usd
CY2021 ifrs-full Amortisation Intangible Assets Other Than Goodwill
AmortisationIntangibleAssetsOtherThanGoodwill
178000000 usd
CY2020 ifrs-full Amortisation Intangible Assets Other Than Goodwill
AmortisationIntangibleAssetsOtherThanGoodwill
161000000 usd
CY2022 rio Depreciation Property Plant And Equipment And Right Of Use Assets
DepreciationPropertyPlantAndEquipmentAndRightOfUseAssets
4851000000 usd
CY2021 rio Depreciation Property Plant And Equipment And Right Of Use Assets
DepreciationPropertyPlantAndEquipmentAndRightOfUseAssets
4519000000 usd
CY2020 rio Depreciation Property Plant And Equipment And Right Of Use Assets
DepreciationPropertyPlantAndEquipmentAndRightOfUseAssets
4118000000 usd
CY2022 ifrs-full Employee Benefits Expense
EmployeeBenefitsExpense
6002000000 usd
CY2021 ifrs-full Employee Benefits Expense
EmployeeBenefitsExpense
5513000000 usd
CY2020 ifrs-full Employee Benefits Expense
EmployeeBenefitsExpense
4770000000 usd
CY2022 rio Shipping And Other Freight Costs
ShippingAndOtherFreightCosts
3146000000 usd
CY2021 rio Shipping And Other Freight Costs
ShippingAndOtherFreightCosts
3275000000 usd
CY2020 rio Shipping And Other Freight Costs
ShippingAndOtherFreightCosts
2088000000 usd
CY2022 ifrs-full Changes In Inventories Of Finished Goods And Work In Progress
ChangesInInventoriesOfFinishedGoodsAndWorkInProgress
803000000 usd
CY2021 ifrs-full Changes In Inventories Of Finished Goods And Work In Progress
ChangesInInventoriesOfFinishedGoodsAndWorkInProgress
29000000 usd
CY2020 ifrs-full Changes In Inventories Of Finished Goods And Work In Progress
ChangesInInventoriesOfFinishedGoodsAndWorkInProgress
-47000000 usd
CY2022 ifrs-full Royalty Expense
RoyaltyExpense
2994000000 usd
CY2021 ifrs-full Royalty Expense
RoyaltyExpense
3878000000 usd
CY2020 ifrs-full Royalty Expense
RoyaltyExpense
2763000000 usd
CY2022 ifrs-full Other Income Expense From Subsidiaries Jointly Controlled Entities And Associates
OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates
-1429000000 usd
CY2021 ifrs-full Other Income Expense From Subsidiaries Jointly Controlled Entities And Associates
OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates
-1160000000 usd
CY2020 ifrs-full Other Income Expense From Subsidiaries Jointly Controlled Entities And Associates
OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates
-958000000 usd
CY2022 ifrs-full Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss
GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
42000000 usd
CY2021 ifrs-full Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss
GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
-14000000 usd
CY2020 ifrs-full Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss
GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
-300000000 usd
CY2022 ifrs-full Gains Losses On Disposals Of Property Plant And Equipment
GainsLossesOnDisposalsOfPropertyPlantAndEquipment
93000000 usd
CY2021 ifrs-full Gains Losses On Disposals Of Property Plant And Equipment
GainsLossesOnDisposalsOfPropertyPlantAndEquipment
-53000000 usd
CY2020 ifrs-full Gains Losses On Disposals Of Property Plant And Equipment
GainsLossesOnDisposalsOfPropertyPlantAndEquipment
-50000000 usd
CY2022 rio Gain Losses Arising From Sale Of Royalty
GainLossesArisingFromSaleOfRoyalty
432000000 usd
CY2021 rio Gain Losses Arising From Sale Of Royalty
GainLossesArisingFromSaleOfRoyalty
0 usd
CY2020 rio Gain Losses Arising From Sale Of Royalty
GainLossesArisingFromSaleOfRoyalty
0 usd
CY2022 ifrs-full Gains Losses On Availableforsale Financial Assets
GainsLossesOnAvailableforsaleFinancialAssets
116000000 usd
CY2021 ifrs-full Gains Losses On Availableforsale Financial Assets
GainsLossesOnAvailableforsaleFinancialAssets
336000000 usd
CY2020 ifrs-full Gains Losses On Availableforsale Financial Assets
GainsLossesOnAvailableforsaleFinancialAssets
0 usd
CY2022 rio Provisions Including Exchange Differences
ProvisionsIncludingExchangeDifferences
1006000000 usd
CY2021 rio Provisions Including Exchange Differences
ProvisionsIncludingExchangeDifferences
1906000000 usd
CY2020 rio Provisions Including Exchange Differences
ProvisionsIncludingExchangeDifferences
894000000 usd
CY2022 ifrs-full Research And Development Expense
ResearchAndDevelopmentExpense
76000000 usd
CY2021 ifrs-full Research And Development Expense
ResearchAndDevelopmentExpense
65000000 usd
CY2020 ifrs-full Research And Development Expense
ResearchAndDevelopmentExpense
45000000 usd
CY2022 ifrs-full Miscellaneous Other Operating Expense
MiscellaneousOtherOperatingExpense
4254000000 usd
CY2021 ifrs-full Miscellaneous Other Operating Expense
MiscellaneousOtherOperatingExpense
4018000000 usd
CY2020 ifrs-full Miscellaneous Other Operating Expense
MiscellaneousOtherOperatingExpense
3083000000 usd
CY2022 rio Costs Included Above Qualifying For Capitalisation
CostsIncludedAboveQualifyingForCapitalisation
-722000000 usd
CY2021 rio Costs Included Above Qualifying For Capitalisation
CostsIncludedAboveQualifyingForCapitalisation
-646000000 usd
CY2020 rio Costs Included Above Qualifying For Capitalisation
CostsIncludedAboveQualifyingForCapitalisation
-708000000 usd
CY2022 ifrs-full Other Operating Income Expense
OtherOperatingIncomeExpense
1022000000 usd
CY2021 ifrs-full Other Operating Income Expense
OtherOperatingIncomeExpense
893000000 usd
CY2020 ifrs-full Other Operating Income Expense
OtherOperatingIncomeExpense
711000000 usd
CY2022 ifrs-full Operating Expense
OperatingExpense
34770000000 usd
CY2021 ifrs-full Operating Expense
OperatingExpense
32690000000 usd
CY2020 ifrs-full Operating Expense
OperatingExpense
26254000000 usd
CY2022 ifrs-full Expense Relating To Shortterm Leases For Which Recognition Exemption Has Been Used
ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed
465000000 usd
CY2021 ifrs-full Expense Relating To Shortterm Leases For Which Recognition Exemption Has Been Used
ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed
502000000 usd
CY2020 ifrs-full Expense Relating To Shortterm Leases For Which Recognition Exemption Has Been Used
ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed
314000000 usd
CY2022 ifrs-full Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities
ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities
50000000 usd
CY2021 ifrs-full Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities
ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities
34000000 usd
CY2020 ifrs-full Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities
ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities
30000000 usd
CY2022 rio Operating Costs Capitalised
OperatingCostsCapitalised
485000000 usd
CY2021 rio Operating Costs Capitalised
OperatingCostsCapitalised
445000000 usd
CY2020 rio Operating Costs Capitalised
OperatingCostsCapitalised
537000000 usd
CY2022 rio Exploration And Evaluation Costs
ExplorationAndEvaluationCosts
190000000 usd
CY2021 rio Exploration And Evaluation Costs
ExplorationAndEvaluationCosts
154000000 usd
CY2020 rio Exploration And Evaluation Costs
ExplorationAndEvaluationCosts
125000000 usd
CY2022 ifrs-full Operating Expense Excluding Cost Of Sales
OperatingExpenseExcludingCostOfSales
47000000 usd
CY2021 ifrs-full Operating Expense Excluding Cost Of Sales
OperatingExpenseExcludingCostOfSales
47000000 usd
CY2020 ifrs-full Operating Expense Excluding Cost Of Sales
OperatingExpenseExcludingCostOfSales
46000000 usd
CY2022 rio Decarbonisation Expenditures
DecarbonisationExpenditures
138000000 usd
CY2022 ifrs-full Disclosure Of Exploration And Evaluation Assets Explanatory
DisclosureOfExplorationAndEvaluationAssetsExplanatory
Exploration and evaluation expenditure <div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exploration and evaluation expenditure includes costs that are directly attributable to: </span></div><div style="margin-bottom:3pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">Researching and analysing existing exploration data; </span></div><div style="margin-bottom:3pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">Conducting geological studies, exploratory drilling and sampling; </span></div><div style="margin-bottom:3pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">Examining and testing extraction and treatment methods; and/or </span></div><div style="margin-bottom:5pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">Compiling various studies (order of magnitude, pre-feasibility and feasibility).</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exploration expenditure relates to the initial search for deposits with economic potential. Expenditure on exploration activity undertaken by the Group is not capitalised.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Evaluation expenditure relates to a detailed assessment of deposits or other projects (including smelter and refinery projects) that have been identified as having economic potential. These costs are also expensed until the business case for the project is sufficiently advanced. For greenfield projects, expensing typically continues to a later phase of study compared with brownfield expansions. </span></div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The charge for the year and the net amount of intangible assets capitalised during the year are as follows:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expenditure in the year (inclusive of cash proceeds of US$1 million (2021: US$7 million; 2020: US$1 million) on disposal of undeveloped projects)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,097)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(852)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(711)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-cash movements and non-cash proceeds on disposal of undeveloped projects</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amount capitalised during the year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">207 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">87 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Exploration and evaluation expenditure (net of profit relating to interests in undeveloped projects) per income statement</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(896)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(719)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(624)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table>
CY2022 ifrs-full Description Of Accounting Policy For Exploration And Evaluation Expenditures
DescriptionOfAccountingPolicyForExplorationAndEvaluationExpenditures
Exploration and evaluation expenditure <div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exploration and evaluation expenditure includes costs that are directly attributable to: </span></div><div style="margin-bottom:3pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">Researching and analysing existing exploration data; </span></div><div style="margin-bottom:3pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">Conducting geological studies, exploratory drilling and sampling; </span></div><div style="margin-bottom:3pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">Examining and testing extraction and treatment methods; and/or </span></div><div style="margin-bottom:5pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">Compiling various studies (order of magnitude, pre-feasibility and feasibility).</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Exploration expenditure relates to the initial search for deposits with economic potential. Expenditure on exploration activity undertaken by the Group is not capitalised.</span></div>Evaluation expenditure relates to a detailed assessment of deposits or other projects (including smelter and refinery projects) that have been identified as having economic potential. These costs are also expensed until the business case for the project is sufficiently advanced. For greenfield projects, expensing typically continues to a later phase of study compared with brownfield expansions.
CY2022 ifrs-full Proceeds From Disposal Of Exploration And Evaluation Assets
ProceedsFromDisposalOfExplorationAndEvaluationAssets
1000000 usd
CY2021 ifrs-full Proceeds From Disposal Of Exploration And Evaluation Assets
ProceedsFromDisposalOfExplorationAndEvaluationAssets
7000000 usd
CY2020 ifrs-full Proceeds From Disposal Of Exploration And Evaluation Assets
ProceedsFromDisposalOfExplorationAndEvaluationAssets
1000000 usd
CY2022 rio Exploration And Evaluation Expenditure
ExplorationAndEvaluationExpenditure
1097000000 usd
CY2021 rio Exploration And Evaluation Expenditure
ExplorationAndEvaluationExpenditure
852000000 usd
CY2020 rio Exploration And Evaluation Expenditure
ExplorationAndEvaluationExpenditure
711000000 usd
CY2022 rio Noncash Movements And Proceeds On Disposal Of Undeveloped Projects
NoncashMovementsAndProceedsOnDisposalOfUndevelopedProjects
6000000 usd
CY2021 rio Noncash Movements And Proceeds On Disposal Of Undeveloped Projects
NoncashMovementsAndProceedsOnDisposalOfUndevelopedProjects
-23000000 usd
CY2020 rio Noncash Movements And Proceeds On Disposal Of Undeveloped Projects
NoncashMovementsAndProceedsOnDisposalOfUndevelopedProjects
0 usd
CY2022 rio Exploration And Evaluation Costs Capitalised
ExplorationAndEvaluationCostsCapitalised
207000000 usd
CY2021 rio Exploration And Evaluation Costs Capitalised
ExplorationAndEvaluationCostsCapitalised
110000000 usd
CY2020 rio Exploration And Evaluation Costs Capitalised
ExplorationAndEvaluationCostsCapitalised
87000000 usd
CY2022 rio Exploration And Evaluation Charge
ExplorationAndEvaluationCharge
896000000 usd
CY2021 rio Exploration And Evaluation Charge
ExplorationAndEvaluationCharge
719000000 usd
CY2020 rio Exploration And Evaluation Charge
ExplorationAndEvaluationCharge
624000000 usd
CY2022 ifrs-full Disclosure Of Finance Income Expense Explanatory
DisclosureOfFinanceIncomeExpenseExplanatory
<div style="margin-bottom:1pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">9     Finance income and finance costs</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Finance income from equity accounted units</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other finance income (including bank deposits, net investment in leases, and other financial assets)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">176 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">137 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total finance income</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">179 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">141 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on:</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Financial liabilities at amortised cost (excluding lease liabilities) and associated derivatives</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(713)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(489)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(561)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Lease liabilities</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(49)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(47)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(50)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value movements:</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Bonds designated as hedged items in fair value hedges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">526 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">246 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(284)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Derivatives designated as hedging instruments in fair value hedges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(515)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(242)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">287 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Loss on early redemption of bonds</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(69)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts capitalised</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">416 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">340 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total finance costs</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(335)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(243)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(268)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The main sources of ineffectiveness of the fair value hedges include changes in the timing of the cash flows of the hedging instrument compared to the underlying hedged item, and changes in the credit risk of parties to the hedging relationships.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">We capitalise interest based on the Group or relevant subsidiary’s cost of borrowing, refer to note 13, or at the rate of project-specific debt (where applicable).</span></div>
CY2022 rio Finance Income From Equity Accounted Units
FinanceIncomeFromEquityAccountedUnits
3000000 usd
CY2021 rio Finance Income From Equity Accounted Units
FinanceIncomeFromEquityAccountedUnits
2000000 usd
CY2020 rio Finance Income From Equity Accounted Units
FinanceIncomeFromEquityAccountedUnits
4000000 usd
CY2022 ifrs-full Other Finance Income
OtherFinanceIncome
176000000 usd
CY2021 ifrs-full Other Finance Income
OtherFinanceIncome
62000000 usd
CY2020 ifrs-full Other Finance Income
OtherFinanceIncome
137000000 usd
CY2022 ifrs-full Finance Income
FinanceIncome
179000000 usd
CY2021 ifrs-full Finance Income
FinanceIncome
64000000 usd
CY2020 ifrs-full Finance Income
FinanceIncome
141000000 usd
CY2022 rio Interest On Financial Liabilities At Amortized Cost And Associated Derivatives
InterestOnFinancialLiabilitiesAtAmortizedCostAndAssociatedDerivatives
713000000 usd
CY2021 rio Interest On Financial Liabilities At Amortized Cost And Associated Derivatives
InterestOnFinancialLiabilitiesAtAmortizedCostAndAssociatedDerivatives
489000000 usd
CY2020 rio Interest On Financial Liabilities At Amortized Cost And Associated Derivatives
InterestOnFinancialLiabilitiesAtAmortizedCostAndAssociatedDerivatives
561000000 usd
CY2022 rio Interestexpenseonfinanceleases
Interestexpenseonfinanceleases
49000000 usd
CY2021 rio Interestexpenseonfinanceleases
Interestexpenseonfinanceleases
47000000 usd
CY2020 rio Interestexpenseonfinanceleases
Interestexpenseonfinanceleases
50000000 usd
CY2022 rio Bonds Designated As Hedged Items In Fair Value Hedges
BondsDesignatedAsHedgedItemsInFairValueHedges
526000000 usd
CY2021 rio Bonds Designated As Hedged Items In Fair Value Hedges
BondsDesignatedAsHedgedItemsInFairValueHedges
246000000 usd
CY2020 rio Bonds Designated As Hedged Items In Fair Value Hedges
BondsDesignatedAsHedgedItemsInFairValueHedges
-284000000 usd
CY2022 rio Derivatives Designated As Hedging Instruments In Fair Value Hedges
DerivativesDesignatedAsHedgingInstrumentsInFairValueHedges
-515000000 usd
CY2021 rio Derivatives Designated As Hedging Instruments In Fair Value Hedges
DerivativesDesignatedAsHedgingInstrumentsInFairValueHedges
-242000000 usd
CY2020 rio Derivatives Designated As Hedging Instruments In Fair Value Hedges
DerivativesDesignatedAsHedgingInstrumentsInFairValueHedges
287000000 usd
CY2022 rio Loss On Early Redemption Of Bonds
LossOnEarlyRedemptionOfBonds
0 usd
CY2021 rio Loss On Early Redemption Of Bonds
LossOnEarlyRedemptionOfBonds
69000000 usd
CY2020 rio Loss On Early Redemption Of Bonds
LossOnEarlyRedemptionOfBonds
0 usd
CY2022 ifrs-full Borrowing Costs Capitalised
BorrowingCostsCapitalised
416000000 usd
CY2021 ifrs-full Borrowing Costs Capitalised
BorrowingCostsCapitalised
358000000 usd
CY2020 ifrs-full Borrowing Costs Capitalised
BorrowingCostsCapitalised
340000000 usd
CY2022 ifrs-full Finance Costs
FinanceCosts
335000000 usd
CY2021 ifrs-full Finance Costs
FinanceCosts
243000000 usd
CY2020 ifrs-full Finance Costs
FinanceCosts
268000000 usd
CY2022 ifrs-full Disclosure Of Income Tax Explanatory
DisclosureOfIncomeTaxExplanatory
<div style="margin-bottom:5pt;margin-top:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span id="i2058f13c3e5243379438cf63ec99974a_1479"/><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">10     Taxation </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The taxation charge contains both current and deferred tax.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax is the tax expected to be payable on the taxable income for the year calculated using rates applicable during the year. It includes adjustments for tax expected to be payable or recoverable in respect of previous periods. Where the amount of tax payable or recoverable is uncertain, we establish provisions based on either: the Group’s judgment of the most likely amount of the liability or recovery; or, when there is a wide range of possible outcomes, a probability weighted average approach.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax is calculated in accordance with IAS 12 using rates that have been enacted or substantively enacted at the balance sheet date. Where the recognition of an asset and liability from a single transaction gives rise to equal and off-setting temporary differences, we apply the Initial Recognition Exemption allowed by IAS 12, and consequently recognise neither a deferred tax asset nor a deferred tax liability in respect of these temporary differences. Primarily this occurs with new lease arrangements and changes in closure cost estimates for assets in operation. Under the amendment to IAS 12, deferred tax assets and liabilities will be required to be recognised in respect of such temporary differences (Refer to note 40 on page <a href="#ibb911af0140f4ed284e9429300fe8801_4370" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">222</a>).</span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Uncertain tax positions</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group operates across a large number of jurisdictions and is subject to review and challenge by local tax authorities on a range of tax matters. Where the amount of tax payable or recoverable is uncertain, whether due to the local tax authority challenge or due to uncertainty regarding the appropriate treatment, judgment is required to assess the probability that the adopted treatment will be accepted. In accordance with IFRIC 23, if it is not probable that the treatment will be accepted, the Group accounts for uncertain tax provisions for all matters worldwide based on the Group’s judgment of the most likely amount of the liability or recovery, or where there is a wide range of possible outcomes, using a probability weighted average approach. Uncertain tax provisions include any related interest and penalties.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In July 2022 we reached agreement with the Australian Tax Office (ATO) on all tax matters in dispute. We also reached agreement with the Inland Revenue Authority of Singapore in relation to transfer pricing for the same historical years (2010 to 2021). </span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:10pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Taxation charge</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Current</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,851 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,144 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,169 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Deferred</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">735 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">114 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(178)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total taxation charge</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,586 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,258 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,991 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:4pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Prima facie tax reconciliation</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(i)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(i)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Profit before taxation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,662 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">30,833 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,391 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr style="height:11pt"><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Prima facie tax payable at UK rate of 19% (2021: 19%; 2020: 19%)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,546 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,858 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,924 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Higher rate of taxation of 30% on Australian earnings (2021: 30%; 2020: 30%)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,550 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,598 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,748 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other tax rates applicable outside the UK and Australia</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(17)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">103 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(181)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax effect of profit from equity accounted units, related impairments and expenses</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(109)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(198)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(59)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impact of changes in tax rates</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Resource depletion allowances</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(34)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Recognition of previously unrecognised deferred tax assets</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(261)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(212)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(182)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Write-down of previously recognised deferred tax assets</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">820 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">237 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilisation of previously unrecognised deferred tax assets</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(37)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(200)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unrecognised current year operating losses</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">212 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">328 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments in respect of prior periods</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(222)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other items</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">155 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">214 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">216 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total taxation charge</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,586 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,258 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,991 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The Group profit before tax includes profit after tax of equity accounted units. Consequently, the tax effect on the profit from equity accounted units is included as a separate reconciling item in this prima facie tax reconciliation.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">As a UK headquartered and listed Group, the reconciliation of expected tax on accounting profit to tax charge uses the UK corporation tax rate to calculate the prima facie tax payable. Rio Tinto is also listed in Australia, and the reconciliation includes the impact of the higher tax rate in Australia where a significant proportion of the Group's profits are currently earned. The impact of other tax rates applicable outside the UK and Australia is also included. The weighted average statutory corporate tax rate on profit before tax is approximately </span><span style="color:#353534;font-family:'RT Vickerman',sans-serif;font-size:6pt;font-weight:400;line-height:120%">29%</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> (2021: 29% 2020: 30%). </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">The recognition of previously unrecognised deferred tax assets relates primarily to Oyu Tolgoi where ongoing progress towards sustainable underground production in the current and comparative periods reduces the risk of tax losses that expire if not recovered against taxable profits within eight years. In the comparative period to 31 December 2021 the recognition of previously unrecognised deferred tax assets also included the recognition of prior year deferred tax assets in our Australian Aluminium business. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">The write-down of previously recognised deferred tax assets relates to deferred tax assets of our US businesses. The enactment of the US Inflation Reduction Act of 2022 in August included a new Corporate Alternative Minimum Tax (CAMT) regime which applies a minimum tax rate of 15% on accounting profits. As a result of the new legislation, which does not give relief for some Federal deferred tax assets, the deferred tax assets previously recognised have been written down. In the comparative period to 31 December 2020 the write-down of previously recognised deferred tax assets relates primarily to the partial de-recognition of deferred tax assets in our Australian Aluminium business. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">In 2021, the utilisation of previously unrecognised deferred tax assets arose due to higher than forecast profits in the year at Oyu Tolgoi.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">Unrecognised current year operating losses include tax losses around the Group for which no tax benefit is currently recognised due to uncertainty regarding whether suitable taxable profits will be earned in future to obtain value for the tax losses. In 2020, unrecognised current year operating losses included allowable foreign exchange losses in the UK for which no tax benefit was recognised. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">In the year to 31 December 2022, adjustments in respect of prior periods includes amounts related to the settlement of all tax disputes with the Australian Tax Office for the years 2010 to 2021.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(h)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.39pt">Other items include non-deductible costs and withholding taxes, and various adjustments to provisions for taxation, the most significant of which relate to transfer pricing matters, including issues previously under discussion with the Australian Tax Office.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(i)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:9.37pt">The presentation of the prima facie tax reconciliation comparatives has been revised. We have allocated the tax relating to exclusions (historically shown separately in the financial statements) to the appropriate tax line items above. The presentation of the impact of including profit after tax from equity accounted units within the Group profit before tax has also been revised as described in note (a) above.</span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">10     Taxation</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax on fair value movements:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Cash flow hedge fair value gains</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax (charge)/credit on re-measurement gains/(losses) on pension and post-retirement healthcare plans</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(123)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(305)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">112 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Deferred tax relating to components of other comprehensive income for the year (note 15)</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(102)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(243)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">115 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Future tax developments</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We continue to monitor the Organisation for Economic Co-operation and Development’s (OECD) Two Pillar Solution to address the Tax Challenges Arising from the Digitalisation of the Economy. Pillar Two of those proposals seeks to apply a 15% global minimum tax and is expected to be enacted in 2023 with application to the Group from 1 January 2024. We note the release in July by the UK Government of draft legislation to implement a "Multinational Top-up Tax" on a country-by-country basis in line with Pillar Two.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We are in the process of evaluating the cash tax and accounting implications of the Pillar Two global minimum tax rules under IAS 12. Recognition of any impact will only occur once legislation has been substantively enacted.</span></div>
CY2022 ifrs-full Profit Loss Before Tax
ProfitLossBeforeTax
18662000000 usd
CY2021 ifrs-full Profit Loss Before Tax
ProfitLossBeforeTax
30833000000 usd
CY2022 ifrs-full Description Of Accounting Policy For Income Tax Explanatory
DescriptionOfAccountingPolicyForIncomeTaxExplanatory
<div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The taxation charge contains both current and deferred tax.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current tax is the tax expected to be payable on the taxable income for the year calculated using rates applicable during the year. It includes adjustments for tax expected to be payable or recoverable in respect of previous periods. Where the amount of tax payable or recoverable is uncertain, we establish provisions based on either: the Group’s judgment of the most likely amount of the liability or recovery; or, when there is a wide range of possible outcomes, a probability weighted average approach.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax is calculated in accordance with IAS 12 using rates that have been enacted or substantively enacted at the balance sheet date. Where the recognition of an asset and liability from a single transaction gives rise to equal and off-setting temporary differences, we apply the Initial Recognition Exemption allowed by IAS 12, and consequently recognise neither a deferred tax asset nor a deferred tax liability in respect of these temporary differences. Primarily this occurs with new lease arrangements and changes in closure cost estimates for assets in operation. Under the amendment to IAS 12, deferred tax assets and liabilities will be required to be recognised in respect of such temporary differences (Refer to note 40 on page <a href="#ibb911af0140f4ed284e9429300fe8801_4370" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">222</a>).</span></div>
CY2022 ifrs-full Current Tax Expense Income
CurrentTaxExpenseIncome
4851000000 usd
CY2021 ifrs-full Current Tax Expense Income
CurrentTaxExpenseIncome
8144000000 usd
CY2020 ifrs-full Current Tax Expense Income
CurrentTaxExpenseIncome
5169000000 usd
CY2022 ifrs-full Deferred Tax Expense Income
DeferredTaxExpenseIncome
735000000 usd
CY2021 ifrs-full Deferred Tax Expense Income
DeferredTaxExpenseIncome
114000000 usd
CY2020 ifrs-full Deferred Tax Expense Income
DeferredTaxExpenseIncome
-178000000 usd
CY2022 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
5586000000 usd
CY2021 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
8258000000 usd
CY2020 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
4991000000 usd
CY2020 ifrs-full Profit Loss Before Tax
ProfitLossBeforeTax
15391000000 usd
CY2022 ifrs-full Tax Expense Income At Applicable Tax Rate
TaxExpenseIncomeAtApplicableTaxRate
3546000000 usd
CY2021 ifrs-full Tax Expense Income At Applicable Tax Rate
TaxExpenseIncomeAtApplicableTaxRate
5858000000 usd
CY2020 ifrs-full Tax Expense Income At Applicable Tax Rate
TaxExpenseIncomeAtApplicableTaxRate
2924000000 usd
CY2022 rio Tax Effect From Higher Rate Of Taxation On Underlying Earnings
TaxEffectFromHigherRateOfTaxationOnUnderlyingEarnings
1550000000 usd
CY2021 rio Tax Effect From Higher Rate Of Taxation On Underlying Earnings
TaxEffectFromHigherRateOfTaxationOnUnderlyingEarnings
2598000000 usd
CY2020 rio Tax Effect From Higher Rate Of Taxation On Underlying Earnings
TaxEffectFromHigherRateOfTaxationOnUnderlyingEarnings
1748000000 usd
CY2022 rio Tax Effect Of Other Tax Rates Applicable Uk And Australia On Underlying Earnings
TaxEffectOfOtherTaxRatesApplicableUkAndAustraliaOnUnderlyingEarnings
-17000000 usd
CY2021 rio Tax Effect Of Other Tax Rates Applicable Uk And Australia On Underlying Earnings
TaxEffectOfOtherTaxRatesApplicableUkAndAustraliaOnUnderlyingEarnings
103000000 usd
CY2020 rio Tax Effect Of Other Tax Rates Applicable Uk And Australia On Underlying Earnings
TaxEffectOfOtherTaxRatesApplicableUkAndAustraliaOnUnderlyingEarnings
-181000000 usd
CY2022 rio Tax Effect Of Profit From Equity Accounted Units Related Impairments And Expenses
TaxEffectOfProfitFromEquityAccountedUnitsRelatedImpairmentsAndExpenses
-109000000 usd
CY2021 rio Tax Effect Of Profit From Equity Accounted Units Related Impairments And Expenses
TaxEffectOfProfitFromEquityAccountedUnitsRelatedImpairmentsAndExpenses
-198000000 usd
CY2020 rio Tax Effect Of Profit From Equity Accounted Units Related Impairments And Expenses
TaxEffectOfProfitFromEquityAccountedUnitsRelatedImpairmentsAndExpenses
-59000000 usd
CY2022 ifrs-full Tax Effect From Change In Tax Rate
TaxEffectFromChangeInTaxRate
-11000000 usd
CY2021 ifrs-full Tax Effect From Change In Tax Rate
TaxEffectFromChangeInTaxRate
0 usd
CY2020 ifrs-full Tax Effect From Change In Tax Rate
TaxEffectFromChangeInTaxRate
0 usd
CY2022 rio Tax Effect Of Resource Depletion Allowances
TaxEffectOfResourceDepletionAllowances
-40000000 usd
CY2021 rio Tax Effect Of Resource Depletion Allowances
TaxEffectOfResourceDepletionAllowances
-52000000 usd
CY2020 rio Tax Effect Of Resource Depletion Allowances
TaxEffectOfResourceDepletionAllowances
-34000000 usd
CY2022 rio Tax Effect Of Recognition Of Previously Recognised Deferred Tax Assets
TaxEffectOfRecognitionOfPreviouslyRecognisedDeferredTaxAssets
261000000 usd
CY2021 rio Tax Effect Of Recognition Of Previously Recognised Deferred Tax Assets
TaxEffectOfRecognitionOfPreviouslyRecognisedDeferredTaxAssets
212000000 usd
CY2020 rio Tax Effect Of Recognition Of Previously Recognised Deferred Tax Assets
TaxEffectOfRecognitionOfPreviouslyRecognisedDeferredTaxAssets
182000000 usd
CY2022 rio Tax Effect Of Write Down Of Previously Recognised Deferred Tax Assets
TaxEffectOfWriteDownOfPreviouslyRecognisedDeferredTaxAssets
820000000 usd
CY2021 rio Tax Effect Of Write Down Of Previously Recognised Deferred Tax Assets
TaxEffectOfWriteDownOfPreviouslyRecognisedDeferredTaxAssets
0 usd
CY2020 rio Tax Effect Of Write Down Of Previously Recognised Deferred Tax Assets
TaxEffectOfWriteDownOfPreviouslyRecognisedDeferredTaxAssets
237000000 usd
CY2022 rio Tax Effect Of Utilisation Of Previously Unrecognised Deferred Tax Assets
TaxEffectOfUtilisationOfPreviouslyUnrecognisedDeferredTaxAssets
37000000 usd
CY2021 rio Tax Effect Of Utilisation Of Previously Unrecognised Deferred Tax Assets
TaxEffectOfUtilisationOfPreviouslyUnrecognisedDeferredTaxAssets
200000000 usd
CY2020 rio Tax Effect Of Utilisation Of Previously Unrecognised Deferred Tax Assets
TaxEffectOfUtilisationOfPreviouslyUnrecognisedDeferredTaxAssets
15000000 usd
CY2022 rio Tax Effect Of Unrecognised Current Year Operating Gains Losses
TaxEffectOfUnrecognisedCurrentYearOperatingGainsLosses
-212000000 usd
CY2021 rio Tax Effect Of Unrecognised Current Year Operating Gains Losses
TaxEffectOfUnrecognisedCurrentYearOperatingGainsLosses
-107000000 usd
CY2020 rio Tax Effect Of Unrecognised Current Year Operating Gains Losses
TaxEffectOfUnrecognisedCurrentYearOperatingGainsLosses
-328000000 usd
CY2022 rio Tax Effect Of Recognition Of Previously Unrecognized Deferred Tax Assets
TaxEffectOfRecognitionOfPreviouslyUnrecognizedDeferredTaxAssets
-222000000 usd
CY2021 rio Tax Effect Of Recognition Of Previously Unrecognized Deferred Tax Assets
TaxEffectOfRecognitionOfPreviouslyUnrecognizedDeferredTaxAssets
40000000 usd
CY2020 rio Tax Effect Of Recognition Of Previously Unrecognized Deferred Tax Assets
TaxEffectOfRecognitionOfPreviouslyUnrecognizedDeferredTaxAssets
9000000 usd
CY2022 ifrs-full Other Tax Effects For Reconciliation Between Accounting Profit And Tax Expense Income
OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome
155000000 usd
CY2021 ifrs-full Other Tax Effects For Reconciliation Between Accounting Profit And Tax Expense Income
OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome
214000000 usd
CY2020 ifrs-full Other Tax Effects For Reconciliation Between Accounting Profit And Tax Expense Income
OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome
216000000 usd
CY2022 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
5586000000 usd
CY2021 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
8258000000 usd
CY2020 ifrs-full Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
4991000000 usd
CY2022 rio Weighted Average Statutory Tax Rate
WeightedAverageStatutoryTaxRate
0.29
CY2021 rio Weighted Average Statutory Tax Rate
WeightedAverageStatutoryTaxRate
0.29
CY2020 rio Weighted Average Statutory Tax Rate
WeightedAverageStatutoryTaxRate
0.30
CY2022 ifrs-full Income Tax Relating To Cash Flow Hedges Of Other Comprehensive Income
IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome
21000000 usd
CY2021 ifrs-full Income Tax Relating To Cash Flow Hedges Of Other Comprehensive Income
IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome
62000000 usd
CY2020 ifrs-full Income Tax Relating To Cash Flow Hedges Of Other Comprehensive Income
IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome
3000000 usd
CY2022 ifrs-full Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income
IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome
-123000000 usd
CY2021 ifrs-full Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income
IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome
-305000000 usd
CY2020 ifrs-full Income Tax Relating To Remeasurements Of Defined Benefit Plans Of Other Comprehensive Income
IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome
112000000 usd
CY2022 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome
-102000000 usd
CY2021 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome
-243000000 usd
CY2020 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome
115000000 usd
CY2022Q4 rio Non Current Assets Other Than Excluded Items
NonCurrentAssetsOtherThanExcludedItems
73261000000 usd
CY2021Q4 rio Non Current Assets Other Than Excluded Items
NonCurrentAssetsOtherThanExcludedItems
72825000000 usd
CY2022Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
2766000000 usd
CY2021Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
3375000000 usd
CY2022Q4 ifrs-full Other Noncurrent Financial Assets
OtherNoncurrentFinancialAssets
406000000 usd
CY2021Q4 ifrs-full Other Noncurrent Financial Assets
OtherNoncurrentFinancialAssets
528000000 usd
CY2022Q4 rio Quasi Equity Loans To Equity Accounted Units
QuasiEquityLoansToEquityAccountedUnits
0 usd
CY2021Q4 rio Quasi Equity Loans To Equity Accounted Units
QuasiEquityLoansToEquityAccountedUnits
97000000 usd
CY2022Q4 ifrs-full Current Tax Assets Noncurrent
CurrentTaxAssetsNoncurrent
0 usd
CY2021Q4 ifrs-full Current Tax Assets Noncurrent
CurrentTaxAssetsNoncurrent
29000000 usd
CY2022Q4 rio Non Current Receivables And Other Assets Excluded From Segment Analysis
NonCurrentReceivablesAndOtherAssetsExcludedFromSegmentAnalysis
1338000000 usd
CY2021Q4 rio Non Current Receivables And Other Assets Excluded From Segment Analysis
NonCurrentReceivablesAndOtherAssetsExcludedFromSegmentAnalysis
1610000000 usd
CY2022Q4 ifrs-full Noncurrent Assets
NoncurrentAssets
77771000000 usd
CY2021Q4 ifrs-full Noncurrent Assets
NoncurrentAssets
78464000000 usd
CY2021Q4 rio Quasi Equity Loans To Equity Accounted Units
QuasiEquityLoansToEquityAccountedUnits
97000000 usd
CY2022 ifrs-full Disclosure Of Goodwill Explanatory
DisclosureOfGoodwillExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">11     Goodwill</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill is not amortised; it is tested annually at 30 September for impairment or more frequently if events or changes in circumstances indicate a potential impairment, refer to note 4 for further information.</span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">946 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(53)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(67)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">826 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,974 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,987 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated impairment</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,148)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16,108)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,987 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17,341 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated impairment</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16,108)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16,395)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At 31 December, goodwill has been allocated as follows:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Richards Bay Minerals</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">405 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">428 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pilbara</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">337 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">362 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dampier Salt</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">84 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">826 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">11     Goodwill</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:4pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impairment tests for goodwill </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Richards Bay Minerals </span></div><div style="margin-bottom:7pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Richards Bay Minerals’ annual impairment review resulted in no impairment charge for 2022 (2021: no impairment charge). The recoverable amount has been assessed by reference to FVLCD, in line with the policy set out in note 4 and classified as level 3 under the fair value hierarchy. FVLCD was determined by estimating cash flows until the end of the life-of-mine plan including anticipated expansions. In arriving at FVLCD, a post-tax discount rate of 8.6% (2021: 8.6%) has been applied to the post-tax cash flows expressed in real terms. </span></div><div style="margin-bottom:3pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The key assumptions to which the calculation of FVLCD for Richards Bay Minerals is most sensitive and the corresponding change in FVLCD are set out below:</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:89.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.445%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5% increase in the titanium slag price</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #939292;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">207</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1% increase in the discount rate applied to post-tax cash flows</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(140)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10% strengthening of the South African rand</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">263 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>Other assumptions include the long-term pig iron and zircon prices and operating costs. Future selling prices and operating costs have been estimated in line with the policy set out in note 4. The recoverable amount of the cash-generating unit (CGU) exceeds the carrying value when each of these sensitivities is applied while keeping all other assumptions constant.
CY2022 ifrs-full Description Of Accounting Policy For Intangible Assets And Goodwill Explanatory
DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill is not amortised; it is tested annually at 30 September for impairment or more frequently if events or changes in circumstances indicate a potential impairment, refer to note 4 for further information.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement - Intangible assets</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchased intangible assets are initially recorded at cost. Finite-life intangible assets are amortised over their useful economic lives on a straight line or units of production basis, as appropriate. Intangible assets that are deemed to have indefinite lives and intangible assets that are not yet ready for use are not amortised; they are reviewed annually for impairment or more frequently if events or changes in circumstances indicate a potential impairment.</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The majority of our intangible assets relate to capitalised exploration and evaluation spend and contract-based water rights. The water rights were acquired with Alcan in Canada.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Exploration and evaluation</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Evaluation expenditure relates to a detailed assessment of deposits or other projects (including smelter and refinery projects) that have been identified as having economic potential. Capitalisation of evaluation expenditure commences when there is a high degree of confidence that the Group will determine that a project is commercially viable; that is, the project will provide a satisfactory return relative to its perceived risks, and therefore it is considered probable that future economic benefits will flow to the Group. The Group’s view is that a high degree of confidence is greater than “more likely than not” (that is, greater than 50% certainty) and less than “virtually certain” (that is, less than 90% certainty).</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assessing whether there is a high degree of confidence that the Group will ultimately determine that an evaluation project is commercially viable requires judgment and consideration of all relevant factors such as the nature and objective of the project; the project’s current stage; project timeline; current estimates of the project’s net present value, including sensitivity analyses for the key assumptions; and the main risks of the project. Development expenditure incurred prior to the decision to proceed is subject to the same criteria for capitalisation, being a high degree of confidence that the Group will ultimately determine that a project is commercially viable. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, undeveloped projects are regarded as successors to orebodies, smelters or refineries currently in production. Where this is the case, it is intended that these will be developed and go into production when the current source of ore is exhausted or when existing smelters or refineries are closed. Ore reserves may be declared for an undeveloped mining project before its commercial viability has been fully determined. Evaluation costs may continue to be capitalised in between declaration of ore reserves and approval to mine as further work is undertaken in order to refine the development case to maximise the project’s returns.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contract-based intangible assets </span></div>The majority of the carrying value of our contract-based intangible assets relate to water rights in the Quebec region. These contribute to the efficiency and cost effectiveness of our aluminium operations as they enable us to generate electricity from hydropower stations.
CY2022 ifrs-full Disclosure Of Reconciliation Of Changes In Goodwill Explanatory
DisclosureOfReconciliationOfChangesInGoodwillExplanatory
Goodwill is not amortised; it is tested annually at 30 September for impairment or more frequently if events or changes in circumstances indicate a potential impairment, refer to note 4 for further information.<div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">946 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(53)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(67)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">826 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,974 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,987 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated impairment</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,148)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16,108)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,987 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17,341 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated impairment</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16,108)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16,395)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At 31 December, goodwill has been allocated as follows:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Richards Bay Minerals</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">405 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">428 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pilbara</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">337 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">362 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dampier Salt</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">84 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">826 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2021Q4 ifrs-full Goodwill
Goodwill
879000000 usd
CY2020Q4 ifrs-full Goodwill
Goodwill
946000000 usd
CY2022 ifrs-full Increase Decrease Through Net Exchange Differences Goodwill
IncreaseDecreaseThroughNetExchangeDifferencesGoodwill
-53000000 usd
CY2021 ifrs-full Increase Decrease Through Net Exchange Differences Goodwill
IncreaseDecreaseThroughNetExchangeDifferencesGoodwill
-67000000 usd
CY2022Q4 ifrs-full Goodwill
Goodwill
826000000 usd
CY2021Q4 ifrs-full Goodwill
Goodwill
879000000 usd
CY2022Q4 ifrs-full Goodwill
Goodwill
826000000 usd
CY2021Q4 ifrs-full Goodwill
Goodwill
879000000 usd
CY2022 ifrs-full Disclosure Of Intangible Assets Explanatory
DisclosureOfIntangibleAssetsExplanatory
<div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">12     Intangible assets</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement - Intangible assets</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchased intangible assets are initially recorded at cost. Finite-life intangible assets are amortised over their useful economic lives on a straight line or units of production basis, as appropriate. Intangible assets that are deemed to have indefinite lives and intangible assets that are not yet ready for use are not amortised; they are reviewed annually for impairment or more frequently if events or changes in circumstances indicate a potential impairment.</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The majority of our intangible assets relate to capitalised exploration and evaluation spend and contract-based water rights. The water rights were acquired with Alcan in Canada.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Exploration and evaluation</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Evaluation expenditure relates to a detailed assessment of deposits or other projects (including smelter and refinery projects) that have been identified as having economic potential. Capitalisation of evaluation expenditure commences when there is a high degree of confidence that the Group will determine that a project is commercially viable; that is, the project will provide a satisfactory return relative to its perceived risks, and therefore it is considered probable that future economic benefits will flow to the Group. The Group’s view is that a high degree of confidence is greater than “more likely than not” (that is, greater than 50% certainty) and less than “virtually certain” (that is, less than 90% certainty).</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assessing whether there is a high degree of confidence that the Group will ultimately determine that an evaluation project is commercially viable requires judgment and consideration of all relevant factors such as the nature and objective of the project; the project’s current stage; project timeline; current estimates of the project’s net present value, including sensitivity analyses for the key assumptions; and the main risks of the project. Development expenditure incurred prior to the decision to proceed is subject to the same criteria for capitalisation, being a high degree of confidence that the Group will ultimately determine that a project is commercially viable. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, undeveloped projects are regarded as successors to orebodies, smelters or refineries currently in production. Where this is the case, it is intended that these will be developed and go into production when the current source of ore is exhausted or when existing smelters or refineries are closed. Ore reserves may be declared for an undeveloped mining project before its commercial viability has been fully determined. Evaluation costs may continue to be capitalised in between declaration of ore reserves and approval to mine as further work is undertaken in order to refine the development case to maximise the project’s returns.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contract-based intangible assets </span></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The majority of the carrying value of our contract-based intangible assets relate to water rights in the Quebec region. These contribute to the efficiency and cost effectiveness of our aluminium operations as they enable us to generate electricity from hydropower stations. </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Assessment of indefinite-lived water rights in Quebec, Canada</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We continue to judge the water rights in Quebec to have an indefinite life because we expect the contractual rights to contribute to the efficiency and cost effectiveness of our operations for the foreseeable future. Accordingly, the rights are not subject to amortisation but are tested annually for impairment. We have no other indefinite-lived assets.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The remaining carrying value of the water rights of US$1,693 million (included in contract based assets) as at 31 December 2022 (31 December 2021: US$1,796 million) relates wholly to the Quebec smelters cash-generating unit (CGU). The Quebec smelters CGU was tested for impairment by reference to FVLCD using discounted cash flows. The recoverable amount of the Quebec smelters is classified as level 3 under the fair value hierarchy. In arriving at FVLCD, post-tax cash flows expressed in real terms have been estimated over the expected useful economic lives of the underlying smelting assets and discounted using a real post-tax discount rate of 6.6% (2021: 6.6%).</span></div><div style="margin-bottom:5pt"><span style="background-color:#e3e9e6;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The recoverable amounts were determined to be significantly in excess of carrying value, and there are no reasonably possible changes in key assumptions that would cause the remaining water rights to be impaired.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"><span id="ib093ae0f7f664318b346a05b616621f7_0-0-1-1-1777074"/></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Water rights</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">To manage the uncertainties of climate change and our impact on the area, our team of hydrologists in Quebec analyse different weather scenarios on a daily basis. We monitor the water resource available to us along with the impact our operation is having on the water quality and quantity and on the environment when we return the water following use. Based on our analysis to date we do not consider the renewal of our contractual water rights to be at risk from climate change for the foreseeable future.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:50.905%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.503%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Exploration<br/>and <br/>evaluation<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks, patented and non-patented technology<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Contract-based intangible<br/>assets<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other <br/>intangible <br/>assets<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2022</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">363 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,008 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">439 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,832 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(22)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(114)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(24)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(162)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expenditure during the year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">207 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">106 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">318 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortisation for the year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(137)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(159)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment reversal</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Subsidiaries no longer consolidated</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(150)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(150)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Newly consolidated operations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">822 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">822 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals, transfers and other movements</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,368 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,875 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">390 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,645 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,030 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,908 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,732 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,881 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated amortisation and impairment</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,662)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(199)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,033)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,342)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,236)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:50.905%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.503%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Exploration</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">evaluation</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks, patented and non-patented technology<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Contract-based intangible</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">assets</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>intangible <br/>assets<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2021</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">271 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,994 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">457 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,755 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(48)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expenditure during the year</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">225 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortisation for the year</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(154)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(178)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals, transfers and other movements</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">35 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">78 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">363 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,008 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">439 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,832 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,513 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">220 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,089 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,725 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,547 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated amortisation and impairment</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,150)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(198)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,081)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,286)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,715)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">The impairment reversal and disposal relates to our sale of the Roughrider uranium development project, refer to note 4.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.11pt">The acquisition relates to our purchase of Rincon, a lithium project in Argentina, refer to note 5. </span></div><div><span><br/></span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where amortisation is calculated on a straight line basis, the following useful lives have been determined: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:13.799%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.086%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks, patented and non-patented technology</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Contract-based intangible assets</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other intangible assets</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Type of intangible</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Patented and <br/>non-patented technology</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Power contracts/water rights</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other purchase and customer contracts</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Internally generated intangible assets and computer software</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other intangible assets</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortisation profile</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> 14 to 20 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 to 20 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 to 45 years </span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 to 15 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> 2 to 5 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 to 20 years</span></div></td></tr></table></div>
CY2022 ifrs-full Disclosure Of Detailed Information About Intangible Assets Explanatory
DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory
<div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:50.905%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.503%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Exploration<br/>and <br/>evaluation<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks, patented and non-patented technology<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Contract-based intangible<br/>assets<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other <br/>intangible <br/>assets<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2022</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">363 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,008 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">439 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,832 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(22)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(114)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(24)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(162)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expenditure during the year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">207 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">106 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">318 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortisation for the year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(137)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(159)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment reversal</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">150 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Subsidiaries no longer consolidated</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(150)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(150)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Newly consolidated operations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">822 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">822 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals, transfers and other movements</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,368 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,875 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">390 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,645 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,030 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,908 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,732 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,881 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated amortisation and impairment</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,662)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(199)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,033)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,342)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,236)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:50.905%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.503%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Exploration</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">evaluation</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks, patented and non-patented technology<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Contract-based intangible</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">assets</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>intangible <br/>assets<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2021</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">271 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,994 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">457 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,755 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(48)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expenditure during the year</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">225 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortisation for the year</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(154)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(178)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals, transfers and other movements</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">35 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">78 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">363 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,008 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">439 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,832 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,513 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">220 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,089 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,725 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,547 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated amortisation and impairment</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,150)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(198)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,081)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,286)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,715)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">The impairment reversal and disposal relates to our sale of the Roughrider uranium development project, refer to note 4.</span></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.11pt">The acquisition relates to our purchase of Rincon, a lithium project in Argentina, refer to note 5. </span></div><div><span><br/></span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where amortisation is calculated on a straight line basis, the following useful lives have been determined: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:13.799%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.083%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.086%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks, patented and non-patented technology</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Contract-based intangible assets</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other intangible assets</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Type of intangible</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Trademarks</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Patented and <br/>non-patented technology</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Power contracts/water rights</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other purchase and customer contracts</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Internally generated intangible assets and computer software</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other intangible assets</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortisation profile</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> 14 to 20 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 to 20 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 to 45 years </span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 to 15 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> 2 to 5 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 to 20 years</span></div></td></tr></table></div>
CY2021Q4 ifrs-full Intangible Assets Other Than Goodwill
IntangibleAssetsOtherThanGoodwill
2832000000 usd
CY2022 ifrs-full Increase Decrease Through Net Exchange Differences Intangible Assets Other Than Goodwill
IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill
-162000000 usd
CY2022 ifrs-full Additions Other Than Through Business Combinations Intangible Assets Other Than Goodwill
AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill
318000000 usd
CY2022 ifrs-full Amortisation Intangible Assets Other Than Goodwill
AmortisationIntangibleAssetsOtherThanGoodwill
159000000 usd
CY2022 ifrs-full Reversal Of Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill
ReversalOfImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill
150000000 usd
CY2022 ifrs-full Disposals Intangible Assets And Goodwill
DisposalsIntangibleAssetsAndGoodwill
150000000 usd
CY2022 ifrs-full Acquisitions Through Business Combinations Intangible Assets And Goodwill
AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill
822000000 usd
CY2022 ifrs-full Increase Decrease Through Transfers And Other Changes Intangible Assets And Goodwill
IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill
-6000000 usd
CY2022Q4 ifrs-full Intangible Assets Other Than Goodwill
IntangibleAssetsOtherThanGoodwill
3645000000 usd
CY2020Q4 ifrs-full Intangible Assets Other Than Goodwill
IntangibleAssetsOtherThanGoodwill
2755000000 usd
CY2021 ifrs-full Increase Decrease Through Net Exchange Differences Intangible Assets Other Than Goodwill
IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill
-48000000 usd
CY2021 ifrs-full Additions Other Than Through Business Combinations Intangible Assets Other Than Goodwill
AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill
225000000 usd
CY2021 ifrs-full Amortisation Intangible Assets Other Than Goodwill
AmortisationIntangibleAssetsOtherThanGoodwill
178000000 usd
CY2021 ifrs-full Increase Decrease Through Transfers And Other Changes Intangible Assets And Goodwill
IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill
78000000 usd
CY2021Q4 ifrs-full Intangible Assets Other Than Goodwill
IntangibleAssetsOtherThanGoodwill
2832000000 usd
CY2022 ifrs-full Disclosure Of Property Plant And Equipment Explanatory
DisclosureOfPropertyPlantAndEquipmentExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">13     Property, plant and equipment</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is stated at cost, as defined in IAS 16, less accumulated depreciation and accumulated impairment losses. The cost of property, plant and equipment includes, where applicable, the estimated close-down and restoration costs associated with the asset. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment includes right of use assets arising from leasing arrangements, shown separately from owned and leasehold assets. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Once an undeveloped mining project has been determined as commercially viable and approval to mine has been given, expenditure other than that on land, buildings, plant, equipment and capital work in progress is capitalised under “Mining properties and leases” together with any amount transferred from “Exploration and evaluation”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Costs incurred while commissioning new assets, in the period before they are capable of operating in the manner intended by management, are capitalised unless associated with pre-production revenue (refer to page <a href="#i4e1fde2b483e4a95b74bd78074955f5c_125" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">155</a>). Development costs incurred after the commencement of production are capitalised to the extent they are expected to give rise to a future economic benefit. Interest on borrowings related to construction or development projects is capitalised, at the rate payable on project-specific debt if applicable or at the Group or subsidiary’s cost of borrowing if not.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">This is performed until the point when substantially all the activities that are necessary to make the asset ready for its intended use are complete. It may be appropriate to use a subsidiary’s cost of borrowing when the debt was negotiated based on the financing requirements of that subsidiary. </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Depreciation of non-current assets </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is depreciated over its useful life, or over the remaining life of the mine, smelter or refinery if that is shorter and there is no reasonable alternative use for the asset by the Group. Depreciation commences when an asset is available for use. Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis as follows: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:17.238%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.234%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Type of Property, plant and equipment</span></td><td colspan="3" style="display:none"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land and Buildings</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant and equipment</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital work in progress</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Buildings</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Power assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other plant and equipment</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation profile</span></td><td colspan="3" style="display:none"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See Power note below</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The useful lives and residual values for material assets and categories of assets are reviewed annually and changes are reflected prospectively. </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Units of production basis</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For mining properties and leases and certain mining equipment, consumption of the economic benefits of the asset is linked to production. Except as noted below, these assets are depreciated on the units of production basis. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In applying the units of production method, depreciation is normally calculated based on production in the period as a percentage of total expected production in current and future periods based on ore reserves and, for some mines, other mineral resources. Other mineral resources may be included in the calculations of total expected production in limited circumstances where there are very large areas of contiguous mineralisation, for which the economic viability is not sensitive to likely variations in grade, as may be the case for certain iron ore, bauxite and industrial mineral deposits, and where there is a high degree of confidence that the other mineral resources can be extracted economically. This would be the case when the other mineral resources do not yet have the status of ore reserves merely because the necessary detailed evaluation work has not yet been performed and the responsible technical personnel agree that inclusion of a proportion of measured and indicated resources in the calculation of total expected production is appropriate based on historical reserve conversion rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The required level of confidence is unlikely to exist for minerals that are typically found in low-grade ore (as compared with the above), such as copper or gold. In these cases, specific areas of mineralisation have to be evaluated in detail before their economic status can be predicted with confidence. </span></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sometimes the calculation of depreciation for infrastructure assets, primarily rail and port, considers measured and indicated resources. This is because the asset can benefit current and future mines. The measured and indicated resource may relate to mines which are currently in production or to mines where there is a high degree of confidence that they will be brought into production in the future. The quantum of mineral resources is determined taking into account future capital costs as required by the JORC code. The depreciation calculation, however, applies to current mines only and does not take into account future development costs for mines which are not yet in production. Measured and indicated resources are currently incorporated into depreciation calculations in the Group’s Australian iron ore business.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Estimation of asset lives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The useful lives of the major assets of a cash-generating unit are often dependent on the life of the orebody to which they relate. Where this is the case, the lives of mining properties, and their associated refineries, concentrators and other long-lived processing equipment are generally limited to the expected life of the orebody. The life of the orebody, in turn, is estimated on the basis of the life-of-mine plan. Where the major assets of a cash-generating unit are not dependent on the life of a related orebody, management applies judgment in estimating the remaining service potential of long-lived assets. Factors affecting the remaining service potential of smelters include, for example, smelter technology and electricity purchase contracts when power is not sourced from the Group, or in some cases from local governments permitting electricity generation from hydro-power stations. </span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"><span id="if3cd2860e176462f9a97ad98ea28197f_0-0-1-1-1777078"/></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Estimation of asset lives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We expect there to be a higher demand for copper, aluminium, lithium and high grade iron ore in order to meet demand for the minerals required to transition to a low carbon economic environment, consistent with the climate change commitments of the Paris Agreement. We expect this to exceed new supply to the market and therefore increase prices. Under the Aspirational Leadership scenario, the economic cut-off grade for our Ore Reserves is expected to be lower; in effect we would mine a greater volume of material before the mines are depleted. We cannot quantify the difference this would make without undue cost as it would require revised mine plans, but for property, plant and equipment this increased volume of material would reduce the depreciation charge for assets that use the ‘Units of production’ depreciation method.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Straight line basis</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis.</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Deferred stripping</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In open pit mining operations, overburden and other waste materials must be removed to access ore from which minerals can be extracted economically. The process of removing overburden and waste materials is referred to as stripping. During the development of a mine (or, in some instances, pit; see below), before production commences, stripping costs related to a component of an orebody are capitalised as part of the cost of construction of the mine (or pit). These are then amortised over the life of the mine (or pit) on a units of production basis. </span></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where a mine operates several open pits that are regarded as separate operations for the purpose of mine planning, initial stripping costs are accounted for separately by reference to the ore from each separate pit. If, however, the pits are highly integrated for the purpose of mine planning, the second and subsequent pits are regarded as extensions of the first pit in accounting for stripping costs. In such cases, the initial stripping (such as overburden and other waste removal) of the second and subsequent pits is considered to be production phase stripping (see below).</span></div><div style="margin-bottom:5pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Deferral of stripping costs</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We apply judgment as to whether multiple pits at a mine are considered separate or integrated operations. This determines whether the stripping activities of a pit are classified as pre-production or production phase stripping and, therefore, the amortisation base for those costs. The analysis depends on each mine’s specific circumstances and requires judgment: another mining company could make a different judgment even when the fact pattern appears to be similar. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The following factors would point towards the initial stripping costs for the individual pits being accounted for separately: </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If mining of the second and subsequent pits is conducted consecutively following that of the first pit, rather than concurrently; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If separate investment decisions are made to develop each pit, rather than a single investment decision being made at the outset; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If the pits are operated as separate units in terms of mine planning and the sequencing of overburden removal and ore mining, rather than as an integrated unit; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If expenditures for additional infrastructure to support the second and subsequent pits are relatively large; and </span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If the pits extract ore from separate and distinct orebodies, rather than from a single orebody. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">If the designs of the second and subsequent pits are significantly influenced by opportunities to optimise output from several pits combined, including the co-treatment or blending of the output from the pits, then this would point to treatment as an integrated operation for the purposes of accounting for initial stripping costs. The relative importance of each of the above factors is considered in each case. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In order for production phase stripping costs to qualify for capitalisation as a stripping activity asset, three criteria must be met: </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be probable that there will be an economic benefit in a future accounting period because the stripping activity has improved access to the orebody; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be possible to identify the “component” of the orebody for which access has been improved; and </span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be possible to reliably measure the costs that relate to the stripping activity. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A “component” is a specific section of the orebody that is made more accessible by the stripping activity. It will typically be a subset of the larger orebody that is distinguished by a separate useful economic life (for example, a pushback). </span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">13     Property, plant and equipment</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.780%"><tr><td style="width:1.0%"/><td style="width:15.399%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.735%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Phase</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Development Phase</span></td><td colspan="6" style="border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Production Phase</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stripping activity </span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Overburden and other waste removal during the development of a mine before production commences.</span></td><td colspan="6" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Production phase stripping can give access to two benefits: the extraction of ore in the current period and improved access to ore which will be extracted in future periods.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Period of benefit</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After commissioning of the mine.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Future periods after first phase is complete.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current and future benefit are indistinguishable.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capitalised to mining properties and leases in property, plant and equipment</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">During the development of a mine, stripping costs relating to a component of an orebody are capitalised as part of the cost of construction of the mine.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">It may be the case that subsequent phases of stripping will access additional ore and that these subsequent phases are only possible after the first phase has taken place. Where applicable, the Group considers this on a mine-by-mine basis. Generally, the only ore attributed to the stripping activity asset for the purposes of calculating the life-of-component ratio is the ore to be extracted from the originally identified component.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stripping costs for the component are deferred to the extent that the current period ratio exceeds the life-of-component ratio.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Allocation to inventory</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable</span></td><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable</span></td><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The stripping cost is allocated to inventory based on a relevant production measure using a life-of-component strip ratio. The ratio divides the tonnage of waste mined for the component for the period either by the quantity of ore mined for the component or by the quantity of minerals contained in the ore mined for the component. In some operations, the quantity of ore is a more appropriate basis for allocating costs, particularly when there are significant by-products.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Component</span></td><td colspan="9" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A “component” is a specific section of the orebody that is made more accessible by the stripping activity. It will typically be a subset of the larger orebody that is distinguished by a separate useful economic life (for example, a pushback).</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Life-of-component ratio</span></td><td colspan="9" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The life-of-component ratios are based on the ore reserves of the mine (and for some mines, other mineral resources) and the annual mine plan; they are a function of the mine design and, therefore, changes to that design will generally result in changes to the ratios. Changes in other technical or economic parameters that impact the ore reserves (and for some mines, other mineral resources) may also have an impact on the life-of-component ratios even if they do not affect the mine design. Changes to the ratios are accounted for prospectively.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation basis</span></td><td colspan="9" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciated on a “units of production” basis based on expected production of either ore or minerals contained in the ore over the life of the component unless another method is more appropriate.</span></td></tr></table></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment includes both owned and leased assets.</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Property, plant and equipment – owned</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,731 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Right of use assets – leased</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,003 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,134 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64,734 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64,927 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Property, plant and equipment – Owned</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Mining</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">properties</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and leases</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital<br/>works in<br/>progress<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,817 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,995 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,453 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,528 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(436)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(344)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,870)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(311)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,961)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to capitalised closure costs</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest capitalised</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">416 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">416 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">360 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">304 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,111 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,732 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,507 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(891)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(433)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,171)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,495)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(38)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(46)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Newly consolidated operations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">162 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,177 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,922 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,270)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,529 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,699 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34,407 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,096 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,731 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,263 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,805 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">74,562 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,118 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">125,748 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated depreciation and impairment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,734)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,106)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40,155)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,022)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(62,017)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets pledged as security</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,602 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">491 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,113 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,876 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,082 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Mining </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">properties</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and leases</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">buildings</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant <br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital <br/>works in<br/>progress <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total <br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,173 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,369 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32,754 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,711 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62,007 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(385)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,097)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(259)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,935)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to capitalised closure costs</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest capitalised</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">227 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">70 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,841 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,337 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,475 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(736)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(390)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,061)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,187)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment charges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(66)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(195)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(90)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(117)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">224 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,301 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,606)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,817 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,995 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,453 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,528 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,114 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,031 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73,415 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,661 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">125,221 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated depreciation and impairment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,297)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,036)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(39,962)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,133)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(61,428)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets pledged as security</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,637 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">457 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,196 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,621 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,911 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">At 31 December 2022, the net book value of capitalised production phase stripping costs totalled US$2,497 million, with US$2,038 million within “Property, plant and equipment” and a further US$460 million within “Investments in equity accounted units” (2021: total of US$2,432 million, with US$2,017 million in “Property, plant and equipment” and a further US$415 million within “Investments in equity accounted units”). During the year, capitalisation of US$411 million was partly offset by depreciation of US$331 million (including amounts recorded within equity accounted units). Depreciation of deferred stripping costs in respect of subsidiaries of US$246 million (2021: US$201 million; 2020: US$145 million) is included within “Depreciation for the year”. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Adjustment on currency translation represents the impact of exchange differences arising on the translation of the assets of entities with functional currencies other than the US dollar, recognised directly in the currency translation reserve. The adjustment in 2022 arose primarily from the weakening of the Australian dollar against the US dollar. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Our average borrowing rate, excluding any project finance, used for capitalisation of interest is 5.60% (2021: 3.40%). </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span id="i195b13a216f44d3b9a979cbccc50e3ec_1177"/><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">US$0.1 billion of additions to “Property, plant and equipment” relates to capital spend on carbon abatement in 2022.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">In 2022, the acquisition relates to our purchase of Rincon, a lithium project in Argentina, refer to note 5. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">“Transfers and other movements” includes reclassifications between categories. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Excludes assets held under capitalised lease arrangements. Non-current assets pledged as security represent amounts pledged as collateral against US$3,965 million (2021: US$4,403 million) of loans, which are included in note 20. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(h)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.39pt">In 2021, the impairment charges related to our Kitimat smelter in Canada, refer to note 4. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span><br/></span></div><div style="margin-bottom:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.780%"><tr><td style="width:0.1%"/><td style="width:1.378%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:50.980%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.382%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:114pt"><td colspan="3" rowspan="5" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="15" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:middle"><span id="ifd02bd1f8dfa476d8b3a8aa3d0f3c7c5_1-1-1-5-1648793"/><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Useful economic lives of our power generating assets</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has committed to reducing scope 1 and scope 2 carbon emissions by 50% relative to our 2018 baseline by 2030 and achieving net zero emission across our operations by 2050. We expect to spend US$7.5 billion between 2022 and 2030. Transitioning electricity from principally fossil fuel-based power generating assets to principally renewables is critical to achieving that goal. The carrying value of power generating assets is set out in the table below. The weighted average remaining useful economic life of plant and equipment for fossil fuel-based power generating assets is 13 years (2021:14 years). Given the technical limitations of intermittent renewable energy generation and energy storage systems, and our need for reliable baseload electricity, we expect our current generation assets will be integral to those needs for the foreseeable future. We are investing in research and development and evaluating new market options that may overcome these technical challenges. Should pathways for eliminating fossil fuel power generating assets be identified we may need to accelerate depreciation or impair the assets; </span><span style="color:#353534;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:700;line-height:120%">however, at this present moment the requirement for fossil fuel powered back-up means that early retirement of the assets is not expected.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:33pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fossil fuels</span></td><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">882 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">952 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Renewables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">198 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,352 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">195 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,541 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="15" style="background-color:#cbe6ce;border-top:1pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">The increase of US$0.8 billion in renewable plant &amp; equipment, is attributable to the Kemano T2 hydropower project, following the completion of a second tunnel to supply water to the Kemano hydropower facility in 2022. This project will ensure the long-term, sustainable production of low-carbon aluminium at our smelter in Kitimat.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">13     Property, plant and equipment</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Right-of-use assets – Leased</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Land and<br/>buildings<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Plant and<br/>equipment<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2022</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">515 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">488 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,003 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2021</span></td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">549 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">585 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,134 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions for the year</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2022</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">49 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">254 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">303 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2021</span></td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">135 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">407 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">542 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year (included within operating costs)</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2022</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(61)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(295)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(356)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2021</span></td><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(81)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(251)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(332)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The leased assets of the Group include land and buildings (mainly office buildings) and plant and equipment, the majority of which are marine vessels. Lease terms are negotiated on an individual basis and contain a wide range of terms and conditions. Right of use assets are depreciated on a straight line basis over the life of the lease, taking into account any extensions that are likely to be enacted.</span></div>
CY2022 ifrs-full Description Of Accounting Policy For Property Plant And Equipment Explanatory
DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is stated at cost, as defined in IAS 16, less accumulated depreciation and accumulated impairment losses. The cost of property, plant and equipment includes, where applicable, the estimated close-down and restoration costs associated with the asset. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment includes right of use assets arising from leasing arrangements, shown separately from owned and leasehold assets. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Once an undeveloped mining project has been determined as commercially viable and approval to mine has been given, expenditure other than that on land, buildings, plant, equipment and capital work in progress is capitalised under “Mining properties and leases” together with any amount transferred from “Exploration and evaluation”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Costs incurred while commissioning new assets, in the period before they are capable of operating in the manner intended by management, are capitalised unless associated with pre-production revenue (refer to page <a href="#i4e1fde2b483e4a95b74bd78074955f5c_125" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">155</a>). Development costs incurred after the commencement of production are capitalised to the extent they are expected to give rise to a future economic benefit. Interest on borrowings related to construction or development projects is capitalised, at the rate payable on project-specific debt if applicable or at the Group or subsidiary’s cost of borrowing if not.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">This is performed until the point when substantially all the activities that are necessary to make the asset ready for its intended use are complete. It may be appropriate to use a subsidiary’s cost of borrowing when the debt was negotiated based on the financing requirements of that subsidiary. </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Depreciation of non-current assets </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is depreciated over its useful life, or over the remaining life of the mine, smelter or refinery if that is shorter and there is no reasonable alternative use for the asset by the Group. Depreciation commences when an asset is available for use. Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis as follows: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:17.238%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.234%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Type of Property, plant and equipment</span></td><td colspan="3" style="display:none"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land and Buildings</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant and equipment</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital work in progress</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Buildings</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Power assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other plant and equipment</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation profile</span></td><td colspan="3" style="display:none"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See Power note below</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The useful lives and residual values for material assets and categories of assets are reviewed annually and changes are reflected prospectively. </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Units of production basis</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For mining properties and leases and certain mining equipment, consumption of the economic benefits of the asset is linked to production. Except as noted below, these assets are depreciated on the units of production basis. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In applying the units of production method, depreciation is normally calculated based on production in the period as a percentage of total expected production in current and future periods based on ore reserves and, for some mines, other mineral resources. Other mineral resources may be included in the calculations of total expected production in limited circumstances where there are very large areas of contiguous mineralisation, for which the economic viability is not sensitive to likely variations in grade, as may be the case for certain iron ore, bauxite and industrial mineral deposits, and where there is a high degree of confidence that the other mineral resources can be extracted economically. This would be the case when the other mineral resources do not yet have the status of ore reserves merely because the necessary detailed evaluation work has not yet been performed and the responsible technical personnel agree that inclusion of a proportion of measured and indicated resources in the calculation of total expected production is appropriate based on historical reserve conversion rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The required level of confidence is unlikely to exist for minerals that are typically found in low-grade ore (as compared with the above), such as copper or gold. In these cases, specific areas of mineralisation have to be evaluated in detail before their economic status can be predicted with confidence. </span></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sometimes the calculation of depreciation for infrastructure assets, primarily rail and port, considers measured and indicated resources. This is because the asset can benefit current and future mines. The measured and indicated resource may relate to mines which are currently in production or to mines where there is a high degree of confidence that they will be brought into production in the future. The quantum of mineral resources is determined taking into account future capital costs as required by the JORC code. The depreciation calculation, however, applies to current mines only and does not take into account future development costs for mines which are not yet in production. Measured and indicated resources are currently incorporated into depreciation calculations in the Group’s Australian iron ore business.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Estimation of asset lives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The useful lives of the major assets of a cash-generating unit are often dependent on the life of the orebody to which they relate. Where this is the case, the lives of mining properties, and their associated refineries, concentrators and other long-lived processing equipment are generally limited to the expected life of the orebody. The life of the orebody, in turn, is estimated on the basis of the life-of-mine plan. Where the major assets of a cash-generating unit are not dependent on the life of a related orebody, management applies judgment in estimating the remaining service potential of long-lived assets. Factors affecting the remaining service potential of smelters include, for example, smelter technology and electricity purchase contracts when power is not sourced from the Group, or in some cases from local governments permitting electricity generation from hydro-power stations. </span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"><span id="if3cd2860e176462f9a97ad98ea28197f_0-0-1-1-1777078"/></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Estimation of asset lives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We expect there to be a higher demand for copper, aluminium, lithium and high grade iron ore in order to meet demand for the minerals required to transition to a low carbon economic environment, consistent with the climate change commitments of the Paris Agreement. We expect this to exceed new supply to the market and therefore increase prices. Under the Aspirational Leadership scenario, the economic cut-off grade for our Ore Reserves is expected to be lower; in effect we would mine a greater volume of material before the mines are depleted. We cannot quantify the difference this would make without undue cost as it would require revised mine plans, but for property, plant and equipment this increased volume of material would reduce the depreciation charge for assets that use the ‘Units of production’ depreciation method.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Straight line basis</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis.</span></div>
CY2022 ifrs-full Disclosure Of Detailed Information About Property Plant And Equipment Explanatory
DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is depreciated over its useful life, or over the remaining life of the mine, smelter or refinery if that is shorter and there is no reasonable alternative use for the asset by the Group. Depreciation commences when an asset is available for use. Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis as follows: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:17.238%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.234%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Type of Property, plant and equipment</span></td><td colspan="3" style="display:none"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land and Buildings</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant and equipment</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital work in progress</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Buildings</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Power assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other plant and equipment</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation profile</span></td><td colspan="3" style="display:none"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See Power note below</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Mining</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">properties</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and leases</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital<br/>works in<br/>progress<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,817 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,995 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,453 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,528 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(436)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(344)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,870)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(311)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,961)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to capitalised closure costs</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest capitalised</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">416 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">416 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">360 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">304 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,111 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,732 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,507 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(891)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(433)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,171)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,495)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(38)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(46)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Newly consolidated operations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">162 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,177 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,922 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,270)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,529 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,699 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34,407 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,096 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,731 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,263 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,805 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">74,562 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,118 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">125,748 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated depreciation and impairment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,734)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,106)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40,155)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,022)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(62,017)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets pledged as security</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,602 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">491 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,113 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,876 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,082 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Mining </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">properties</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and leases</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">buildings</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant <br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital <br/>works in<br/>progress <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total <br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,173 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,369 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32,754 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,711 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62,007 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(385)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,097)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(259)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,935)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to capitalised closure costs</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest capitalised</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">227 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">70 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,841 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,337 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,475 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(736)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(390)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,061)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,187)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment charges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(66)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(195)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(90)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(117)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">224 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,301 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,606)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,817 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,995 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,453 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,528 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,114 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,031 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73,415 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,661 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">125,221 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated depreciation and impairment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,297)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,036)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(39,962)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,133)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(61,428)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets pledged as security</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,637 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">457 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,196 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,621 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,911 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">At 31 December 2022, the net book value of capitalised production phase stripping costs totalled US$2,497 million, with US$2,038 million within “Property, plant and equipment” and a further US$460 million within “Investments in equity accounted units” (2021: total of US$2,432 million, with US$2,017 million in “Property, plant and equipment” and a further US$415 million within “Investments in equity accounted units”). During the year, capitalisation of US$411 million was partly offset by depreciation of US$331 million (including amounts recorded within equity accounted units). Depreciation of deferred stripping costs in respect of subsidiaries of US$246 million (2021: US$201 million; 2020: US$145 million) is included within “Depreciation for the year”. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Adjustment on currency translation represents the impact of exchange differences arising on the translation of the assets of entities with functional currencies other than the US dollar, recognised directly in the currency translation reserve. The adjustment in 2022 arose primarily from the weakening of the Australian dollar against the US dollar. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Our average borrowing rate, excluding any project finance, used for capitalisation of interest is 5.60% (2021: 3.40%). </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span id="i195b13a216f44d3b9a979cbccc50e3ec_1177"/><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">US$0.1 billion of additions to “Property, plant and equipment” relates to capital spend on carbon abatement in 2022.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">In 2022, the acquisition relates to our purchase of Rincon, a lithium project in Argentina, refer to note 5. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">“Transfers and other movements” includes reclassifications between categories. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Excludes assets held under capitalised lease arrangements. Non-current assets pledged as security represent amounts pledged as collateral against US$3,965 million (2021: US$4,403 million) of loans, which are included in note 20. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(h)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.39pt">In 2021, the impairment charges related to our Kitimat smelter in Canada, refer to note 4. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span><br/></span></div><div style="margin-bottom:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.780%"><tr><td style="width:0.1%"/><td style="width:1.378%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:50.980%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.382%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:114pt"><td colspan="3" rowspan="5" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="15" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:middle"><span id="ifd02bd1f8dfa476d8b3a8aa3d0f3c7c5_1-1-1-5-1648793"/><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Useful economic lives of our power generating assets</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has committed to reducing scope 1 and scope 2 carbon emissions by 50% relative to our 2018 baseline by 2030 and achieving net zero emission across our operations by 2050. We expect to spend US$7.5 billion between 2022 and 2030. Transitioning electricity from principally fossil fuel-based power generating assets to principally renewables is critical to achieving that goal. The carrying value of power generating assets is set out in the table below. The weighted average remaining useful economic life of plant and equipment for fossil fuel-based power generating assets is 13 years (2021:14 years). Given the technical limitations of intermittent renewable energy generation and energy storage systems, and our need for reliable baseload electricity, we expect our current generation assets will be integral to those needs for the foreseeable future. We are investing in research and development and evaluating new market options that may overcome these technical challenges. Should pathways for eliminating fossil fuel power generating assets be identified we may need to accelerate depreciation or impair the assets; </span><span style="color:#353534;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:700;line-height:120%">however, at this present moment the requirement for fossil fuel powered back-up means that early retirement of the assets is not expected.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:33pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fossil fuels</span></td><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">882 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">952 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Renewables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">198 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,352 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">195 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,541 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="15" style="background-color:#cbe6ce;border-top:1pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">The increase of US$0.8 billion in renewable plant &amp; equipment, is attributable to the Kemano T2 hydropower project, following the completion of a second tunnel to supply water to the Kemano hydropower facility in 2022. This project will ensure the long-term, sustainable production of low-carbon aluminium at our smelter in Kitimat.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div>
CY2022 ifrs-full Description Of Accounting Policy For Stripping Costs Explanatory
DescriptionOfAccountingPolicyForStrippingCostsExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Deferred stripping</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In open pit mining operations, overburden and other waste materials must be removed to access ore from which minerals can be extracted economically. The process of removing overburden and waste materials is referred to as stripping. During the development of a mine (or, in some instances, pit; see below), before production commences, stripping costs related to a component of an orebody are capitalised as part of the cost of construction of the mine (or pit). These are then amortised over the life of the mine (or pit) on a units of production basis. </span></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where a mine operates several open pits that are regarded as separate operations for the purpose of mine planning, initial stripping costs are accounted for separately by reference to the ore from each separate pit. If, however, the pits are highly integrated for the purpose of mine planning, the second and subsequent pits are regarded as extensions of the first pit in accounting for stripping costs. In such cases, the initial stripping (such as overburden and other waste removal) of the second and subsequent pits is considered to be production phase stripping (see below).</span></div><div style="margin-bottom:5pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Deferral of stripping costs</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We apply judgment as to whether multiple pits at a mine are considered separate or integrated operations. This determines whether the stripping activities of a pit are classified as pre-production or production phase stripping and, therefore, the amortisation base for those costs. The analysis depends on each mine’s specific circumstances and requires judgment: another mining company could make a different judgment even when the fact pattern appears to be similar. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The following factors would point towards the initial stripping costs for the individual pits being accounted for separately: </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If mining of the second and subsequent pits is conducted consecutively following that of the first pit, rather than concurrently; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If separate investment decisions are made to develop each pit, rather than a single investment decision being made at the outset; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If the pits are operated as separate units in terms of mine planning and the sequencing of overburden removal and ore mining, rather than as an integrated unit; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If expenditures for additional infrastructure to support the second and subsequent pits are relatively large; and </span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If the pits extract ore from separate and distinct orebodies, rather than from a single orebody. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">If the designs of the second and subsequent pits are significantly influenced by opportunities to optimise output from several pits combined, including the co-treatment or blending of the output from the pits, then this would point to treatment as an integrated operation for the purposes of accounting for initial stripping costs. The relative importance of each of the above factors is considered in each case. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In order for production phase stripping costs to qualify for capitalisation as a stripping activity asset, three criteria must be met: </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be probable that there will be an economic benefit in a future accounting period because the stripping activity has improved access to the orebody; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be possible to identify the “component” of the orebody for which access has been improved; and </span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be possible to reliably measure the costs that relate to the stripping activity. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A “component” is a specific section of the orebody that is made more accessible by the stripping activity. It will typically be a subset of the larger orebody that is distinguished by a separate useful economic life (for example, a pushback). </span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">13     Property, plant and equipment</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.780%"><tr><td style="width:1.0%"/><td style="width:15.399%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.735%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Phase</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Development Phase</span></td><td colspan="6" style="border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Production Phase</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stripping activity </span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Overburden and other waste removal during the development of a mine before production commences.</span></td><td colspan="6" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Production phase stripping can give access to two benefits: the extraction of ore in the current period and improved access to ore which will be extracted in future periods.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Period of benefit</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After commissioning of the mine.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Future periods after first phase is complete.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current and future benefit are indistinguishable.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capitalised to mining properties and leases in property, plant and equipment</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">During the development of a mine, stripping costs relating to a component of an orebody are capitalised as part of the cost of construction of the mine.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">It may be the case that subsequent phases of stripping will access additional ore and that these subsequent phases are only possible after the first phase has taken place. Where applicable, the Group considers this on a mine-by-mine basis. Generally, the only ore attributed to the stripping activity asset for the purposes of calculating the life-of-component ratio is the ore to be extracted from the originally identified component.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stripping costs for the component are deferred to the extent that the current period ratio exceeds the life-of-component ratio.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Allocation to inventory</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable</span></td><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable</span></td><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The stripping cost is allocated to inventory based on a relevant production measure using a life-of-component strip ratio. The ratio divides the tonnage of waste mined for the component for the period either by the quantity of ore mined for the component or by the quantity of minerals contained in the ore mined for the component. In some operations, the quantity of ore is a more appropriate basis for allocating costs, particularly when there are significant by-products.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Component</span></td><td colspan="9" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A “component” is a specific section of the orebody that is made more accessible by the stripping activity. It will typically be a subset of the larger orebody that is distinguished by a separate useful economic life (for example, a pushback).</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Life-of-component ratio</span></td><td colspan="9" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The life-of-component ratios are based on the ore reserves of the mine (and for some mines, other mineral resources) and the annual mine plan; they are a function of the mine design and, therefore, changes to that design will generally result in changes to the ratios. Changes in other technical or economic parameters that impact the ore reserves (and for some mines, other mineral resources) may also have an impact on the life-of-component ratios even if they do not affect the mine design. Changes to the ratios are accounted for prospectively.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation basis</span></td><td colspan="9" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciated on a “units of production” basis based on expected production of either ore or minerals contained in the ore over the life of the component unless another method is more appropriate.</span></td></tr></table></div>
CY2022Q4 rio Property Plantand Equipment Owned
PropertyPlantandEquipmentOwned
63731000000 usd
CY2021Q4 rio Property Plantand Equipment Owned
PropertyPlantandEquipmentOwned
63793000000 usd
CY2022Q4 ifrs-full Rightofuse Assets
RightofuseAssets
1003000000 usd
CY2021Q4 ifrs-full Rightofuse Assets
RightofuseAssets
1134000000 usd
CY2022Q4 rio Property Plantand Equipment And Right Of Use Assets Lease
PropertyPlantandEquipmentAndRightOfUseAssetsLease
64734000000 usd
CY2021Q4 rio Property Plantand Equipment And Right Of Use Assets Lease
PropertyPlantandEquipmentAndRightOfUseAssetsLease
64927000000 usd
CY2021 ifrs-full Amortisation Intangible Assets Other Than Goodwill
AmortisationIntangibleAssetsOtherThanGoodwill
178000000 usd
CY2021 ifrs-full Increase Decrease Through Transfers And Other Changes Intangible Assets And Goodwill
IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill
78000000 usd
CY2021Q4 ifrs-full Intangible Assets Other Than Goodwill
IntangibleAssetsOtherThanGoodwill
2832000000 usd
CY2022 ifrs-full Disclosure Of Property Plant And Equipment Explanatory
DisclosureOfPropertyPlantAndEquipmentExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">13     Property, plant and equipment</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is stated at cost, as defined in IAS 16, less accumulated depreciation and accumulated impairment losses. The cost of property, plant and equipment includes, where applicable, the estimated close-down and restoration costs associated with the asset. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment includes right of use assets arising from leasing arrangements, shown separately from owned and leasehold assets. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Once an undeveloped mining project has been determined as commercially viable and approval to mine has been given, expenditure other than that on land, buildings, plant, equipment and capital work in progress is capitalised under “Mining properties and leases” together with any amount transferred from “Exploration and evaluation”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Costs incurred while commissioning new assets, in the period before they are capable of operating in the manner intended by management, are capitalised unless associated with pre-production revenue (refer to page <a href="#i4e1fde2b483e4a95b74bd78074955f5c_125" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">155</a>). Development costs incurred after the commencement of production are capitalised to the extent they are expected to give rise to a future economic benefit. Interest on borrowings related to construction or development projects is capitalised, at the rate payable on project-specific debt if applicable or at the Group or subsidiary’s cost of borrowing if not.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">This is performed until the point when substantially all the activities that are necessary to make the asset ready for its intended use are complete. It may be appropriate to use a subsidiary’s cost of borrowing when the debt was negotiated based on the financing requirements of that subsidiary. </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Depreciation of non-current assets </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is depreciated over its useful life, or over the remaining life of the mine, smelter or refinery if that is shorter and there is no reasonable alternative use for the asset by the Group. Depreciation commences when an asset is available for use. Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis as follows: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:17.238%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.234%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Type of Property, plant and equipment</span></td><td colspan="3" style="display:none"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land and Buildings</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant and equipment</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital work in progress</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Buildings</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Power assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other plant and equipment</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation profile</span></td><td colspan="3" style="display:none"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See Power note below</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The useful lives and residual values for material assets and categories of assets are reviewed annually and changes are reflected prospectively. </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Units of production basis</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For mining properties and leases and certain mining equipment, consumption of the economic benefits of the asset is linked to production. Except as noted below, these assets are depreciated on the units of production basis. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In applying the units of production method, depreciation is normally calculated based on production in the period as a percentage of total expected production in current and future periods based on ore reserves and, for some mines, other mineral resources. Other mineral resources may be included in the calculations of total expected production in limited circumstances where there are very large areas of contiguous mineralisation, for which the economic viability is not sensitive to likely variations in grade, as may be the case for certain iron ore, bauxite and industrial mineral deposits, and where there is a high degree of confidence that the other mineral resources can be extracted economically. This would be the case when the other mineral resources do not yet have the status of ore reserves merely because the necessary detailed evaluation work has not yet been performed and the responsible technical personnel agree that inclusion of a proportion of measured and indicated resources in the calculation of total expected production is appropriate based on historical reserve conversion rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The required level of confidence is unlikely to exist for minerals that are typically found in low-grade ore (as compared with the above), such as copper or gold. In these cases, specific areas of mineralisation have to be evaluated in detail before their economic status can be predicted with confidence. </span></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sometimes the calculation of depreciation for infrastructure assets, primarily rail and port, considers measured and indicated resources. This is because the asset can benefit current and future mines. The measured and indicated resource may relate to mines which are currently in production or to mines where there is a high degree of confidence that they will be brought into production in the future. The quantum of mineral resources is determined taking into account future capital costs as required by the JORC code. The depreciation calculation, however, applies to current mines only and does not take into account future development costs for mines which are not yet in production. Measured and indicated resources are currently incorporated into depreciation calculations in the Group’s Australian iron ore business.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Estimation of asset lives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The useful lives of the major assets of a cash-generating unit are often dependent on the life of the orebody to which they relate. Where this is the case, the lives of mining properties, and their associated refineries, concentrators and other long-lived processing equipment are generally limited to the expected life of the orebody. The life of the orebody, in turn, is estimated on the basis of the life-of-mine plan. Where the major assets of a cash-generating unit are not dependent on the life of a related orebody, management applies judgment in estimating the remaining service potential of long-lived assets. Factors affecting the remaining service potential of smelters include, for example, smelter technology and electricity purchase contracts when power is not sourced from the Group, or in some cases from local governments permitting electricity generation from hydro-power stations. </span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"><span id="if3cd2860e176462f9a97ad98ea28197f_0-0-1-1-1777078"/></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Estimation of asset lives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We expect there to be a higher demand for copper, aluminium, lithium and high grade iron ore in order to meet demand for the minerals required to transition to a low carbon economic environment, consistent with the climate change commitments of the Paris Agreement. We expect this to exceed new supply to the market and therefore increase prices. Under the Aspirational Leadership scenario, the economic cut-off grade for our Ore Reserves is expected to be lower; in effect we would mine a greater volume of material before the mines are depleted. We cannot quantify the difference this would make without undue cost as it would require revised mine plans, but for property, plant and equipment this increased volume of material would reduce the depreciation charge for assets that use the ‘Units of production’ depreciation method.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Straight line basis</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis.</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Deferred stripping</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In open pit mining operations, overburden and other waste materials must be removed to access ore from which minerals can be extracted economically. The process of removing overburden and waste materials is referred to as stripping. During the development of a mine (or, in some instances, pit; see below), before production commences, stripping costs related to a component of an orebody are capitalised as part of the cost of construction of the mine (or pit). These are then amortised over the life of the mine (or pit) on a units of production basis. </span></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where a mine operates several open pits that are regarded as separate operations for the purpose of mine planning, initial stripping costs are accounted for separately by reference to the ore from each separate pit. If, however, the pits are highly integrated for the purpose of mine planning, the second and subsequent pits are regarded as extensions of the first pit in accounting for stripping costs. In such cases, the initial stripping (such as overburden and other waste removal) of the second and subsequent pits is considered to be production phase stripping (see below).</span></div><div style="margin-bottom:5pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Deferral of stripping costs</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We apply judgment as to whether multiple pits at a mine are considered separate or integrated operations. This determines whether the stripping activities of a pit are classified as pre-production or production phase stripping and, therefore, the amortisation base for those costs. The analysis depends on each mine’s specific circumstances and requires judgment: another mining company could make a different judgment even when the fact pattern appears to be similar. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The following factors would point towards the initial stripping costs for the individual pits being accounted for separately: </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If mining of the second and subsequent pits is conducted consecutively following that of the first pit, rather than concurrently; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If separate investment decisions are made to develop each pit, rather than a single investment decision being made at the outset; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If the pits are operated as separate units in terms of mine planning and the sequencing of overburden removal and ore mining, rather than as an integrated unit; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If expenditures for additional infrastructure to support the second and subsequent pits are relatively large; and </span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If the pits extract ore from separate and distinct orebodies, rather than from a single orebody. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">If the designs of the second and subsequent pits are significantly influenced by opportunities to optimise output from several pits combined, including the co-treatment or blending of the output from the pits, then this would point to treatment as an integrated operation for the purposes of accounting for initial stripping costs. The relative importance of each of the above factors is considered in each case. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In order for production phase stripping costs to qualify for capitalisation as a stripping activity asset, three criteria must be met: </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be probable that there will be an economic benefit in a future accounting period because the stripping activity has improved access to the orebody; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be possible to identify the “component” of the orebody for which access has been improved; and </span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be possible to reliably measure the costs that relate to the stripping activity. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A “component” is a specific section of the orebody that is made more accessible by the stripping activity. It will typically be a subset of the larger orebody that is distinguished by a separate useful economic life (for example, a pushback). </span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">13     Property, plant and equipment</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.780%"><tr><td style="width:1.0%"/><td style="width:15.399%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.735%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Phase</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Development Phase</span></td><td colspan="6" style="border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Production Phase</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stripping activity </span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Overburden and other waste removal during the development of a mine before production commences.</span></td><td colspan="6" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Production phase stripping can give access to two benefits: the extraction of ore in the current period and improved access to ore which will be extracted in future periods.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Period of benefit</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After commissioning of the mine.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Future periods after first phase is complete.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current and future benefit are indistinguishable.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capitalised to mining properties and leases in property, plant and equipment</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">During the development of a mine, stripping costs relating to a component of an orebody are capitalised as part of the cost of construction of the mine.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">It may be the case that subsequent phases of stripping will access additional ore and that these subsequent phases are only possible after the first phase has taken place. Where applicable, the Group considers this on a mine-by-mine basis. Generally, the only ore attributed to the stripping activity asset for the purposes of calculating the life-of-component ratio is the ore to be extracted from the originally identified component.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stripping costs for the component are deferred to the extent that the current period ratio exceeds the life-of-component ratio.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Allocation to inventory</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable</span></td><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable</span></td><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The stripping cost is allocated to inventory based on a relevant production measure using a life-of-component strip ratio. The ratio divides the tonnage of waste mined for the component for the period either by the quantity of ore mined for the component or by the quantity of minerals contained in the ore mined for the component. In some operations, the quantity of ore is a more appropriate basis for allocating costs, particularly when there are significant by-products.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Component</span></td><td colspan="9" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A “component” is a specific section of the orebody that is made more accessible by the stripping activity. It will typically be a subset of the larger orebody that is distinguished by a separate useful economic life (for example, a pushback).</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Life-of-component ratio</span></td><td colspan="9" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The life-of-component ratios are based on the ore reserves of the mine (and for some mines, other mineral resources) and the annual mine plan; they are a function of the mine design and, therefore, changes to that design will generally result in changes to the ratios. Changes in other technical or economic parameters that impact the ore reserves (and for some mines, other mineral resources) may also have an impact on the life-of-component ratios even if they do not affect the mine design. Changes to the ratios are accounted for prospectively.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation basis</span></td><td colspan="9" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciated on a “units of production” basis based on expected production of either ore or minerals contained in the ore over the life of the component unless another method is more appropriate.</span></td></tr></table></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment includes both owned and leased assets.</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Property, plant and equipment – owned</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,731 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Right of use assets – leased</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,003 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,134 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64,734 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64,927 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Property, plant and equipment – Owned</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Mining</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">properties</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and leases</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital<br/>works in<br/>progress<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,817 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,995 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,453 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,528 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(436)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(344)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,870)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(311)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,961)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to capitalised closure costs</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest capitalised</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">416 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">416 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">360 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">304 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,111 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,732 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,507 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(891)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(433)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,171)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,495)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(38)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(46)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Newly consolidated operations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">162 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,177 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,922 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,270)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,529 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,699 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34,407 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,096 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,731 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,263 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,805 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">74,562 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,118 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">125,748 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated depreciation and impairment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,734)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,106)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40,155)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,022)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(62,017)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets pledged as security</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,602 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">491 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,113 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,876 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,082 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Mining </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">properties</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and leases</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">buildings</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant <br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital <br/>works in<br/>progress <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total <br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,173 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,369 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32,754 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,711 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62,007 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(385)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,097)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(259)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,935)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to capitalised closure costs</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest capitalised</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">227 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">70 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,841 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,337 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,475 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(736)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(390)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,061)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,187)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment charges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(66)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(195)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(90)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(117)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">224 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,301 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,606)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,817 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,995 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,453 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,528 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,114 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,031 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73,415 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,661 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">125,221 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated depreciation and impairment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,297)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,036)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(39,962)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,133)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(61,428)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets pledged as security</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,637 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">457 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,196 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,621 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,911 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">At 31 December 2022, the net book value of capitalised production phase stripping costs totalled US$2,497 million, with US$2,038 million within “Property, plant and equipment” and a further US$460 million within “Investments in equity accounted units” (2021: total of US$2,432 million, with US$2,017 million in “Property, plant and equipment” and a further US$415 million within “Investments in equity accounted units”). During the year, capitalisation of US$411 million was partly offset by depreciation of US$331 million (including amounts recorded within equity accounted units). Depreciation of deferred stripping costs in respect of subsidiaries of US$246 million (2021: US$201 million; 2020: US$145 million) is included within “Depreciation for the year”. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Adjustment on currency translation represents the impact of exchange differences arising on the translation of the assets of entities with functional currencies other than the US dollar, recognised directly in the currency translation reserve. The adjustment in 2022 arose primarily from the weakening of the Australian dollar against the US dollar. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Our average borrowing rate, excluding any project finance, used for capitalisation of interest is 5.60% (2021: 3.40%). </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span id="i195b13a216f44d3b9a979cbccc50e3ec_1177"/><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">US$0.1 billion of additions to “Property, plant and equipment” relates to capital spend on carbon abatement in 2022.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">In 2022, the acquisition relates to our purchase of Rincon, a lithium project in Argentina, refer to note 5. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">“Transfers and other movements” includes reclassifications between categories. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Excludes assets held under capitalised lease arrangements. Non-current assets pledged as security represent amounts pledged as collateral against US$3,965 million (2021: US$4,403 million) of loans, which are included in note 20. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(h)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.39pt">In 2021, the impairment charges related to our Kitimat smelter in Canada, refer to note 4. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span><br/></span></div><div style="margin-bottom:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.780%"><tr><td style="width:0.1%"/><td style="width:1.378%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:50.980%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.382%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:114pt"><td colspan="3" rowspan="5" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="15" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:middle"><span id="ifd02bd1f8dfa476d8b3a8aa3d0f3c7c5_1-1-1-5-1648793"/><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Useful economic lives of our power generating assets</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has committed to reducing scope 1 and scope 2 carbon emissions by 50% relative to our 2018 baseline by 2030 and achieving net zero emission across our operations by 2050. We expect to spend US$7.5 billion between 2022 and 2030. Transitioning electricity from principally fossil fuel-based power generating assets to principally renewables is critical to achieving that goal. The carrying value of power generating assets is set out in the table below. The weighted average remaining useful economic life of plant and equipment for fossil fuel-based power generating assets is 13 years (2021:14 years). Given the technical limitations of intermittent renewable energy generation and energy storage systems, and our need for reliable baseload electricity, we expect our current generation assets will be integral to those needs for the foreseeable future. We are investing in research and development and evaluating new market options that may overcome these technical challenges. Should pathways for eliminating fossil fuel power generating assets be identified we may need to accelerate depreciation or impair the assets; </span><span style="color:#353534;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:700;line-height:120%">however, at this present moment the requirement for fossil fuel powered back-up means that early retirement of the assets is not expected.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:33pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fossil fuels</span></td><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">882 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">952 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Renewables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">198 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,352 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">195 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,541 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="15" style="background-color:#cbe6ce;border-top:1pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">The increase of US$0.8 billion in renewable plant &amp; equipment, is attributable to the Kemano T2 hydropower project, following the completion of a second tunnel to supply water to the Kemano hydropower facility in 2022. This project will ensure the long-term, sustainable production of low-carbon aluminium at our smelter in Kitimat.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">13     Property, plant and equipment</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Right-of-use assets – Leased</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Land and<br/>buildings<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Plant and<br/>equipment<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2022</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">515 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">488 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,003 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #3a3a3a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2021</span></td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">549 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">585 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,134 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions for the year</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2022</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">49 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">254 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">303 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2021</span></td><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">135 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">407 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">542 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #3a3a3a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year (included within operating costs)</span></td><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2022</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(61)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(295)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(356)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31 December 2021</span></td><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(81)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(251)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(332)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The leased assets of the Group include land and buildings (mainly office buildings) and plant and equipment, the majority of which are marine vessels. Lease terms are negotiated on an individual basis and contain a wide range of terms and conditions. Right of use assets are depreciated on a straight line basis over the life of the lease, taking into account any extensions that are likely to be enacted.</span></div>
CY2022 ifrs-full Description Of Accounting Policy For Property Plant And Equipment Explanatory
DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is stated at cost, as defined in IAS 16, less accumulated depreciation and accumulated impairment losses. The cost of property, plant and equipment includes, where applicable, the estimated close-down and restoration costs associated with the asset. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment includes right of use assets arising from leasing arrangements, shown separately from owned and leasehold assets. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Once an undeveloped mining project has been determined as commercially viable and approval to mine has been given, expenditure other than that on land, buildings, plant, equipment and capital work in progress is capitalised under “Mining properties and leases” together with any amount transferred from “Exploration and evaluation”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Costs incurred while commissioning new assets, in the period before they are capable of operating in the manner intended by management, are capitalised unless associated with pre-production revenue (refer to page <a href="#i4e1fde2b483e4a95b74bd78074955f5c_125" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">155</a>). Development costs incurred after the commencement of production are capitalised to the extent they are expected to give rise to a future economic benefit. Interest on borrowings related to construction or development projects is capitalised, at the rate payable on project-specific debt if applicable or at the Group or subsidiary’s cost of borrowing if not.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">This is performed until the point when substantially all the activities that are necessary to make the asset ready for its intended use are complete. It may be appropriate to use a subsidiary’s cost of borrowing when the debt was negotiated based on the financing requirements of that subsidiary. </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Depreciation of non-current assets </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is depreciated over its useful life, or over the remaining life of the mine, smelter or refinery if that is shorter and there is no reasonable alternative use for the asset by the Group. Depreciation commences when an asset is available for use. Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis as follows: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:17.238%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.234%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Type of Property, plant and equipment</span></td><td colspan="3" style="display:none"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land and Buildings</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant and equipment</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital work in progress</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Buildings</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Power assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other plant and equipment</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation profile</span></td><td colspan="3" style="display:none"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See Power note below</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The useful lives and residual values for material assets and categories of assets are reviewed annually and changes are reflected prospectively. </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Units of production basis</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For mining properties and leases and certain mining equipment, consumption of the economic benefits of the asset is linked to production. Except as noted below, these assets are depreciated on the units of production basis. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In applying the units of production method, depreciation is normally calculated based on production in the period as a percentage of total expected production in current and future periods based on ore reserves and, for some mines, other mineral resources. Other mineral resources may be included in the calculations of total expected production in limited circumstances where there are very large areas of contiguous mineralisation, for which the economic viability is not sensitive to likely variations in grade, as may be the case for certain iron ore, bauxite and industrial mineral deposits, and where there is a high degree of confidence that the other mineral resources can be extracted economically. This would be the case when the other mineral resources do not yet have the status of ore reserves merely because the necessary detailed evaluation work has not yet been performed and the responsible technical personnel agree that inclusion of a proportion of measured and indicated resources in the calculation of total expected production is appropriate based on historical reserve conversion rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The required level of confidence is unlikely to exist for minerals that are typically found in low-grade ore (as compared with the above), such as copper or gold. In these cases, specific areas of mineralisation have to be evaluated in detail before their economic status can be predicted with confidence. </span></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sometimes the calculation of depreciation for infrastructure assets, primarily rail and port, considers measured and indicated resources. This is because the asset can benefit current and future mines. The measured and indicated resource may relate to mines which are currently in production or to mines where there is a high degree of confidence that they will be brought into production in the future. The quantum of mineral resources is determined taking into account future capital costs as required by the JORC code. The depreciation calculation, however, applies to current mines only and does not take into account future development costs for mines which are not yet in production. Measured and indicated resources are currently incorporated into depreciation calculations in the Group’s Australian iron ore business.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Estimation of asset lives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The useful lives of the major assets of a cash-generating unit are often dependent on the life of the orebody to which they relate. Where this is the case, the lives of mining properties, and their associated refineries, concentrators and other long-lived processing equipment are generally limited to the expected life of the orebody. The life of the orebody, in turn, is estimated on the basis of the life-of-mine plan. Where the major assets of a cash-generating unit are not dependent on the life of a related orebody, management applies judgment in estimating the remaining service potential of long-lived assets. Factors affecting the remaining service potential of smelters include, for example, smelter technology and electricity purchase contracts when power is not sourced from the Group, or in some cases from local governments permitting electricity generation from hydro-power stations. </span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"><span id="if3cd2860e176462f9a97ad98ea28197f_0-0-1-1-1777078"/></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Estimation of asset lives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We expect there to be a higher demand for copper, aluminium, lithium and high grade iron ore in order to meet demand for the minerals required to transition to a low carbon economic environment, consistent with the climate change commitments of the Paris Agreement. We expect this to exceed new supply to the market and therefore increase prices. Under the Aspirational Leadership scenario, the economic cut-off grade for our Ore Reserves is expected to be lower; in effect we would mine a greater volume of material before the mines are depleted. We cannot quantify the difference this would make without undue cost as it would require revised mine plans, but for property, plant and equipment this increased volume of material would reduce the depreciation charge for assets that use the ‘Units of production’ depreciation method.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Straight line basis</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis.</span></div>
CY2022 ifrs-full Disclosure Of Detailed Information About Property Plant And Equipment Explanatory
DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Property, plant and equipment is depreciated over its useful life, or over the remaining life of the mine, smelter or refinery if that is shorter and there is no reasonable alternative use for the asset by the Group. Depreciation commences when an asset is available for use. Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis as follows: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:17.238%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.232%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.234%"/><td style="width:0.1%"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Type of Property, plant and equipment</span></td><td colspan="3" style="display:none"/><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land and Buildings</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant and equipment</span></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital work in progress</span></td></tr><tr style="height:12pt"><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Buildings</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Power assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other plant and equipment</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation profile</span></td><td colspan="3" style="display:none"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See Power note below</span></td><td colspan="3" style="border-bottom:1pt solid #9c9c9c;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 to 50 years</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #9c9c9c;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not depreciated</span></div></td></tr></table></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Mining</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">properties</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and leases</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital<br/>works in<br/>progress<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,817 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,995 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,453 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,528 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(436)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(344)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,870)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(311)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,961)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to capitalised closure costs</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest capitalised</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">416 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">416 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">360 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">304 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,111 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,732 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,507 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(891)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(433)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,171)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,495)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(38)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(46)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Newly consolidated operations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">162 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,177 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,922 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,270)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,529 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,699 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34,407 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,096 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,731 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,263 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,805 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">74,562 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,118 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">125,748 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated depreciation and impairment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,734)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,106)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40,155)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,022)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(62,017)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets pledged as security</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,602 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">491 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,113 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,876 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,082 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Year ended 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Mining </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">properties</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and leases</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">buildings</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant <br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Capital <br/>works in<br/>progress <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total <br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,173 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,369 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32,754 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,711 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62,007 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(385)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,097)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(259)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,935)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to capitalised closure costs</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest capitalised</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">227 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">70 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,841 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,337 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,475 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation for the year</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(736)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(390)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,061)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,187)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impairment charges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(66)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(195)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(269)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(90)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(117)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">224 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,301 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,606)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,817 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,995 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,453 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,528 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,793 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cost</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,114 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,031 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73,415 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,661 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">125,221 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– accumulated depreciation and impairment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,297)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,036)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(39,962)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,133)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(61,428)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets pledged as security</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,637 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">457 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,196 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,621 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,911 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">At 31 December 2022, the net book value of capitalised production phase stripping costs totalled US$2,497 million, with US$2,038 million within “Property, plant and equipment” and a further US$460 million within “Investments in equity accounted units” (2021: total of US$2,432 million, with US$2,017 million in “Property, plant and equipment” and a further US$415 million within “Investments in equity accounted units”). During the year, capitalisation of US$411 million was partly offset by depreciation of US$331 million (including amounts recorded within equity accounted units). Depreciation of deferred stripping costs in respect of subsidiaries of US$246 million (2021: US$201 million; 2020: US$145 million) is included within “Depreciation for the year”. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Adjustment on currency translation represents the impact of exchange differences arising on the translation of the assets of entities with functional currencies other than the US dollar, recognised directly in the currency translation reserve. The adjustment in 2022 arose primarily from the weakening of the Australian dollar against the US dollar. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Our average borrowing rate, excluding any project finance, used for capitalisation of interest is 5.60% (2021: 3.40%). </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span id="i195b13a216f44d3b9a979cbccc50e3ec_1177"/><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">US$0.1 billion of additions to “Property, plant and equipment” relates to capital spend on carbon abatement in 2022.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">In 2022, the acquisition relates to our purchase of Rincon, a lithium project in Argentina, refer to note 5. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">“Transfers and other movements” includes reclassifications between categories. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Excludes assets held under capitalised lease arrangements. Non-current assets pledged as security represent amounts pledged as collateral against US$3,965 million (2021: US$4,403 million) of loans, which are included in note 20. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(h)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.39pt">In 2021, the impairment charges related to our Kitimat smelter in Canada, refer to note 4. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span><br/></span></div><div style="margin-bottom:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.780%"><tr><td style="width:0.1%"/><td style="width:1.378%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:50.980%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.090%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.382%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:114pt"><td colspan="3" rowspan="5" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="15" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:middle"><span id="ifd02bd1f8dfa476d8b3a8aa3d0f3c7c5_1-1-1-5-1648793"/><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Useful economic lives of our power generating assets</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has committed to reducing scope 1 and scope 2 carbon emissions by 50% relative to our 2018 baseline by 2030 and achieving net zero emission across our operations by 2050. We expect to spend US$7.5 billion between 2022 and 2030. Transitioning electricity from principally fossil fuel-based power generating assets to principally renewables is critical to achieving that goal. The carrying value of power generating assets is set out in the table below. The weighted average remaining useful economic life of plant and equipment for fossil fuel-based power generating assets is 13 years (2021:14 years). Given the technical limitations of intermittent renewable energy generation and energy storage systems, and our need for reliable baseload electricity, we expect our current generation assets will be integral to those needs for the foreseeable future. We are investing in research and development and evaluating new market options that may overcome these technical challenges. Should pathways for eliminating fossil fuel power generating assets be identified we may need to accelerate depreciation or impair the assets; </span><span style="color:#353534;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:700;line-height:120%">however, at this present moment the requirement for fossil fuel powered back-up means that early retirement of the assets is not expected.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:33pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net book value</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Land<br/>and<br/>buildings<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Plant<br/>and<br/>equipment<br/>US$m</span></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fossil fuels</span></td><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">882 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">952 </span></td><td style="background-color:#cbe6ce;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Renewables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">198 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,352 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">195 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,541 </span></td><td style="background-color:#cbe6ce;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="15" style="background-color:#cbe6ce;border-top:1pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">The increase of US$0.8 billion in renewable plant &amp; equipment, is attributable to the Kemano T2 hydropower project, following the completion of a second tunnel to supply water to the Kemano hydropower facility in 2022. This project will ensure the long-term, sustainable production of low-carbon aluminium at our smelter in Kitimat.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div>
CY2022 ifrs-full Description Of Accounting Policy For Stripping Costs Explanatory
DescriptionOfAccountingPolicyForStrippingCostsExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Deferred stripping</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In open pit mining operations, overburden and other waste materials must be removed to access ore from which minerals can be extracted economically. The process of removing overburden and waste materials is referred to as stripping. During the development of a mine (or, in some instances, pit; see below), before production commences, stripping costs related to a component of an orebody are capitalised as part of the cost of construction of the mine (or pit). These are then amortised over the life of the mine (or pit) on a units of production basis. </span></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where a mine operates several open pits that are regarded as separate operations for the purpose of mine planning, initial stripping costs are accounted for separately by reference to the ore from each separate pit. If, however, the pits are highly integrated for the purpose of mine planning, the second and subsequent pits are regarded as extensions of the first pit in accounting for stripping costs. In such cases, the initial stripping (such as overburden and other waste removal) of the second and subsequent pits is considered to be production phase stripping (see below).</span></div><div style="margin-bottom:5pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Deferral of stripping costs</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We apply judgment as to whether multiple pits at a mine are considered separate or integrated operations. This determines whether the stripping activities of a pit are classified as pre-production or production phase stripping and, therefore, the amortisation base for those costs. The analysis depends on each mine’s specific circumstances and requires judgment: another mining company could make a different judgment even when the fact pattern appears to be similar. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The following factors would point towards the initial stripping costs for the individual pits being accounted for separately: </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If mining of the second and subsequent pits is conducted consecutively following that of the first pit, rather than concurrently; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If separate investment decisions are made to develop each pit, rather than a single investment decision being made at the outset; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If the pits are operated as separate units in terms of mine planning and the sequencing of overburden removal and ore mining, rather than as an integrated unit; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If expenditures for additional infrastructure to support the second and subsequent pits are relatively large; and </span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">If the pits extract ore from separate and distinct orebodies, rather than from a single orebody. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">If the designs of the second and subsequent pits are significantly influenced by opportunities to optimise output from several pits combined, including the co-treatment or blending of the output from the pits, then this would point to treatment as an integrated operation for the purposes of accounting for initial stripping costs. The relative importance of each of the above factors is considered in each case. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In order for production phase stripping costs to qualify for capitalisation as a stripping activity asset, three criteria must be met: </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be probable that there will be an economic benefit in a future accounting period because the stripping activity has improved access to the orebody; </span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be possible to identify the “component” of the orebody for which access has been improved; and </span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">It must be possible to reliably measure the costs that relate to the stripping activity. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A “component” is a specific section of the orebody that is made more accessible by the stripping activity. It will typically be a subset of the larger orebody that is distinguished by a separate useful economic life (for example, a pushback). </span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">13     Property, plant and equipment</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.780%"><tr><td style="width:1.0%"/><td style="width:15.399%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:26.735%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Phase</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Development Phase</span></td><td colspan="6" style="border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Production Phase</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stripping activity </span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Overburden and other waste removal during the development of a mine before production commences.</span></td><td colspan="6" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Production phase stripping can give access to two benefits: the extraction of ore in the current period and improved access to ore which will be extracted in future periods.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Period of benefit</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After commissioning of the mine.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Future periods after first phase is complete.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current and future benefit are indistinguishable.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capitalised to mining properties and leases in property, plant and equipment</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">During the development of a mine, stripping costs relating to a component of an orebody are capitalised as part of the cost of construction of the mine.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">It may be the case that subsequent phases of stripping will access additional ore and that these subsequent phases are only possible after the first phase has taken place. Where applicable, the Group considers this on a mine-by-mine basis. Generally, the only ore attributed to the stripping activity asset for the purposes of calculating the life-of-component ratio is the ore to be extracted from the originally identified component.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stripping costs for the component are deferred to the extent that the current period ratio exceeds the life-of-component ratio.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Allocation to inventory</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable</span></td><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable</span></td><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The stripping cost is allocated to inventory based on a relevant production measure using a life-of-component strip ratio. The ratio divides the tonnage of waste mined for the component for the period either by the quantity of ore mined for the component or by the quantity of minerals contained in the ore mined for the component. In some operations, the quantity of ore is a more appropriate basis for allocating costs, particularly when there are significant by-products.</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Component</span></td><td colspan="9" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A “component” is a specific section of the orebody that is made more accessible by the stripping activity. It will typically be a subset of the larger orebody that is distinguished by a separate useful economic life (for example, a pushback).</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Life-of-component ratio</span></td><td colspan="9" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The life-of-component ratios are based on the ore reserves of the mine (and for some mines, other mineral resources) and the annual mine plan; they are a function of the mine design and, therefore, changes to that design will generally result in changes to the ratios. Changes in other technical or economic parameters that impact the ore reserves (and for some mines, other mineral resources) may also have an impact on the life-of-component ratios even if they do not affect the mine design. Changes to the ratios are accounted for prospectively.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation basis</span></td><td colspan="9" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciated on a “units of production” basis based on expected production of either ore or minerals contained in the ore over the life of the component unless another method is more appropriate.</span></td></tr></table></div>
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PropertyPlantandEquipmentOwned
63731000000 usd
CY2021Q4 rio Property Plantand Equipment Owned
PropertyPlantandEquipmentOwned
63793000000 usd
CY2022Q4 ifrs-full Rightofuse Assets
RightofuseAssets
1003000000 usd
CY2021Q4 ifrs-full Rightofuse Assets
RightofuseAssets
1134000000 usd
CY2022Q4 rio Property Plantand Equipment And Right Of Use Assets Lease
PropertyPlantandEquipmentAndRightOfUseAssetsLease
64734000000 usd
CY2021Q4 ifrs-full Property Plant And Equipment
PropertyPlantAndEquipment
63793000000 usd
CY2022 ifrs-full Increase Decrease Through Net Exchange Differences Property Plant And Equipment
IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment
-2961000000 usd
CY2021Q4 ifrs-full Property Plant And Equipment
PropertyPlantAndEquipment
63793000000 usd
CY2022 ifrs-full Increase Decrease Through Net Exchange Differences Property Plant And Equipment
IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment
-2961000000 usd
CY2022 ifrs-full Changes In Property Plant And Equipment
ChangesInPropertyPlantAndEquipment
520000000 usd
CY2022 ifrs-full Borrowing Costs Capitalised
BorrowingCostsCapitalised
416000000 usd
CY2022 ifrs-full Additions Other Than Through Business Combinations Property Plant And Equipment
AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
6507000000 usd
CY2022 ifrs-full Depreciation Property Plant And Equipment
DepreciationPropertyPlantAndEquipment
4495000000 usd
CY2022 ifrs-full Disposals Property Plant And Equipment
DisposalsPropertyPlantAndEquipment
46000000 usd
CY2022 ifrs-full Acquisitions Through Business Combinations Property Plant And Equipment
AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment
6000000 usd
CY2022 ifrs-full Increase Decrease Through Transfers And Other Changes Property Plant And Equipment
IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment
-9000000 usd
CY2022Q4 ifrs-full Property Plant And Equipment
PropertyPlantAndEquipment
63731000000 usd
CY2022Q4 ifrs-full Property Plant And Equipment Pledged As Security
PropertyPlantAndEquipmentPledgedAsSecurity
16082000000 usd
CY2020Q4 ifrs-full Property Plant And Equipment
PropertyPlantAndEquipment
62007000000 usd
CY2021 ifrs-full Changes In Property Plant And Equipment
ChangesInPropertyPlantAndEquipment
518000000 usd
CY2021 ifrs-full Borrowing Costs Capitalised
BorrowingCostsCapitalised
358000000 usd
CY2021 ifrs-full Additions Other Than Through Business Combinations Property Plant And Equipment
AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
7475000000 usd
CY2021 ifrs-full Depreciation Property Plant And Equipment
DepreciationPropertyPlantAndEquipment
4187000000 usd
CY2022 ifrs-full Changes In Property Plant And Equipment
ChangesInPropertyPlantAndEquipment
520000000 usd
CY2022 ifrs-full Borrowing Costs Capitalised
BorrowingCostsCapitalised
416000000 usd
CY2022 ifrs-full Additions Other Than Through Business Combinations Property Plant And Equipment
AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
6507000000 usd
CY2022 ifrs-full Depreciation Property Plant And Equipment
DepreciationPropertyPlantAndEquipment
4495000000 usd
CY2022 ifrs-full Disposals Property Plant And Equipment
DisposalsPropertyPlantAndEquipment
46000000 usd
CY2022 ifrs-full Acquisitions Through Business Combinations Property Plant And Equipment
AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment
6000000 usd
CY2022 ifrs-full Increase Decrease Through Transfers And Other Changes Property Plant And Equipment
IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment
-9000000 usd
CY2022Q4 ifrs-full Property Plant And Equipment
PropertyPlantAndEquipment
63731000000 usd
CY2022Q4 ifrs-full Property Plant And Equipment Pledged As Security
PropertyPlantAndEquipmentPledgedAsSecurity
16082000000 usd
CY2020Q4 ifrs-full Property Plant And Equipment
PropertyPlantAndEquipment
62007000000 usd
CY2021 ifrs-full Increase Decrease Through Net Exchange Differences Property Plant And Equipment
IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment
-1935000000 usd
CY2021 ifrs-full Changes In Property Plant And Equipment
ChangesInPropertyPlantAndEquipment
518000000 usd
CY2021 ifrs-full Borrowing Costs Capitalised
BorrowingCostsCapitalised
358000000 usd
CY2021 ifrs-full Additions Other Than Through Business Combinations Property Plant And Equipment
AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment
7475000000 usd
CY2021 ifrs-full Depreciation Property Plant And Equipment
DepreciationPropertyPlantAndEquipment
4187000000 usd
CY2021 ifrs-full Impairment Loss Recognised In Profit Or Loss Property Plant And Equipment
ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
269000000 usd
CY2021 ifrs-full Impairment Loss Recognised In Profit Or Loss Property Plant And Equipment
ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
269000000 usd
CY2021 ifrs-full Disposals Property Plant And Equipment
DisposalsPropertyPlantAndEquipment
117000000 usd
CY2021 ifrs-full Increase Decrease Through Transfers And Other Changes Property Plant And Equipment
IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment
-57000000 usd
CY2021Q4 ifrs-full Property Plant And Equipment
PropertyPlantAndEquipment
63793000000 usd
CY2021Q4 ifrs-full Property Plant And Equipment Pledged As Security
PropertyPlantAndEquipmentPledgedAsSecurity
14911000000 usd
CY2022 ifrs-full Capitalisation Rate Of Borrowing Costs Eligible For Capitalisation
CapitalisationRateOfBorrowingCostsEligibleForCapitalisation
0.0560
CY2021 ifrs-full Capitalisation Rate Of Borrowing Costs Eligible For Capitalisation
CapitalisationRateOfBorrowingCostsEligibleForCapitalisation
0.0340
CY2022 rio Additions Other Than Through Business Combinations Property Plant And Equipment Carbon Abatement
AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentCarbonAbatement
100000000 usd
CY2022Q4 ifrs-full Noncurrent Portion Of Noncurrent Secured Bank Loans Received
NoncurrentPortionOfNoncurrentSecuredBankLoansReceived
3965000000 usd
CY2021Q4 ifrs-full Noncurrent Portion Of Noncurrent Secured Bank Loans Received
NoncurrentPortionOfNoncurrentSecuredBankLoansReceived
4403000000 usd
CY2022 rio Carbon Emission Reduction Target Percent In2030
CarbonEmissionReductionTargetPercentIn2030
0.50
CY2022 rio Carbon Emission Reduction Target Percent In2050
CarbonEmissionReductionTargetPercentIn2050
0
CY2022Q4 rio Capital Expenditure Carbon Emission Target To2030
CapitalExpenditureCarbonEmissionTargetTo2030
7500000000 usd
CY2021 ifrs-full Increase Decrease Through Transfers And Other Changes Property Plant And Equipment
IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment
-57000000 usd
CY2021Q4 ifrs-full Property Plant And Equipment
PropertyPlantAndEquipment
63793000000 usd
CY2021Q4 ifrs-full Property Plant And Equipment Pledged As Security
PropertyPlantAndEquipmentPledgedAsSecurity
14911000000 usd
CY2022 ifrs-full Capitalisation Rate Of Borrowing Costs Eligible For Capitalisation
CapitalisationRateOfBorrowingCostsEligibleForCapitalisation
0.0560
CY2021 ifrs-full Capitalisation Rate Of Borrowing Costs Eligible For Capitalisation
CapitalisationRateOfBorrowingCostsEligibleForCapitalisation
0.0340
CY2022 rio Additions Other Than Through Business Combinations Property Plant And Equipment Carbon Abatement
AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentCarbonAbatement
100000000 usd
CY2022Q4 ifrs-full Noncurrent Portion Of Noncurrent Secured Bank Loans Received
NoncurrentPortionOfNoncurrentSecuredBankLoansReceived
3965000000 usd
CY2021Q4 ifrs-full Noncurrent Portion Of Noncurrent Secured Bank Loans Received
NoncurrentPortionOfNoncurrentSecuredBankLoansReceived
4403000000 usd
CY2022 rio Carbon Emission Reduction Target Percent In2030
CarbonEmissionReductionTargetPercentIn2030
0.50
CY2022 rio Carbon Emission Reduction Target Percent In2050
CarbonEmissionReductionTargetPercentIn2050
0
CY2022Q4 rio Capital Expenditure Carbon Emission Target To2030
CapitalExpenditureCarbonEmissionTargetTo2030
7500000000 usd
CY2022Q4 ifrs-full Rightofuse Assets
RightofuseAssets
1003000000 usd
CY2021Q4 ifrs-full Rightofuse Assets
RightofuseAssets
1134000000 usd
CY2022Q4 ifrs-full Rightofuse Assets
RightofuseAssets
1003000000 usd
CY2021Q4 ifrs-full Rightofuse Assets
RightofuseAssets
1134000000 usd
CY2022 ifrs-full Additions To Rightofuse Assets
AdditionsToRightofuseAssets
303000000 usd
CY2021 ifrs-full Additions To Rightofuse Assets
AdditionsToRightofuseAssets
542000000 usd
CY2022 ifrs-full Depreciation Rightofuse Assets
DepreciationRightofuseAssets
356000000 usd
CY2021 ifrs-full Depreciation Rightofuse Assets
DepreciationRightofuseAssets
332000000 usd
CY2022 ifrs-full Disclosure Of Provisions Explanatory
DisclosureOfProvisionsExplanatory
<div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has provisions for close-down and restoration costs which include the dismantling and demolition of infrastructure, the removal of residual materials and the remediation of disturbed areas for mines and certain refineries and smelters. The obligation may occur during development or during the production phase of a facility. These provisions are based on all regulatory requirements and any other commitments made to stakeholders. The provision excludes the impact of future disturbance which is planned to occur during the life of mine, so that it represents only incurred disturbance as at the balance sheet date. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closure provisions are not made for those operations that have no known restrictions on their lives as the closure dates cannot be reliably estimated, instead a contingent liability is disclosed, refer to note 37. This applies primarily to certain Canadian smelters which have indefinite-lived water rights from local governments permitting electricity generation from hydro-power stations. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Close-down and restoration costs are a normal consequence of mining or production, and the majority of close-down and restoration expenditure is incurred in the years following closure of the mine, refinery or smelter. Although the ultimate cost to be incurred is uncertain, the Group’s businesses estimate their costs using current restoration standards, techniques and expected climate conditions. The costs are estimated on the basis of a closure plan, and are reviewed at each reporting period during the life of the operation to reflect known developments. The estimates are also subject to formal review, with appropriate external support, at regular intervals. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The timing of closure and the rehabilitation plans for the site can be uncertain and dependent upon future capital allocation decisions which involve estimation of future economic circumstances and business cases. In such circumstances, the closure provision is estimated using probability weighting of the different remediation and closure scenarios. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The initial close-down and restoration provision is capitalised within “Property, plant and equipment”. Subsequent movements in the close-down and restoration provisions for ongoing operations are treated as an adjustment to cost within “Property, plant and equipment”. This includes those resulting from new disturbance related to expansions or other activities qualifying for capitalisation; updated cost estimates; changes to the estimated lives of operations; changes to the timing of closure activities; and revisions to discount rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in closure provisions relating to closed operations are charged/credited to “Net operating costs” in the income statement. </span></div><div style="margin-bottom:5pt"><span><br/></span></div></div><div style="display:inline-block;max-width:2.704%;min-width:1.704%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.649%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where rehabilitation is conducted systematically over the life of the operation, rather than at the time of closure, provision is made for the estimated outstanding continuous rehabilitation work at each balance sheet date and the cost is charged to the income statement. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The closure provision is represented by forecast future underlying cash flows expressed in real terms at the balance sheet date. These are discounted for the time value of money based on a long-term view of low-risk market yields which includes a review of historic trends plus risks and opportunities for which future cash flows have not been adjusted, namely potential improvements in closure practices between the reporting date and the point at which rehabilitation spend takes place. The real-terms discount rate used is 1.5% (2021: 1.5%) which is applied to all locations since we expect to meet closure cash flows principally from US dollar revenues and financing, with activities co-ordinated by the Group's central closure team.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">To roll forward those real-terms cash flows between periods, we identify local rates of inflation based on Producer Price Inflation (PPI) indices and together with the real-terms discount rate unwind the discount through the line “amortisation of discount”, shown within “Finance items” in the income statement. This nominal rate for cost escalation in the current financial year is estimated at the start of each half-year and applied systematically for six months. At the end of each half-year we update the underlying cash flows for the latest estimate of experienced inflation for the current financial year and record this as “changes to existing provisions”. For operating sites this adjustment usually results in a corresponding adjustment to Property, Plant and Equipment and for closed and fully impaired sites the adjustment is charged or credited to the income statement.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, our subsidiaries make a contribution to trust funds in order to meet or reimburse future environmental and decommissioning costs. Amounts due for reimbursement from trust funds are not offset against the corresponding closure provision unless payments into the fund have the effect of passing the closure obligation to the trust. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Environmental costs result from environmental damage that was not a necessary consequence of operations, and may include remediation, compensation and penalties. Provision is made for the estimated present value of such costs at the balance sheet date. These costs are charged to “Net operating costs”, except for the unwinding of the discount which is shown within “Finance items”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remediation procedures may commence soon after the time the disturbance, remediation process and estimated remediation costs become known, but can continue for many years depending on the nature of the disturbance and the remediation techniques used. </span></div></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,335 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(699)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(483)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to mining properties/right of use assets:</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">541 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,475 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(72)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– exchange losses on provisions</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– amortisation of discount</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,517 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">415 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(609)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(541)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,142 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,023 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,617 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,519 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Close-down, restoration and environmental liabilities at 31 December 2022 have not been adjusted for closure-related receivables amounting to US$351 million (2021: US$410 million) due from the ERA trust fund and other financial assets held for the purposes of meeting closure obligations. These are included within “Receivables and other assets” on the balance sheet.</span></div><div style="text-indent:3.82pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:10pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Close-down, restoration and environmental obligations</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We use our judgment and experience to determine the potential scope of closure rehabilitation work required to meet the Group’s legal, statutory and constructive obligations, and any other commitments made to stakeholders, and the options and techniques available to meet those obligations and estimate the associated costs and the likely timing of those costs. Significant judgment is also required to determine both the costs associated with that work and the other assumptions used to calculate the provision. External experts support the cost estimation process where appropriate but there remains significant estimation uncertainty.</span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The key judgment in applying this accounting policy is determining when an estimate is sufficiently reliable to make or adjust a closure provision. Adjustments are made to provisions when the range of possible outcomes becomes sufficiently narrow to permit reliable estimation. Depending on the materiality of the change, adjustments may require review and endorsement by the Group’s Closure Steering Committee before the provision is updated.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cost estimates are updated throughout the life of the operation; generally cost estimates must comply with the Group’s Capital Project Framework once the operation is ten years from expected closure. This means, for example, that where an Order of Magnitude (OoM) study is required for closure it must be of the same standard as an OoM study for a new mine, smelter or refinery. As at 31 December 2022, there are 16 operations with remaining lives of under 10 years before taking into account unapproved extensions. The largest closure study finalised during 2022 related to the Ranger Uranium mine operated by Energy Resources of Australia. In 2021 the preliminary information from this study resulted in an increase to closure liabilities of US$510 million; the finalisation of the study in 2022 did not result in a further significant change.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, the closure study may indicate that monitoring and, potentially, remediation will be required indefinitely - for example, ground water treatment. In these cases the underlying cash flows for the provision may be restricted to a period for which the costs can be reliably estimated, which on average is around 30 years</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">. W</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">here an alternative commercial arrangement to meet our obligations can be predicted with confidence, this period may be shorter.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closure provisions are not made for those operations that have no known restrictions on their lives as the closure dates cannot be reliably estimated. This applies primarily to certain Canadian smelters which have indefinite-lived water rights or power agreements for renewable power sources with local governments, refer to note 37.</span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:4pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:100%">14     Close-down and restoration provisions</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:100%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Analysis of close-down and restoration/environmental clean-up provisions</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">As at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Undiscounted close-down and environmental restoration obligations</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20,433 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,775 </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impact of discounting</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,674)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,233)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present closure obligation</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Attributable to:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Operating sites</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,598 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,727 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-operating sites</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,161 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,815 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Projected cash spend for the undiscounted close-down and restoration/environmental clean-up provision</span></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Undiscounted close-down and environmental restoration cash flows</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&lt;1 year<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1-3 years<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3-5 years<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&gt; 5 years<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,142 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,986 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,426 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,879 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20,433 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,023 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,652 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,680 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,420 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,775 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remaining lives of operations and infrastructure range from one to over 50 years with an average for all sites, weighted by present closure obligation, of around 15 years. Although the ultimate cost to be incurred is uncertain, the Group’s businesses estimate their respective costs based on current restoration standards, techniques and expected climate conditions.</span></div><div style="margin-bottom:5pt;margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key estimate - Close-down, restoration and environmental obligations</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The most significant assumptions and estimates used in calculating the provision are:</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Closure timeframes. The weighted average remaining lives of operations is shown below. Some expenditure may be incurred before closure while the operation as a whole is in production.</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">The length of any post-closure monitoring period. This will depend on the specific site requirements and the availability of alternative commercial arrangements; some expenditure can continue into perpetuity. The Rio Tinto Kennecott closure and environmental remediation provision includes an allowance for ongoing monitoring and remediation costs, including ground water treatment, of approximately US$0.7 billion.</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">The probability weighting of possible closure scenarios. The most significant impact of probability weighting is at the Pilbara operations (Iron Ore) relating to infrastructure and incorporates the expectation that some infrastructure will be retained by the relevant State authorities post closure. The assignment of probabilities to this scenario reduces the closure provision by US$0.7 billion.</span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Appropriate sources on which to base the calculation of the discount rate. The discount rate by nature is subjective and therefore sensitivities are shown below for how the provision balance, which at 31 December 2022 was US$15.8 billion, would change if discounted at alternative discount rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">There is significant estimation uncertainty in the calculation of the provision and cost estimates can vary in response to many factors including:</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Changes to the relevant legal or local/national government requirements and any other commitments made to stakeholders;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Review of remediation and relinquishment options;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Additional remediation requirements identified during the rehabilitation;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">The emergence of new restoration techniques;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Precipitation rates and climate change;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Change in the expected closure date; and</span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Change in the discount rate.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Experience gained at other mine or production sites may also change expected methods or costs of closure, although elements of the restoration and rehabilitation can be unique to each site. Generally, there is relatively limited restoration and rehabilitation activity and historical precedent elsewhere in the Group, or in the industry as a whole, against which to benchmark cost estimates.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The expected timing of expenditure can also change for other reasons, for example because of changes to expectations relating to ore reserves and mineral resources, production rates, renewal of operating licences or economic conditions. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in closure estimates at the Group’s ongoing operations could result in a material adjustment to assets and liabilities in the next 12 months and would also impact the depreciation and the unwind of discount in future years.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes to closure cost estimates for closed operations, and changes to environmental cost estimates at any operation, could cause a material adjustment to the income statement and closure liability. We do not consider that there is significant risk of a change in estimates for these liabilities causing a material adjustment to the income statement in the next 12 months. Any new environmental incidents may require a material provision but cannot be predicted.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Project specific risks are embedded within the cash flows which are based on a central case estimate of closure activities assuming that the obligation is fulfilled by the Group. These cash flows are then discounted using a discount rate specific to the class of obligations. </span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr></table></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions of US$15,759 million (2021: US$14,542 million) for close-down and restoration costs and environmental clean-up obligations are based on risk-adjusted cash flows. We re-assessed the closure discount rate in the current year and continue to consider that real rate of 1.5%, applied prospectively since 30 September 2020, is the most appropriate rate to use. This assumption is based on the currency in which we plan to fund the closures and our expectation of long-term interest rate and exchange rate parity in the locations of our operations. Prior to 30 September 2020 and in recent years, the close-down and restoration costs and environmental clean-up obligations were discounted at a real rate of 2.0%. To illustrate the sensitivity of the provision to discounting, if the discount rate at 31 December 2022 were decreased to 1.0% then the provision would be US$1.5 billion higher, of which approximately US$1.4 billion would be capitalised within “Property, plant and equipment” at operating sites and US$0.1 billion would be charged to the income statement for non-operating and fully impaired sites. If the discount rate were increased to 3.0% then the provision would be US$3.0 billion lower, of which approximately US$2.7 billion would result in a decrease within “Property, plant and equipment” at operating sites and US$0.3 billion would be credited to the income statement for non-operating and fully impaired sites. </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"><span id="i5bd16cca1df044fa9c95de037893bedb_0-1-1-1-1777254"/></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Close-down, restoration and environmental cost</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The underlying costs for closure have been estimated with varying degrees of precision based on a function of the age of the underlying asset and proximity to closure. For assets within ten years of closure, closure plans and cost estimates are supported by detailed studies which are refined as the closure date approaches. These closure studies consider climate change and plan for resilience to expected climate conditions with a particular focus on precipitation rates. For new developments, consideration of climate change and ultimate closure conditions are an important part of the approval process. For longer-lived assets, closure provisions are typically based on conceptual level studies that are refreshed at least every five years; these are evolving to incorporate greater consideration of forecast climate conditions at closure.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Closure cost composition as at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decommissioning, decontamination and demolition</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,386 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,343 </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Closure and rehabilitation earthworks</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,760 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,125 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term water management costs</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,092 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">967 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post closure monitoring and maintenance</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,846 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,676 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Indirect costs, owners' costs and contingency</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,675 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,431 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">A key component of earthworks rehabilitation involves re-landscaping the area disturbed by mining activities utilising largely diesel powered heavy mobile equipment. In developing low-carbon solutions for our mobile fleet, this may include electrification of the vehicles during the mine life. The forecast cash flows for the heavy mobile equipment in the closure cost estimate are based on existing fuel sources. The cost incurred during closure could reduce if these activities are powered by renewable energy.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Long-term water management relates to the post-closure treatment of water due to acid rock drainage and other environmental commitments and is an area of research and development focus for our Closure team. The cost of this water processing can continue for many years after the bulk earthworks and demolition activities have completed and are therefore exposed to long-term climate change. This could materially affect rates of precipitation and therefore change the volume of water requiring processing. It is not currently possible to forecast accurately the impact this could have on the closure provision as some of our locations could experience drier conditions whereas others could experience greater rainfall. A further consideration relates to the alternative commercial use for the processed water, which could support ultimate transfer of these costs to a third party.</span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Indirect costs, owners' costs and contingency include adjustments to the underlying cash flows to align the closure provision with a central-case estimate. This excludes allowances for quantitative estimation uncertainties, which are allocated to the underlying cost driver and presented within the respective cost categories above.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Geographic composition as at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,983 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,605 </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">USA</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,680 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,057 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,730 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,662 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rest of World</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,366 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,218 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The geographic composition of the closure provision shows that our closure obligations are largely in countries with established levels of regulation in respect of mine and site closure.</span></div>
CY2022 ifrs-full Description Of Accounting Policy For Environment Related Expense Explanatory
DescriptionOfAccountingPolicyForEnvironmentRelatedExpenseExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has provisions for close-down and restoration costs which include the dismantling and demolition of infrastructure, the removal of residual materials and the remediation of disturbed areas for mines and certain refineries and smelters. The obligation may occur during development or during the production phase of a facility. These provisions are based on all regulatory requirements and any other commitments made to stakeholders. The provision excludes the impact of future disturbance which is planned to occur during the life of mine, so that it represents only incurred disturbance as at the balance sheet date. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closure provisions are not made for those operations that have no known restrictions on their lives as the closure dates cannot be reliably estimated, instead a contingent liability is disclosed, refer to note 37. This applies primarily to certain Canadian smelters which have indefinite-lived water rights from local governments permitting electricity generation from hydro-power stations. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Close-down and restoration costs are a normal consequence of mining or production, and the majority of close-down and restoration expenditure is incurred in the years following closure of the mine, refinery or smelter. Although the ultimate cost to be incurred is uncertain, the Group’s businesses estimate their costs using current restoration standards, techniques and expected climate conditions. The costs are estimated on the basis of a closure plan, and are reviewed at each reporting period during the life of the operation to reflect known developments. The estimates are also subject to formal review, with appropriate external support, at regular intervals. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The timing of closure and the rehabilitation plans for the site can be uncertain and dependent upon future capital allocation decisions which involve estimation of future economic circumstances and business cases. In such circumstances, the closure provision is estimated using probability weighting of the different remediation and closure scenarios. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The initial close-down and restoration provision is capitalised within “Property, plant and equipment”. Subsequent movements in the close-down and restoration provisions for ongoing operations are treated as an adjustment to cost within “Property, plant and equipment”. This includes those resulting from new disturbance related to expansions or other activities qualifying for capitalisation; updated cost estimates; changes to the estimated lives of operations; changes to the timing of closure activities; and revisions to discount rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in closure provisions relating to closed operations are charged/credited to “Net operating costs” in the income statement. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where rehabilitation is conducted systematically over the life of the operation, rather than at the time of closure, provision is made for the estimated outstanding continuous rehabilitation work at each balance sheet date and the cost is charged to the income statement. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The closure provision is represented by forecast future underlying cash flows expressed in real terms at the balance sheet date. These are discounted for the time value of money based on a long-term view of low-risk market yields which includes a review of historic trends plus risks and opportunities for which future cash flows have not been adjusted, namely potential improvements in closure practices between the reporting date and the point at which rehabilitation spend takes place. The real-terms discount rate used is 1.5% (2021: 1.5%) which is applied to all locations since we expect to meet closure cash flows principally from US dollar revenues and financing, with activities co-ordinated by the Group's central closure team.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">To roll forward those real-terms cash flows between periods, we identify local rates of inflation based on Producer Price Inflation (PPI) indices and together with the real-terms discount rate unwind the discount through the line “amortisation of discount”, shown within “Finance items” in the income statement. This nominal rate for cost escalation in the current financial year is estimated at the start of each half-year and applied systematically for six months. At the end of each half-year we update the underlying cash flows for the latest estimate of experienced inflation for the current financial year and record this as “changes to existing provisions”. For operating sites this adjustment usually results in a corresponding adjustment to Property, Plant and Equipment and for closed and fully impaired sites the adjustment is charged or credited to the income statement.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, our subsidiaries make a contribution to trust funds in order to meet or reimburse future environmental and decommissioning costs. Amounts due for reimbursement from trust funds are not offset against the corresponding closure provision unless payments into the fund have the effect of passing the closure obligation to the trust. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Environmental costs result from environmental damage that was not a necessary consequence of operations, and may include remediation, compensation and penalties. Provision is made for the estimated present value of such costs at the balance sheet date. These costs are charged to “Net operating costs”, except for the unwinding of the discount which is shown within “Finance items”. </span></div>Remediation procedures may commence soon after the time the disturbance, remediation process and estimated remediation costs become known, but can continue for many years depending on the nature of the disturbance and the remediation techniques used.
CY2022Q4 rio Discount Rate Applied To Close Down Restoration And Environmental Obligations
DiscountRateAppliedToCloseDownRestorationAndEnvironmentalObligations
0.015
CY2021Q4 rio Discount Rate Applied To Close Down Restoration And Environmental Obligations
DiscountRateAppliedToCloseDownRestorationAndEnvironmentalObligations
0.015
CY2022 ifrs-full Disclosure Of Other Provisions Explanatory
DisclosureOfOtherProvisionsExplanatory
<div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,335 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(699)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(483)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to mining properties/right of use assets:</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">541 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,475 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(72)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– exchange losses on provisions</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– amortisation of discount</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,517 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">415 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(609)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(541)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,142 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,023 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,617 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,519 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Close-down, restoration and environmental liabilities at 31 December 2022 have not been adjusted for closure-related receivables amounting to US$351 million (2021: US$410 million) due from the ERA trust fund and other financial assets held for the purposes of meeting closure obligations. These are included within “Receivables and other assets” on the balance sheet.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:60.647%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:8.785%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.355%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:8.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="padding-left:14.17pt"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">post-retirement</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">healthcare</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">employee</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">entitlements</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,098 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">394 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,492 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,474 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(73)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(26)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(99)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(34)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">142 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">231 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">273 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(12)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(12)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(172)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(82)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(254)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(231)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Re-measurement gains recognised in other comprehensive income</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(701)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(701)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(687)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(282)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,294 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">364 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,658 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,492 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">291 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">353 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">383 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,232 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,305 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,109 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,294 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">364 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,658 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,492 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:6.79pt">The main assumptions used to determine the provision for pensions and post-retirement healthcare, and other information, including the expected level of future funding payments in respect of those arrangements, are given in note 28.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">The provision for other employee entitlements includes a provision for long service leave of </span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$271 million (</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021: US$272 million), based on the relevant entitlements in certain Group operations, and includes </span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$32 million </span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2021: US$60 million) of provision for redundancy and severance payments.</span></div><div style="margin-bottom:4pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">856 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment to opening balance on transition to new accounting standard (refer to page <a href="#i4e1fde2b483e4a95b74bd78074955f5c_123" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%;text-decoration:none">155</a>)</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Restated opening balance</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,019 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">856 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(29)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to mining properties/right of use assets:</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">365 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">382 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(66)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(37)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– amortisation of discount</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(176)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(128)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">193 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(48)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,298 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">554 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">744 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,298 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">Transfers and other movements includes US$211 million for additional consideration to be paid to the dissenting shareholders of the Turquoise Hill Resources transaction. It represents the difference between their initial consideration of C$34.4 per share and C$43 per share paid to all other shareholders, with the final amount and timing to be determined by dissent proceedings. As a transaction with shareholders of a subsidiary in their capacity as owners, this adjustment has been made through equity.</span></div>
CY2022 rio Number Of Operations With Remaining Lives Under Ten Years
NumberOfOperationsWithRemainingLivesUnderTenYears
16 operation
CY2022 rio Average Restricted Period Of Underlying Cash Flows For Provision
AverageRestrictedPeriodOfUnderlyingCashFlowsForProvision
P30Y
CY2022Q4 rio Provision For Decommissioning Restoration And Rehabilitation Costs Undiscounted Cash Flows
ProvisionForDecommissioningRestorationAndRehabilitationCostsUndiscountedCashFlows
20433000000 usd
CY2021Q4 rio Provision For Decommissioning Restoration And Rehabilitation Costs Undiscounted Cash Flows
ProvisionForDecommissioningRestorationAndRehabilitationCostsUndiscountedCashFlows
18775000000 usd
CY2021Q4 ifrs-full Temporary Differences Associated With Investments In Subsidiaries Branches And Associates And Interests In Joint Ventures
TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures
2081000000 usd
CY2022 ifrs-full Additions To Rightofuse Assets
AdditionsToRightofuseAssets
303000000 usd
CY2021 ifrs-full Additions To Rightofuse Assets
AdditionsToRightofuseAssets
542000000 usd
CY2022 ifrs-full Depreciation Rightofuse Assets
DepreciationRightofuseAssets
356000000 usd
CY2021 ifrs-full Depreciation Rightofuse Assets
DepreciationRightofuseAssets
332000000 usd
CY2022 ifrs-full Disclosure Of Provisions Explanatory
DisclosureOfProvisionsExplanatory
<div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has provisions for close-down and restoration costs which include the dismantling and demolition of infrastructure, the removal of residual materials and the remediation of disturbed areas for mines and certain refineries and smelters. The obligation may occur during development or during the production phase of a facility. These provisions are based on all regulatory requirements and any other commitments made to stakeholders. The provision excludes the impact of future disturbance which is planned to occur during the life of mine, so that it represents only incurred disturbance as at the balance sheet date. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closure provisions are not made for those operations that have no known restrictions on their lives as the closure dates cannot be reliably estimated, instead a contingent liability is disclosed, refer to note 37. This applies primarily to certain Canadian smelters which have indefinite-lived water rights from local governments permitting electricity generation from hydro-power stations. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Close-down and restoration costs are a normal consequence of mining or production, and the majority of close-down and restoration expenditure is incurred in the years following closure of the mine, refinery or smelter. Although the ultimate cost to be incurred is uncertain, the Group’s businesses estimate their costs using current restoration standards, techniques and expected climate conditions. The costs are estimated on the basis of a closure plan, and are reviewed at each reporting period during the life of the operation to reflect known developments. The estimates are also subject to formal review, with appropriate external support, at regular intervals. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The timing of closure and the rehabilitation plans for the site can be uncertain and dependent upon future capital allocation decisions which involve estimation of future economic circumstances and business cases. In such circumstances, the closure provision is estimated using probability weighting of the different remediation and closure scenarios. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The initial close-down and restoration provision is capitalised within “Property, plant and equipment”. Subsequent movements in the close-down and restoration provisions for ongoing operations are treated as an adjustment to cost within “Property, plant and equipment”. This includes those resulting from new disturbance related to expansions or other activities qualifying for capitalisation; updated cost estimates; changes to the estimated lives of operations; changes to the timing of closure activities; and revisions to discount rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in closure provisions relating to closed operations are charged/credited to “Net operating costs” in the income statement. </span></div><div style="margin-bottom:5pt"><span><br/></span></div></div><div style="display:inline-block;max-width:2.704%;min-width:1.704%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.649%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where rehabilitation is conducted systematically over the life of the operation, rather than at the time of closure, provision is made for the estimated outstanding continuous rehabilitation work at each balance sheet date and the cost is charged to the income statement. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The closure provision is represented by forecast future underlying cash flows expressed in real terms at the balance sheet date. These are discounted for the time value of money based on a long-term view of low-risk market yields which includes a review of historic trends plus risks and opportunities for which future cash flows have not been adjusted, namely potential improvements in closure practices between the reporting date and the point at which rehabilitation spend takes place. The real-terms discount rate used is 1.5% (2021: 1.5%) which is applied to all locations since we expect to meet closure cash flows principally from US dollar revenues and financing, with activities co-ordinated by the Group's central closure team.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">To roll forward those real-terms cash flows between periods, we identify local rates of inflation based on Producer Price Inflation (PPI) indices and together with the real-terms discount rate unwind the discount through the line “amortisation of discount”, shown within “Finance items” in the income statement. This nominal rate for cost escalation in the current financial year is estimated at the start of each half-year and applied systematically for six months. At the end of each half-year we update the underlying cash flows for the latest estimate of experienced inflation for the current financial year and record this as “changes to existing provisions”. For operating sites this adjustment usually results in a corresponding adjustment to Property, Plant and Equipment and for closed and fully impaired sites the adjustment is charged or credited to the income statement.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, our subsidiaries make a contribution to trust funds in order to meet or reimburse future environmental and decommissioning costs. Amounts due for reimbursement from trust funds are not offset against the corresponding closure provision unless payments into the fund have the effect of passing the closure obligation to the trust. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Environmental costs result from environmental damage that was not a necessary consequence of operations, and may include remediation, compensation and penalties. Provision is made for the estimated present value of such costs at the balance sheet date. These costs are charged to “Net operating costs”, except for the unwinding of the discount which is shown within “Finance items”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remediation procedures may commence soon after the time the disturbance, remediation process and estimated remediation costs become known, but can continue for many years depending on the nature of the disturbance and the remediation techniques used. </span></div></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,335 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(699)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(483)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to mining properties/right of use assets:</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">541 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,475 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(72)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– exchange losses on provisions</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– amortisation of discount</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,517 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">415 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(609)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(541)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,142 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,023 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,617 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,519 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Close-down, restoration and environmental liabilities at 31 December 2022 have not been adjusted for closure-related receivables amounting to US$351 million (2021: US$410 million) due from the ERA trust fund and other financial assets held for the purposes of meeting closure obligations. These are included within “Receivables and other assets” on the balance sheet.</span></div><div style="text-indent:3.82pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:10pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key judgment - Close-down, restoration and environmental obligations</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We use our judgment and experience to determine the potential scope of closure rehabilitation work required to meet the Group’s legal, statutory and constructive obligations, and any other commitments made to stakeholders, and the options and techniques available to meet those obligations and estimate the associated costs and the likely timing of those costs. Significant judgment is also required to determine both the costs associated with that work and the other assumptions used to calculate the provision. External experts support the cost estimation process where appropriate but there remains significant estimation uncertainty.</span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The key judgment in applying this accounting policy is determining when an estimate is sufficiently reliable to make or adjust a closure provision. Adjustments are made to provisions when the range of possible outcomes becomes sufficiently narrow to permit reliable estimation. Depending on the materiality of the change, adjustments may require review and endorsement by the Group’s Closure Steering Committee before the provision is updated.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cost estimates are updated throughout the life of the operation; generally cost estimates must comply with the Group’s Capital Project Framework once the operation is ten years from expected closure. This means, for example, that where an Order of Magnitude (OoM) study is required for closure it must be of the same standard as an OoM study for a new mine, smelter or refinery. As at 31 December 2022, there are 16 operations with remaining lives of under 10 years before taking into account unapproved extensions. The largest closure study finalised during 2022 related to the Ranger Uranium mine operated by Energy Resources of Australia. In 2021 the preliminary information from this study resulted in an increase to closure liabilities of US$510 million; the finalisation of the study in 2022 did not result in a further significant change.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, the closure study may indicate that monitoring and, potentially, remediation will be required indefinitely - for example, ground water treatment. In these cases the underlying cash flows for the provision may be restricted to a period for which the costs can be reliably estimated, which on average is around 30 years</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">. W</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">here an alternative commercial arrangement to meet our obligations can be predicted with confidence, this period may be shorter.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closure provisions are not made for those operations that have no known restrictions on their lives as the closure dates cannot be reliably estimated. This applies primarily to certain Canadian smelters which have indefinite-lived water rights or power agreements for renewable power sources with local governments, refer to note 37.</span></div></td><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6f7;padding:0 1pt"/></tr></table></div><div style="margin-bottom:4pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:100%">14     Close-down and restoration provisions</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:100%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Analysis of close-down and restoration/environmental clean-up provisions</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">As at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Undiscounted close-down and environmental restoration obligations</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20,433 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,775 </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Impact of discounting</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,674)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,233)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present closure obligation</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Attributable to:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Operating sites</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,598 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,727 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-operating sites</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,161 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,815 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Projected cash spend for the undiscounted close-down and restoration/environmental clean-up provision</span></div><div style="margin-top:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Undiscounted close-down and environmental restoration cash flows</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&lt;1 year<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">1-3 years<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">3-5 years<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">&gt; 5 years<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total<br/>US$m</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,142 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,986 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,426 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,879 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20,433 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,023 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,652 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,680 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,420 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,775 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Remaining lives of operations and infrastructure range from one to over 50 years with an average for all sites, weighted by present closure obligation, of around 15 years. Although the ultimate cost to be incurred is uncertain, the Group’s businesses estimate their respective costs based on current restoration standards, techniques and expected climate conditions.</span></div><div style="margin-bottom:5pt;margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key estimate - Close-down, restoration and environmental obligations</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The most significant assumptions and estimates used in calculating the provision are:</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Closure timeframes. The weighted average remaining lives of operations is shown below. Some expenditure may be incurred before closure while the operation as a whole is in production.</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">The length of any post-closure monitoring period. This will depend on the specific site requirements and the availability of alternative commercial arrangements; some expenditure can continue into perpetuity. The Rio Tinto Kennecott closure and environmental remediation provision includes an allowance for ongoing monitoring and remediation costs, including ground water treatment, of approximately US$0.7 billion.</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">The probability weighting of possible closure scenarios. The most significant impact of probability weighting is at the Pilbara operations (Iron Ore) relating to infrastructure and incorporates the expectation that some infrastructure will be retained by the relevant State authorities post closure. The assignment of probabilities to this scenario reduces the closure provision by US$0.7 billion.</span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Appropriate sources on which to base the calculation of the discount rate. The discount rate by nature is subjective and therefore sensitivities are shown below for how the provision balance, which at 31 December 2022 was US$15.8 billion, would change if discounted at alternative discount rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">There is significant estimation uncertainty in the calculation of the provision and cost estimates can vary in response to many factors including:</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Changes to the relevant legal or local/national government requirements and any other commitments made to stakeholders;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Review of remediation and relinquishment options;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Additional remediation requirements identified during the rehabilitation;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">The emergence of new restoration techniques;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Precipitation rates and climate change;</span></div><div style="margin-bottom:3pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Change in the expected closure date; and</span></div><div style="margin-bottom:5pt;padding-left:11.25pt;text-indent:-9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:3.61pt">Change in the discount rate.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Experience gained at other mine or production sites may also change expected methods or costs of closure, although elements of the restoration and rehabilitation can be unique to each site. Generally, there is relatively limited restoration and rehabilitation activity and historical precedent elsewhere in the Group, or in the industry as a whole, against which to benchmark cost estimates.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The expected timing of expenditure can also change for other reasons, for example because of changes to expectations relating to ore reserves and mineral resources, production rates, renewal of operating licences or economic conditions. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in closure estimates at the Group’s ongoing operations could result in a material adjustment to assets and liabilities in the next 12 months and would also impact the depreciation and the unwind of discount in future years.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes to closure cost estimates for closed operations, and changes to environmental cost estimates at any operation, could cause a material adjustment to the income statement and closure liability. We do not consider that there is significant risk of a change in estimates for these liabilities causing a material adjustment to the income statement in the next 12 months. Any new environmental incidents may require a material provision but cannot be predicted.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Project specific risks are embedded within the cash flows which are based on a central case estimate of closure activities assuming that the obligation is fulfilled by the Group. These cash flows are then discounted using a discount rate specific to the class of obligations. </span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/></tr></table></div><div style="margin-bottom:10pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Provisions of US$15,759 million (2021: US$14,542 million) for close-down and restoration costs and environmental clean-up obligations are based on risk-adjusted cash flows. We re-assessed the closure discount rate in the current year and continue to consider that real rate of 1.5%, applied prospectively since 30 September 2020, is the most appropriate rate to use. This assumption is based on the currency in which we plan to fund the closures and our expectation of long-term interest rate and exchange rate parity in the locations of our operations. Prior to 30 September 2020 and in recent years, the close-down and restoration costs and environmental clean-up obligations were discounted at a real rate of 2.0%. To illustrate the sensitivity of the provision to discounting, if the discount rate at 31 December 2022 were decreased to 1.0% then the provision would be US$1.5 billion higher, of which approximately US$1.4 billion would be capitalised within “Property, plant and equipment” at operating sites and US$0.1 billion would be charged to the income statement for non-operating and fully impaired sites. If the discount rate were increased to 3.0% then the provision would be US$3.0 billion lower, of which approximately US$2.7 billion would result in a decrease within “Property, plant and equipment” at operating sites and US$0.3 billion would be credited to the income statement for non-operating and fully impaired sites. </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.324%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"><span id="i5bd16cca1df044fa9c95de037893bedb_0-1-1-1-1777254"/></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="6" style="background-color:#cbe6ce;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Impact of climate change on our business - Close-down, restoration and environmental cost</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The underlying costs for closure have been estimated with varying degrees of precision based on a function of the age of the underlying asset and proximity to closure. For assets within ten years of closure, closure plans and cost estimates are supported by detailed studies which are refined as the closure date approaches. These closure studies consider climate change and plan for resilience to expected climate conditions with a particular focus on precipitation rates. For new developments, consideration of climate change and ultimate closure conditions are an important part of the approval process. For longer-lived assets, closure provisions are typically based on conceptual level studies that are refreshed at least every five years; these are evolving to incorporate greater consideration of forecast climate conditions at closure.</span></div></td><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/><td colspan="3" style="background-color:#cbe6ce;padding:0 1pt"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Closure cost composition as at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decommissioning, decontamination and demolition</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,386 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,343 </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Closure and rehabilitation earthworks</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,760 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,125 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term water management costs</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,092 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">967 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post closure monitoring and maintenance</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,846 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,676 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Indirect costs, owners' costs and contingency</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,675 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,431 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">A key component of earthworks rehabilitation involves re-landscaping the area disturbed by mining activities utilising largely diesel powered heavy mobile equipment. In developing low-carbon solutions for our mobile fleet, this may include electrification of the vehicles during the mine life. The forecast cash flows for the heavy mobile equipment in the closure cost estimate are based on existing fuel sources. The cost incurred during closure could reduce if these activities are powered by renewable energy.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Long-term water management relates to the post-closure treatment of water due to acid rock drainage and other environmental commitments and is an area of research and development focus for our Closure team. The cost of this water processing can continue for many years after the bulk earthworks and demolition activities have completed and are therefore exposed to long-term climate change. This could materially affect rates of precipitation and therefore change the volume of water requiring processing. It is not currently possible to forecast accurately the impact this could have on the closure provision as some of our locations could experience drier conditions whereas others could experience greater rainfall. A further consideration relates to the alternative commercial use for the processed water, which could support ultimate transfer of these costs to a third party.</span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Indirect costs, owners' costs and contingency include adjustments to the underlying cash flows to align the closure provision with a central-case estimate. This excludes allowances for quantitative estimation uncertainties, which are allocated to the underlying cost driver and presented within the respective cost categories above.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Geographic composition as at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,983 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,605 </span></td><td style="background-color:#ffffff;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">USA</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,680 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,057 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,730 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,662 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rest of World</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,366 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,218 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The geographic composition of the closure provision shows that our closure obligations are largely in countries with established levels of regulation in respect of mine and site closure.</span></div>
CY2022 ifrs-full Description Of Accounting Policy For Environment Related Expense Explanatory
DescriptionOfAccountingPolicyForEnvironmentRelatedExpenseExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has provisions for close-down and restoration costs which include the dismantling and demolition of infrastructure, the removal of residual materials and the remediation of disturbed areas for mines and certain refineries and smelters. The obligation may occur during development or during the production phase of a facility. These provisions are based on all regulatory requirements and any other commitments made to stakeholders. The provision excludes the impact of future disturbance which is planned to occur during the life of mine, so that it represents only incurred disturbance as at the balance sheet date. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Closure provisions are not made for those operations that have no known restrictions on their lives as the closure dates cannot be reliably estimated, instead a contingent liability is disclosed, refer to note 37. This applies primarily to certain Canadian smelters which have indefinite-lived water rights from local governments permitting electricity generation from hydro-power stations. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Close-down and restoration costs are a normal consequence of mining or production, and the majority of close-down and restoration expenditure is incurred in the years following closure of the mine, refinery or smelter. Although the ultimate cost to be incurred is uncertain, the Group’s businesses estimate their costs using current restoration standards, techniques and expected climate conditions. The costs are estimated on the basis of a closure plan, and are reviewed at each reporting period during the life of the operation to reflect known developments. The estimates are also subject to formal review, with appropriate external support, at regular intervals. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The timing of closure and the rehabilitation plans for the site can be uncertain and dependent upon future capital allocation decisions which involve estimation of future economic circumstances and business cases. In such circumstances, the closure provision is estimated using probability weighting of the different remediation and closure scenarios. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The initial close-down and restoration provision is capitalised within “Property, plant and equipment”. Subsequent movements in the close-down and restoration provisions for ongoing operations are treated as an adjustment to cost within “Property, plant and equipment”. This includes those resulting from new disturbance related to expansions or other activities qualifying for capitalisation; updated cost estimates; changes to the estimated lives of operations; changes to the timing of closure activities; and revisions to discount rates. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Changes in closure provisions relating to closed operations are charged/credited to “Net operating costs” in the income statement. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where rehabilitation is conducted systematically over the life of the operation, rather than at the time of closure, provision is made for the estimated outstanding continuous rehabilitation work at each balance sheet date and the cost is charged to the income statement. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The closure provision is represented by forecast future underlying cash flows expressed in real terms at the balance sheet date. These are discounted for the time value of money based on a long-term view of low-risk market yields which includes a review of historic trends plus risks and opportunities for which future cash flows have not been adjusted, namely potential improvements in closure practices between the reporting date and the point at which rehabilitation spend takes place. The real-terms discount rate used is 1.5% (2021: 1.5%) which is applied to all locations since we expect to meet closure cash flows principally from US dollar revenues and financing, with activities co-ordinated by the Group's central closure team.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">To roll forward those real-terms cash flows between periods, we identify local rates of inflation based on Producer Price Inflation (PPI) indices and together with the real-terms discount rate unwind the discount through the line “amortisation of discount”, shown within “Finance items” in the income statement. This nominal rate for cost escalation in the current financial year is estimated at the start of each half-year and applied systematically for six months. At the end of each half-year we update the underlying cash flows for the latest estimate of experienced inflation for the current financial year and record this as “changes to existing provisions”. For operating sites this adjustment usually results in a corresponding adjustment to Property, Plant and Equipment and for closed and fully impaired sites the adjustment is charged or credited to the income statement.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In some cases, our subsidiaries make a contribution to trust funds in order to meet or reimburse future environmental and decommissioning costs. Amounts due for reimbursement from trust funds are not offset against the corresponding closure provision unless payments into the fund have the effect of passing the closure obligation to the trust. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Environmental costs result from environmental damage that was not a necessary consequence of operations, and may include remediation, compensation and penalties. Provision is made for the estimated present value of such costs at the balance sheet date. These costs are charged to “Net operating costs”, except for the unwinding of the discount which is shown within “Finance items”. </span></div>Remediation procedures may commence soon after the time the disturbance, remediation process and estimated remediation costs become known, but can continue for many years depending on the nature of the disturbance and the remediation techniques used.
CY2022Q4 rio Discount Rate Applied To Close Down Restoration And Environmental Obligations
DiscountRateAppliedToCloseDownRestorationAndEnvironmentalObligations
0.015
CY2021Q4 rio Discount Rate Applied To Close Down Restoration And Environmental Obligations
DiscountRateAppliedToCloseDownRestorationAndEnvironmentalObligations
0.015
CY2022 ifrs-full Disclosure Of Other Provisions Explanatory
DisclosureOfOtherProvisionsExplanatory
<div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,335 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(699)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(483)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to mining properties/right of use assets:</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">520 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">541 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,475 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(72)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– exchange losses on provisions</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– amortisation of discount</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,517 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">415 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(609)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(541)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,142 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,023 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,617 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,519 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,759 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,542 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Close-down, restoration and environmental liabilities at 31 December 2022 have not been adjusted for closure-related receivables amounting to US$351 million (2021: US$410 million) due from the ERA trust fund and other financial assets held for the purposes of meeting closure obligations. These are included within “Receivables and other assets” on the balance sheet.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:60.647%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:8.785%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.355%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:8.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="padding-left:14.17pt"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">and </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">post-retirement</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">healthcare</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">employee</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">entitlements</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,098 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">394 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,492 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,474 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(73)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(26)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(99)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(34)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">142 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">231 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">273 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(12)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(12)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(172)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(82)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(254)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(231)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Re-measurement gains recognised in other comprehensive income</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(701)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(701)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(687)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(282)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,294 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">364 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,658 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,492 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">291 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">353 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">383 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,232 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,305 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,109 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,294 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">364 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,658 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,492 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'RT Vickerman',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:6.79pt">The main assumptions used to determine the provision for pensions and post-retirement healthcare, and other information, including the expected level of future funding payments in respect of those arrangements, are given in note 28.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">The provision for other employee entitlements includes a provision for long service leave of </span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$271 million (</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021: US$272 million), based on the relevant entitlements in certain Group operations, and includes </span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$32 million </span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(2021: US$60 million) of provision for redundancy and severance payments.</span></div><div style="margin-bottom:4pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">856 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment to opening balance on transition to new accounting standard (refer to page <a href="#i4e1fde2b483e4a95b74bd78074955f5c_123" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%;text-decoration:none">155</a>)</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Restated opening balance</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,019 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">856 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(29)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to mining properties/right of use assets:</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">365 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">382 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(66)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(37)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– amortisation of discount</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(176)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(128)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">193 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(48)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,298 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">554 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">744 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,298 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">Transfers and other movements includes US$211 million for additional consideration to be paid to the dissenting shareholders of the Turquoise Hill Resources transaction. It represents the difference between their initial consideration of C$34.4 per share and C$43 per share paid to all other shareholders, with the final amount and timing to be determined by dissent proceedings. As a transaction with shareholders of a subsidiary in their capacity as owners, this adjustment has been made through equity.</span></div>
CY2022 rio Number Of Operations With Remaining Lives Under Ten Years
NumberOfOperationsWithRemainingLivesUnderTenYears
16 operation
CY2022 rio Average Restricted Period Of Underlying Cash Flows For Provision
AverageRestrictedPeriodOfUnderlyingCashFlowsForProvision
P30Y
CY2022Q4 rio Provision For Decommissioning Restoration And Rehabilitation Costs Undiscounted Cash Flows
ProvisionForDecommissioningRestorationAndRehabilitationCostsUndiscountedCashFlows
20433000000 usd
CY2021Q4 rio Provision For Decommissioning Restoration And Rehabilitation Costs Undiscounted Cash Flows
ProvisionForDecommissioningRestorationAndRehabilitationCostsUndiscountedCashFlows
18775000000 usd
CY2022Q4 rio Provision For Decommissioning Restoration And Rehabilitation Costs Impact Of Discounting
ProvisionForDecommissioningRestorationAndRehabilitationCostsImpactOfDiscounting
4674000000 usd
CY2021Q4 rio Provision For Decommissioning Restoration And Rehabilitation Costs Impact Of Discounting
ProvisionForDecommissioningRestorationAndRehabilitationCostsImpactOfDiscounting
4233000000 usd
CY2022Q4 rio Provision For Decommissioning Restoration And Rehabilitation Costs Impact Of Discounting
ProvisionForDecommissioningRestorationAndRehabilitationCostsImpactOfDiscounting
4674000000 usd
CY2022Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
15759000000 usd
CY2021Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
14542000000 usd
CY2022Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
15759000000 usd
CY2021Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
14542000000 usd
CY2022 rio Remaining Lives Of Operations And Infrastructure Present Closure Obligation
RemainingLivesOfOperationsAndInfrastructurePresentClosureObligation
P15Y
CY2020Q3 rio Risk Free Interest Rate On Provisions
RiskFreeInterestRateOnProvisions
0.015
rio Risk Free Interest Rate On Provisions
RiskFreeInterestRateOnProvisions
0.020
CY2022Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
15759000000 usd
CY2021Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
14542000000 usd
CY2022Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
15759000000 usd
CY2021Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
14542000000 usd
CY2022 ifrs-full Disclosure Of Deferred Taxes Explanatory
DisclosureOfDeferredTaxesExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">15     Deferred taxation</span></div><div style="margin-bottom:4pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Recoverability of deferred tax assets</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In considering the recoverability of deferred tax assets, judgment is required regarding the extent to which certain risk factors are likely to affect the recovery of these assets. These risk factors include the risk of expiry of losses prior to utilisation, the impact of other legislation or tax regimes, such as minimum taxes, and consideration of factors that lead to the generation of losses or other deferred tax assets.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IAS 12 requires us to consider whether taxable profits will be available against which deferred tax assets may be utilised. The enactment in the US of the Corporate Alternative Minimum Tax (CAMT) in the Inflation Reduction Act 2022 has resulted in a position where, whilst the utilisation of Federal deferred tax assets will reduce our Federal corporate tax liabilities, the CAMT legislation will result in the application of the minimum tax on the adjusted financial statement income. Accordingly, whilst our latest projections demonstrate that sufficient taxable profits will be earned in future periods to utilise the existing Federal deferred tax assets, the utilisation of those Federal deferred tax assets is not expected to yield any significant economic benefit due to the application of the minimum tax and the deferred tax assets have been written down.</span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January – deferred tax (liabilities)/assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(128)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">146 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">124 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">61 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(Charged)/credited to the income statement</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(735)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(114)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(Charged)/credited to statement of comprehensive income</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(102)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(243)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December – deferred tax liabilities</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(835)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(128)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– deferred tax assets</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)(d)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,766 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,375 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– deferred tax liabilities</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,601)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,503)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax balances for which there is a right of offset within the same tax jurisdiction are presented net on the face of the balance sheet as permitted by IAS 12. The closing deferred tax assets and liabilities, prior to this offsetting of balances, are shown below.</span></div><div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Analysis of deferred tax</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Deferred tax assets arising from:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax losses</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">922 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,492 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Provisions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,051 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,165 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital allowances</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">984 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">784 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post-retirement benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">179 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">521 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unrealised exchange losses</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">189 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">188 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other temporary differences</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,265 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,356 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,590 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,506 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Deferred tax liabilities arising from:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital allowances</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,873)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(5,019)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unremitted earnings</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(372)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(366)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capitalised interest</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(330)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(342)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post-retirement benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(149)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(327)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unrealised exchange gains</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other temporary differences</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(690)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(577)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,425)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,634)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(Charged)/credited to the income statement</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unrealised exchange losses</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax losses</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(525)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(375)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Provisions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">216 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital allowances</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">65 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(42)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax on unremitted earnings</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post-retirement benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(59)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other temporary differences</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(235)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">67 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(735)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(114)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">The amounts (charged)/credited directly to the statement of comprehensive income include provisions for tax on cash flow hedges and on re-measurement gains/(losses) on pension schemes and on post-retirement healthcare plans. </span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">“Other movements” include deferred tax relating to tax payable recognised by subsidiary holding companies on the profits of the equity accounted units to which it relates. </span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.16pt">US$868 million (2021: US$1,152 million) of recognised deferred tax assets are subject to expiry if not recovered within certain time limits as specified in local tax legislation and investment agreements. US$nil (2021: US$nil) of those recognised assets would expire within one year if not used, US$105 million (2021: US$71 million) would expire within <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjk3ODdiOTMxZjYzNDQ5ZmJiMTBkZjZjZTA0Yzc4MWZmL3NlYzo5Nzg3YjkzMWY2MzQ0OWZiYjEwZGY2Y2UwNGM3ODFmZl85MS9mcmFnOjdjOGFiZmM2YmJmMTRlNjQ5ODk5MDU0Y2E1YmEwNTRmL3RleHRyZWdpb246N2M4YWJmYzZiYmYxNGU2NDk4OTkwNTRjYTViYTA1NGZfNjY_82b96bf8-e684-44c2-bea3-2c0cfef860fb">one</span> to five years, and US$763 million (2021: US$1,081 million) would expire in more than five years.</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">Recognised and unrecognised deferred tax assets are shown in the table below and totalled US$7,850 million at 31 December 2022 (2021: US$7,024 million). Of this total, US$2,766 million has been recognised as deferred tax assets (2021: US$3,375 million), leaving US$5,084 million (2021: US$3,649 million) unrecognised, as recovery is not considered probable. </span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.18pt">Deferred tax liabilities are not recognised on the unremitted earnings of subsidiaries and joint ventures totalling US$2,730 million (2021: US$2,081 million) where the Group is able to control the timing of the remittance and it is probable that there will be no remittance in the foreseeable future. If these earnings were remitted, tax of US$140 million (2021: US$103 million) would be payable. </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The recognised amounts in the table below do not include deferred tax assets that have been netted off against deferred tax liabilities.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Analysis of deferred tax assets</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:center"><span><br/></span></div></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Recognised</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Unrecognised</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">France</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,204 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,222 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada </span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">457 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">545 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">580 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">538 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">115 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">851 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">847 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">67 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">722 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">787 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">533 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">506 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mongolia</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,213 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">954 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">257 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">406 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">259 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,663 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">910 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,766 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,375 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,084 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,649 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">As noted above, whilst our US group companies expect to generate sufficient taxable profits to utilise existing Federal deferred tax assets, the application of the new Corporate Alternative Minimum Tax rules has resulted in a position where no material future tax benefit will be derived from the utilisation of Federal deferred tax assets and consequently these deferred tax assets are included as 'unrecognised' in this table at 31 December 2022.</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">Deferred tax assets in Mongolia include US$73 million (2021: US$108 million) from tax losses that expire if not recovered against taxable profits within eight years. Tax losses have been calculated in accordance with the tax stability provisions of the Oyu Tolgoi Investment Agreement and Mongolian laws. The interpretation of the stabilised tax laws by the Mongolian Tax Authority has been, and is expected to continue to be, subject to dispute. Changes to agreements or their interpretation could have a material impact on the amount and period of recovery of deferred tax assets.</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.16pt">US$1,490 million (2021: US$705 million) of the unrecognised assets relate to realised or unrealised capital losses, the recovery of which depends on the existence of capital gains in future years. There are time limits, the shortest of which is one year, for the recovery of US$473 million of the unrecognised assets (2021: US$356 million).</span></div>
CY2022Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
15759000000 usd
CY2021Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
14542000000 usd
CY2022Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
15759000000 usd
CY2021Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
14542000000 usd
CY2022Q4 rio Provision For Decommissioning Restoration And Rehabilitation Costs Undiscounted Cash Flows
ProvisionForDecommissioningRestorationAndRehabilitationCostsUndiscountedCashFlows
20433000000 usd
CY2021Q4 rio Provision For Decommissioning Restoration And Rehabilitation Costs Undiscounted Cash Flows
ProvisionForDecommissioningRestorationAndRehabilitationCostsUndiscountedCashFlows
18775000000 usd
CY2022 rio Remaining Lives Of Operations And Infrastructure Present Closure Obligation
RemainingLivesOfOperationsAndInfrastructurePresentClosureObligation
P15Y
CY2020Q3 rio Risk Free Interest Rate On Provisions
RiskFreeInterestRateOnProvisions
0.015
rio Risk Free Interest Rate On Provisions
RiskFreeInterestRateOnProvisions
0.020
CY2022Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
15759000000 usd
CY2021Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
14542000000 usd
CY2022Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
15759000000 usd
CY2021Q4 ifrs-full Provision For Decommissioning Restoration And Rehabilitation Costs
ProvisionForDecommissioningRestorationAndRehabilitationCosts
14542000000 usd
CY2022 ifrs-full Disclosure Of Deferred Taxes Explanatory
DisclosureOfDeferredTaxesExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">15     Deferred taxation</span></div><div style="margin-bottom:4pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Recoverability of deferred tax assets</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In considering the recoverability of deferred tax assets, judgment is required regarding the extent to which certain risk factors are likely to affect the recovery of these assets. These risk factors include the risk of expiry of losses prior to utilisation, the impact of other legislation or tax regimes, such as minimum taxes, and consideration of factors that lead to the generation of losses or other deferred tax assets.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IAS 12 requires us to consider whether taxable profits will be available against which deferred tax assets may be utilised. The enactment in the US of the Corporate Alternative Minimum Tax (CAMT) in the Inflation Reduction Act 2022 has resulted in a position where, whilst the utilisation of Federal deferred tax assets will reduce our Federal corporate tax liabilities, the CAMT legislation will result in the application of the minimum tax on the adjusted financial statement income. Accordingly, whilst our latest projections demonstrate that sufficient taxable profits will be earned in future periods to utilise the existing Federal deferred tax assets, the utilisation of those Federal deferred tax assets is not expected to yield any significant economic benefit due to the application of the minimum tax and the deferred tax assets have been written down.</span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January – deferred tax (liabilities)/assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(128)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">146 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">124 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">61 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(Charged)/credited to the income statement</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(735)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(114)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(Charged)/credited to statement of comprehensive income</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(102)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(243)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December – deferred tax liabilities</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(835)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(128)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– deferred tax assets</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)(d)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,766 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,375 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– deferred tax liabilities</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,601)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,503)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred tax balances for which there is a right of offset within the same tax jurisdiction are presented net on the face of the balance sheet as permitted by IAS 12. The closing deferred tax assets and liabilities, prior to this offsetting of balances, are shown below.</span></div><div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Analysis of deferred tax</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Deferred tax assets arising from:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax losses</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">922 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,492 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Provisions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,051 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,165 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital allowances</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">984 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">784 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post-retirement benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">179 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">521 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unrealised exchange losses</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">189 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">188 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other temporary differences</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,265 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,356 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,590 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,506 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Deferred tax liabilities arising from:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital allowances</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,873)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(5,019)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unremitted earnings</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(372)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(366)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capitalised interest</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(330)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(342)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post-retirement benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(149)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(327)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unrealised exchange gains</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other temporary differences</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(690)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(577)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,425)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,634)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(Charged)/credited to the income statement</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unrealised exchange losses</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax losses</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(525)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(375)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Provisions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">216 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital allowances</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">65 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(42)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax on unremitted earnings</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post-retirement benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(59)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other temporary differences</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(235)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">67 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(735)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(114)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">The amounts (charged)/credited directly to the statement of comprehensive income include provisions for tax on cash flow hedges and on re-measurement gains/(losses) on pension schemes and on post-retirement healthcare plans. </span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">“Other movements” include deferred tax relating to tax payable recognised by subsidiary holding companies on the profits of the equity accounted units to which it relates. </span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.16pt">US$868 million (2021: US$1,152 million) of recognised deferred tax assets are subject to expiry if not recovered within certain time limits as specified in local tax legislation and investment agreements. US$nil (2021: US$nil) of those recognised assets would expire within one year if not used, US$105 million (2021: US$71 million) would expire within <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjk3ODdiOTMxZjYzNDQ5ZmJiMTBkZjZjZTA0Yzc4MWZmL3NlYzo5Nzg3YjkzMWY2MzQ0OWZiYjEwZGY2Y2UwNGM3ODFmZl85MS9mcmFnOjdjOGFiZmM2YmJmMTRlNjQ5ODk5MDU0Y2E1YmEwNTRmL3RleHRyZWdpb246N2M4YWJmYzZiYmYxNGU2NDk4OTkwNTRjYTViYTA1NGZfNjY_82b96bf8-e684-44c2-bea3-2c0cfef860fb">one</span> to five years, and US$763 million (2021: US$1,081 million) would expire in more than five years.</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">Recognised and unrecognised deferred tax assets are shown in the table below and totalled US$7,850 million at 31 December 2022 (2021: US$7,024 million). Of this total, US$2,766 million has been recognised as deferred tax assets (2021: US$3,375 million), leaving US$5,084 million (2021: US$3,649 million) unrecognised, as recovery is not considered probable. </span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.18pt">Deferred tax liabilities are not recognised on the unremitted earnings of subsidiaries and joint ventures totalling US$2,730 million (2021: US$2,081 million) where the Group is able to control the timing of the remittance and it is probable that there will be no remittance in the foreseeable future. If these earnings were remitted, tax of US$140 million (2021: US$103 million) would be payable. </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The recognised amounts in the table below do not include deferred tax assets that have been netted off against deferred tax liabilities.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Analysis of deferred tax assets</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:center"><span><br/></span></div></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Recognised</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Unrecognised</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%"><br/></span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">France</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,204 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,222 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada </span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">457 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">545 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">580 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">538 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">115 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">851 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">847 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">67 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">722 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">787 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">533 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">506 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mongolia</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,213 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">954 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">257 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">406 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">259 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,663 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">910 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,766 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,375 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,084 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,649 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">As noted above, whilst our US group companies expect to generate sufficient taxable profits to utilise existing Federal deferred tax assets, the application of the new Corporate Alternative Minimum Tax rules has resulted in a position where no material future tax benefit will be derived from the utilisation of Federal deferred tax assets and consequently these deferred tax assets are included as 'unrecognised' in this table at 31 December 2022.</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">Deferred tax assets in Mongolia include US$73 million (2021: US$108 million) from tax losses that expire if not recovered against taxable profits within eight years. Tax losses have been calculated in accordance with the tax stability provisions of the Oyu Tolgoi Investment Agreement and Mongolian laws. The interpretation of the stabilised tax laws by the Mongolian Tax Authority has been, and is expected to continue to be, subject to dispute. Changes to agreements or their interpretation could have a material impact on the amount and period of recovery of deferred tax assets.</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.16pt">US$1,490 million (2021: US$705 million) of the unrecognised assets relate to realised or unrealised capital losses, the recovery of which depends on the existence of capital gains in future years. There are time limits, the shortest of which is one year, for the recovery of US$473 million of the unrecognised assets (2021: US$356 million).</span></div>
CY2021Q4 ifrs-full Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
128000000 usd
CY2020Q4 ifrs-full Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
-146000000 usd
CY2022 ifrs-full Increase Decrease Through Net Exchange Differences Deferred Tax Liability Asset
IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset
124000000 usd
CY2021Q4 ifrs-full Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
128000000 usd
CY2020Q4 ifrs-full Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
-146000000 usd
CY2022 ifrs-full Increase Decrease Through Net Exchange Differences Deferred Tax Liability Asset
IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset
124000000 usd
CY2021 ifrs-full Increase Decrease Through Net Exchange Differences Deferred Tax Liability Asset
IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset
61000000 usd
CY2022 ifrs-full Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
-735000000 usd
CY2021 ifrs-full Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
-114000000 usd
CY2022 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome
-102000000 usd
CY2021 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome
-243000000 usd
CY2022 ifrs-full Deferred Tax Relating To Items Charged Or Credited Directly To Equity
DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity
6000000 usd
CY2021 ifrs-full Deferred Tax Relating To Items Charged Or Credited Directly To Equity
DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity
22000000 usd
CY2022Q4 ifrs-full Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
835000000 usd
CY2021Q4 ifrs-full Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
128000000 usd
CY2022Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
2766000000 usd
CY2021 ifrs-full Increase Decrease Through Net Exchange Differences Deferred Tax Liability Asset
IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset
61000000 usd
CY2022 ifrs-full Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
-735000000 usd
CY2021 ifrs-full Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
-114000000 usd
CY2022 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome
-102000000 usd
CY2021 ifrs-full Income Tax Relating To Components Of Other Comprehensive Income
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome
-243000000 usd
CY2022 ifrs-full Deferred Tax Relating To Items Charged Or Credited Directly To Equity
DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity
6000000 usd
CY2022Q4 ifrs-full Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
835000000 usd
CY2021Q4 ifrs-full Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
128000000 usd
CY2022Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
2766000000 usd
CY2021Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
3375000000 usd
CY2022Q4 ifrs-full Deferred Tax Liabilities
DeferredTaxLiabilities
3601000000 usd
CY2021Q4 ifrs-full Deferred Tax Liabilities
DeferredTaxLiabilities
3503000000 usd
CY2022Q4 ifrs-full Net Deferred Tax Assets
NetDeferredTaxAssets
-5590000000 usd
CY2021Q4 ifrs-full Net Deferred Tax Assets
NetDeferredTaxAssets
-6506000000 usd
CY2022Q4 ifrs-full Net Deferred Tax Liabilities
NetDeferredTaxLiabilities
-6425000000 usd
CY2021Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
3375000000 usd
CY2022Q4 ifrs-full Deferred Tax Liabilities
DeferredTaxLiabilities
3601000000 usd
CY2021Q4 ifrs-full Deferred Tax Liabilities
DeferredTaxLiabilities
3503000000 usd
CY2022Q4 ifrs-full Net Deferred Tax Assets
NetDeferredTaxAssets
-5590000000 usd
CY2021Q4 ifrs-full Net Deferred Tax Assets
NetDeferredTaxAssets
-6506000000 usd
CY2022Q4 ifrs-full Net Deferred Tax Liabilities
NetDeferredTaxLiabilities
-6425000000 usd
CY2021Q4 ifrs-full Net Deferred Tax Liabilities
NetDeferredTaxLiabilities
-6634000000 usd
CY2022 ifrs-full Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
-735000000 usd
CY2021 ifrs-full Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
-114000000 usd
CY2022Q4 rio Deferred Tax Assets Recognised And Unrecognised
DeferredTaxAssetsRecognisedAndUnrecognised
7850000000 usd
CY2021Q4 rio Deferred Tax Assets Recognised And Unrecognised
DeferredTaxAssetsRecognisedAndUnrecognised
7024000000 usd
CY2022Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
2766000000 usd
CY2021Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
3375000000 usd
CY2022Q4 ifrs-full Unused Tax Losses For Which No Deferred Tax Asset Recognised
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised
5084000000 usd
CY2021Q4 ifrs-full Unused Tax Losses For Which No Deferred Tax Asset Recognised
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised
3649000000 usd
CY2022Q4 ifrs-full Temporary Differences Associated With Investments In Subsidiaries Branches And Associates And Interests In Joint Ventures
TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures
2730000000 usd
CY2021Q4 ifrs-full Net Deferred Tax Liabilities
NetDeferredTaxLiabilities
-6634000000 usd
CY2022 ifrs-full Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
-735000000 usd
CY2021 ifrs-full Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
-114000000 usd
CY2022Q4 rio Deferred Tax Assets Recognised And Unrecognised
DeferredTaxAssetsRecognisedAndUnrecognised
7850000000 usd
CY2021Q4 rio Deferred Tax Assets Recognised And Unrecognised
DeferredTaxAssetsRecognisedAndUnrecognised
7024000000 usd
CY2022Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
2766000000 usd
CY2021Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
3375000000 usd
CY2022Q4 ifrs-full Unused Tax Losses For Which No Deferred Tax Asset Recognised
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised
5084000000 usd
CY2021Q4 ifrs-full Unused Tax Losses For Which No Deferred Tax Asset Recognised
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised
3649000000 usd
CY2022Q4 ifrs-full Temporary Differences Associated With Investments In Subsidiaries Branches And Associates And Interests In Joint Ventures
TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures
2730000000 usd
CY2021Q4 ifrs-full Temporary Differences Associated With Investments In Subsidiaries Branches And Associates And Interests In Joint Ventures
TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures
2081000000 usd
CY2022Q4 rio Deferred Tax Payable On Unremitted Earnings
DeferredTaxPayableOnUnremittedEarnings
140000000 usd
CY2021Q4 rio Deferred Tax Payable On Unremitted Earnings
DeferredTaxPayableOnUnremittedEarnings
103000000 usd
CY2021Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
3375000000 usd
CY2022Q4 ifrs-full Unused Tax Losses For Which No Deferred Tax Asset Recognised
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised
5084000000 usd
CY2021Q4 ifrs-full Unused Tax Losses For Which No Deferred Tax Asset Recognised
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised
3649000000 usd
CY2022 ifrs-full Disclosure Of Inventories Explanatory
DisclosureOfInventoriesExplanatory
<div style="margin-bottom:1pt;margin-top:12pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">16     Inventories</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Inventories are measured at the lower of cost and net realisable value, primarily on a weighted average cost basis. Third-party production purchased for our own use that is ordinarily interchangeable in accordance with IAS 2 is valued on the same basis, jointly with our own production. Average costs are calculated by reference to the cost levels experienced in the relevant month together with those in opening inventory. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The cost of raw materials and consumable stores is the purchase price. The cost of partly-processed and saleable products is generally the cost of production, including directly attributable labour costs, materials and contractor expenses, the depreciation of assets used in production and production overheads. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Work in progress includes ore stockpiles and other partly processed material. Stockpiles represent ore that has been extracted and is available for further processing. If there is significant uncertainty as to if and when the stockpiled ore will be processed, the cost of such ore is expensed as mined. If the ore will not be processed within 12 months after the balance sheet date, it is included within non-current assets and net realisable value is calculated on a discounted cash flow basis. Quantities of stockpiled ore are assessed primarily through surveys and assays. Certain estimates, including expected metal recoveries, are calculated using available industry, engineering and scientific data, and are periodically reassessed, taking into account technical analysis and historical performance. </span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.994%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.354%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Raw materials and purchased components</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,235 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">870 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consumable stores</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,327 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,142 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Work in progress</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,086 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,736 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Finished goods and goods for resale</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,768 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,884 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total inventories</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,416 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,632 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expected to be used within one year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,213 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,436 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expected to be used after more than one year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">203 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">196 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total inventories</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,416 </span></td><td style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,632 </span></td><td style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:3pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">During 2022, the Group recognised a net inventory write-off of US$55 million (2021:US$7 million write-back.) This included inventory write-offs of US$75 million (2021: US$18 million) offset by a write-back of previously written down inventory due to an increase in realisable values amounting to US$20 million (2021: US$25 million). </span></div>At 31 December 2022, US$850 million (2021: US$754 million) of inventories were pledged as security for liabilities.
CY2022Q4 rio Deferred Tax Payable On Unremitted Earnings
DeferredTaxPayableOnUnremittedEarnings
140000000 usd
CY2021Q4 rio Deferred Tax Payable On Unremitted Earnings
DeferredTaxPayableOnUnremittedEarnings
103000000 usd
CY2022Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
2766000000 usd
CY2021Q4 ifrs-full Deferred Tax Assets
DeferredTaxAssets
3375000000 usd
CY2022Q4 ifrs-full Unused Tax Losses For Which No Deferred Tax Asset Recognised
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised
5084000000 usd
CY2021Q4 ifrs-full Unused Tax Losses For Which No Deferred Tax Asset Recognised
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised
3649000000 usd
CY2022 ifrs-full Disclosure Of Inventories Explanatory
DisclosureOfInventoriesExplanatory
<div style="margin-bottom:1pt;margin-top:12pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">16     Inventories</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Inventories are measured at the lower of cost and net realisable value, primarily on a weighted average cost basis. Third-party production purchased for our own use that is ordinarily interchangeable in accordance with IAS 2 is valued on the same basis, jointly with our own production. Average costs are calculated by reference to the cost levels experienced in the relevant month together with those in opening inventory. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The cost of raw materials and consumable stores is the purchase price. The cost of partly-processed and saleable products is generally the cost of production, including directly attributable labour costs, materials and contractor expenses, the depreciation of assets used in production and production overheads. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Work in progress includes ore stockpiles and other partly processed material. Stockpiles represent ore that has been extracted and is available for further processing. If there is significant uncertainty as to if and when the stockpiled ore will be processed, the cost of such ore is expensed as mined. If the ore will not be processed within 12 months after the balance sheet date, it is included within non-current assets and net realisable value is calculated on a discounted cash flow basis. Quantities of stockpiled ore are assessed primarily through surveys and assays. Certain estimates, including expected metal recoveries, are calculated using available industry, engineering and scientific data, and are periodically reassessed, taking into account technical analysis and historical performance. </span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.994%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.354%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Raw materials and purchased components</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,235 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">870 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Consumable stores</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,327 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,142 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Work in progress</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,086 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,736 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Finished goods and goods for resale</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,768 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,884 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total inventories</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,416 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,632 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expected to be used within one year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,213 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,436 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Expected to be used after more than one year</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">203 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">196 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total inventories</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,416 </span></td><td style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,632 </span></td><td style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:3pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">During 2022, the Group recognised a net inventory write-off of US$55 million (2021:US$7 million write-back.) This included inventory write-offs of US$75 million (2021: US$18 million) offset by a write-back of previously written down inventory due to an increase in realisable values amounting to US$20 million (2021: US$25 million). </span></div>At 31 December 2022, US$850 million (2021: US$754 million) of inventories were pledged as security for liabilities.
CY2022 ifrs-full Description Of Accounting Policy For Measuring Inventories
DescriptionOfAccountingPolicyForMeasuringInventories
<div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Inventories are measured at the lower of cost and net realisable value, primarily on a weighted average cost basis. Third-party production purchased for our own use that is ordinarily interchangeable in accordance with IAS 2 is valued on the same basis, jointly with our own production. Average costs are calculated by reference to the cost levels experienced in the relevant month together with those in opening inventory. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The cost of raw materials and consumable stores is the purchase price. The cost of partly-processed and saleable products is generally the cost of production, including directly attributable labour costs, materials and contractor expenses, the depreciation of assets used in production and production overheads. </span></div>Work in progress includes ore stockpiles and other partly processed material. Stockpiles represent ore that has been extracted and is available for further processing. If there is significant uncertainty as to if and when the stockpiled ore will be processed, the cost of such ore is expensed as mined. If the ore will not be processed within 12 months after the balance sheet date, it is included within non-current assets and net realisable value is calculated on a discounted cash flow basis. Quantities of stockpiled ore are assessed primarily through surveys and assays. Certain estimates, including expected metal recoveries, are calculated using available industry, engineering and scientific data, and are periodically reassessed, taking into account technical analysis and historical performance.
CY2022Q4 ifrs-full Current Raw Materials And Current Production Supplies
CurrentRawMaterialsAndCurrentProductionSupplies
1235000000 usd
CY2021Q4 ifrs-full Current Raw Materials And Current Production Supplies
CurrentRawMaterialsAndCurrentProductionSupplies
870000000 usd
CY2022Q4 ifrs-full Current Raw Materials And Current Production Supplies
CurrentRawMaterialsAndCurrentProductionSupplies
1235000000 usd
CY2021Q4 ifrs-full Current Raw Materials And Current Production Supplies
CurrentRawMaterialsAndCurrentProductionSupplies
870000000 usd
CY2022Q4 ifrs-full Production Supplies
ProductionSupplies
1327000000 usd
CY2021Q4 ifrs-full Production Supplies
ProductionSupplies
1142000000 usd
CY2022Q4 ifrs-full Work In Progress
WorkInProgress
2086000000 usd
CY2021Q4 ifrs-full Work In Progress
WorkInProgress
1736000000 usd
CY2022Q4 ifrs-full Finished Goods
FinishedGoods
1768000000 usd
CY2021Q4 ifrs-full Finished Goods
FinishedGoods
1884000000 usd
CY2022Q4 ifrs-full Inventories Total
InventoriesTotal
6416000000 usd
CY2021Q4 ifrs-full Inventories Total
InventoriesTotal
5632000000 usd
CY2022Q4 ifrs-full Inventories
Inventories
6213000000 usd
CY2021Q4 ifrs-full Inventories
Inventories
5436000000 usd
CY2022Q4 ifrs-full Noncurrent Inventories
NoncurrentInventories
203000000 usd
CY2022Q4 ifrs-full Production Supplies
ProductionSupplies
1327000000 usd
CY2021Q4 ifrs-full Production Supplies
ProductionSupplies
1142000000 usd
CY2022Q4 ifrs-full Work In Progress
WorkInProgress
2086000000 usd
CY2021Q4 ifrs-full Work In Progress
WorkInProgress
1736000000 usd
CY2022Q4 ifrs-full Finished Goods
FinishedGoods
1768000000 usd
CY2021Q4 ifrs-full Finished Goods
FinishedGoods
1884000000 usd
CY2022Q4 ifrs-full Inventories Total
InventoriesTotal
6416000000 usd
CY2021Q4 ifrs-full Inventories Total
InventoriesTotal
5632000000 usd
CY2022Q4 ifrs-full Inventories
Inventories
6213000000 usd
CY2022Q4 ifrs-full Noncurrent Inventories
NoncurrentInventories
203000000 usd
CY2021Q4 ifrs-full Noncurrent Inventories
NoncurrentInventories
196000000 usd
CY2022Q4 ifrs-full Inventories Total
InventoriesTotal
6416000000 usd
CY2021Q4 ifrs-full Inventories Total
InventoriesTotal
5632000000 usd
CY2022 ifrs-full Writedowns Reversals Of Inventories
WritedownsReversalsOfInventories
55000000 usd
CY2021 ifrs-full Writedowns Reversals Of Inventories
WritedownsReversalsOfInventories
-7000000 usd
CY2022 ifrs-full Decrease Through Writeoff Financial Assets
DecreaseThroughWriteoffFinancialAssets
75000000 usd
CY2021Q4 ifrs-full Noncurrent Inventories
NoncurrentInventories
196000000 usd
CY2022Q4 ifrs-full Inventories Total
InventoriesTotal
6416000000 usd
CY2021Q4 ifrs-full Inventories Total
InventoriesTotal
5632000000 usd
CY2022 ifrs-full Writedowns Reversals Of Inventories
WritedownsReversalsOfInventories
55000000 usd
CY2021 ifrs-full Writedowns Reversals Of Inventories
WritedownsReversalsOfInventories
-7000000 usd
CY2022 ifrs-full Decrease Through Writeoff Financial Assets
DecreaseThroughWriteoffFinancialAssets
75000000 usd
CY2021 ifrs-full Decrease Through Writeoff Financial Assets
DecreaseThroughWriteoffFinancialAssets
18000000 usd
CY2021Q4 ifrs-full Inventories Pledged As Security For Liabilities
InventoriesPledgedAsSecurityForLiabilities
754000000 usd
CY2022 ifrs-full Disclosure Of Trade And Other Receivables Explanatory
DisclosureOfTradeAndOtherReceivablesExplanatory
<div style="margin-bottom:1pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">17     Receivables and other assets</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The business model for our receivables is primarily “hold to collect” (where assets are held in order to collect contractual cash flows) except those subject to our factoring programme. For our financial instruments, including receivables, held under a hold to collect business model and which have cash flows that meet the solely payments of principal and interest (‘SPPI’) criteria these are recognised at amortised cost. Where our receivables do not meet the SPPI criteria, for example our provisionally priced receivables, these are measured at fair value through profit or loss with subsequent fair value gains or losses are taken to the income statement.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A portion of our receivables participate in receivable factoring and letter of credit discounting programmes. We take advantage of these programmes to balance the impact of extended payment terms requested by our customers with our own working capital objectives or where the acceleration of cash receipts is financially beneficial compared with the cost of borrowing at the operation. We have applied our judgment when considering the business model test as defined in IFRS 9 Financial Instruments and conclude that the business model for receivables under the letter of credit discounting programme has not changed. We continue to hold these receivables at amortised cost because the sale of the letter of credit is made close to maturity of receivables and the discounting costs are immaterial. The business model for receivables subject to the global factoring programme does not meet the “hold to collect” model and therefore are classified as “held for sale”. This means the receivables are held at fair value each reporting period with the remeasurements being recorded in the income statement. Where a portion of our factored receivable is subject to recourse, that part of the receivable is not derecognised from the balance sheet and the cash received in advance is classified as a borrowing. The cash flows relating to the borrowing are shown in financing cash flows. At 31 December 2022 US$457 million (2021: US$504 million) of receivables participated in the global factoring programme and US$430 million (2021: US$418 million) participated in the letter of credit discounting programme. </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade receivables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,179 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,179 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,241 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,241 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other financial receivables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">124 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">462 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">586 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">135 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">386 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">521 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other receivables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">383 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">382 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">765 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">392 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">418 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">810 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Prepayment of tolling charges to jointly controlled entities</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">218 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">218 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">183 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">183 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pension surpluses (note 28)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">824 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">824 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,070 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,070 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other prepayments </span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">344 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">455 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">799 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">414 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">529 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">943 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,893 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,478 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,371 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,194 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,574 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,768 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">At 31 December 2022, trade and other financial receivables are stated net of allowances for expected credit losses of US$59 million</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> (</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021: US$57 million). We apply the “simplified approach” to trade receivables and receivables relating to net investment in finance leases and a “general approach” to all other financial assets.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">At 31 December 2022, other receivables include US$329 million (2021: US$388 million) related to Energy Resources of Australia Ltd (ERA's) deposit held in a trust fund which is controlled by the Government of Australia. ERA are entitled to reimbursement from the fund once specific phases of rehabilitation relating to the Ranger Project are completed. The fund is outside of the scope of IFRS 9 “Financial Instruments”.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">These prepayments will be charged to Group operating costs as tolling services are rendered and product processing occurs. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">There is no material element of receivables and other assets that is interest-bearing or financing in nature. The fair value of current trade and other receivables and the majority of amounts classified as non-current trade and other receivables approximates to their carrying value.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Credit risks related to receivables </span></div><div style="margin-bottom:5pt;padding-right:18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our Commercial team manages customer credit risk subject to our established policy, procedures and controls. The team establishes credit limits for all of our customers. Where customers are rated by an independent credit rating agency, these ratings are used as a guide to set credit limits. Where there are no independent credit ratings available, we assess the credit quality of the customer through a credit rating model and assign appropriate credit limits. The Commercial team monitors outstanding customer receivables regularly and highlights any credit concerns to senior management. Receivables to high risk customers are often secured by letters of credit or other forms of credit enhancement.</span></div><div style="margin-bottom:5pt;padding-right:18pt"><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The expected credit loss on our trade receivable portfolio is insignificant.</span></div>
CY2022Q4 rio Trade And Other Receivables Held For Sale Global Factoring Programme
TradeAndOtherReceivablesHeldForSaleGlobalFactoringProgramme
457000000 usd
CY2021Q4 rio Trade And Other Receivables Held For Sale Global Factoring Programme
TradeAndOtherReceivablesHeldForSaleGlobalFactoringProgramme
504000000 usd
CY2022Q4 rio Trade And Other Receivables Held For Sale Letter Of Credit Discounting Programme
TradeAndOtherReceivablesHeldForSaleLetterOfCreditDiscountingProgramme
430000000 usd
CY2021Q4 rio Trade And Other Receivables Held For Sale Letter Of Credit Discounting Programme
TradeAndOtherReceivablesHeldForSaleLetterOfCreditDiscountingProgramme
418000000 usd
CY2022Q4 ifrs-full Noncurrent Trade Receivables
NoncurrentTradeReceivables
0 usd
CY2022Q4 ifrs-full Current Trade Receivables
CurrentTradeReceivables
2179000000 usd
CY2021Q4 ifrs-full Noncurrent Trade Receivables
NoncurrentTradeReceivables
0 usd
CY2021 ifrs-full Decrease Through Writeoff Financial Assets
DecreaseThroughWriteoffFinancialAssets
18000000 usd
CY2022Q4 ifrs-full Inventories Pledged As Security For Liabilities
InventoriesPledgedAsSecurityForLiabilities
850000000 usd
CY2021Q4 ifrs-full Inventories Pledged As Security For Liabilities
InventoriesPledgedAsSecurityForLiabilities
754000000 usd
CY2022 ifrs-full Disclosure Of Trade And Other Receivables Explanatory
DisclosureOfTradeAndOtherReceivablesExplanatory
<div style="margin-bottom:1pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">17     Receivables and other assets</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The business model for our receivables is primarily “hold to collect” (where assets are held in order to collect contractual cash flows) except those subject to our factoring programme. For our financial instruments, including receivables, held under a hold to collect business model and which have cash flows that meet the solely payments of principal and interest (‘SPPI’) criteria these are recognised at amortised cost. Where our receivables do not meet the SPPI criteria, for example our provisionally priced receivables, these are measured at fair value through profit or loss with subsequent fair value gains or losses are taken to the income statement.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A portion of our receivables participate in receivable factoring and letter of credit discounting programmes. We take advantage of these programmes to balance the impact of extended payment terms requested by our customers with our own working capital objectives or where the acceleration of cash receipts is financially beneficial compared with the cost of borrowing at the operation. We have applied our judgment when considering the business model test as defined in IFRS 9 Financial Instruments and conclude that the business model for receivables under the letter of credit discounting programme has not changed. We continue to hold these receivables at amortised cost because the sale of the letter of credit is made close to maturity of receivables and the discounting costs are immaterial. The business model for receivables subject to the global factoring programme does not meet the “hold to collect” model and therefore are classified as “held for sale”. This means the receivables are held at fair value each reporting period with the remeasurements being recorded in the income statement. Where a portion of our factored receivable is subject to recourse, that part of the receivable is not derecognised from the balance sheet and the cash received in advance is classified as a borrowing. The cash flows relating to the borrowing are shown in financing cash flows. At 31 December 2022 US$457 million (2021: US$504 million) of receivables participated in the global factoring programme and US$430 million (2021: US$418 million) participated in the letter of credit discounting programme. </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade receivables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,179 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,179 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,241 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,241 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other financial receivables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">124 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">462 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">586 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">135 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">386 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">521 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other receivables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">383 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">382 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">765 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">392 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">418 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">810 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Prepayment of tolling charges to jointly controlled entities</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">218 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">218 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">183 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">183 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pension surpluses (note 28)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">824 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">824 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,070 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,070 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other prepayments </span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">344 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">455 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">799 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">414 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">529 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">943 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,893 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,478 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,371 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,194 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,574 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,768 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">At 31 December 2022, trade and other financial receivables are stated net of allowances for expected credit losses of US$59 million</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> (</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021: US$57 million). We apply the “simplified approach” to trade receivables and receivables relating to net investment in finance leases and a “general approach” to all other financial assets.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">At 31 December 2022, other receivables include US$329 million (2021: US$388 million) related to Energy Resources of Australia Ltd (ERA's) deposit held in a trust fund which is controlled by the Government of Australia. ERA are entitled to reimbursement from the fund once specific phases of rehabilitation relating to the Ranger Project are completed. The fund is outside of the scope of IFRS 9 “Financial Instruments”.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">These prepayments will be charged to Group operating costs as tolling services are rendered and product processing occurs. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">There is no material element of receivables and other assets that is interest-bearing or financing in nature. The fair value of current trade and other receivables and the majority of amounts classified as non-current trade and other receivables approximates to their carrying value.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Credit risks related to receivables </span></div><div style="margin-bottom:5pt;padding-right:18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our Commercial team manages customer credit risk subject to our established policy, procedures and controls. The team establishes credit limits for all of our customers. Where customers are rated by an independent credit rating agency, these ratings are used as a guide to set credit limits. Where there are no independent credit ratings available, we assess the credit quality of the customer through a credit rating model and assign appropriate credit limits. The Commercial team monitors outstanding customer receivables regularly and highlights any credit concerns to senior management. Receivables to high risk customers are often secured by letters of credit or other forms of credit enhancement.</span></div><div style="margin-bottom:5pt;padding-right:18pt"><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The expected credit loss on our trade receivable portfolio is insignificant.</span></div>
CY2022Q4 rio Trade And Other Receivables Held For Sale Global Factoring Programme
TradeAndOtherReceivablesHeldForSaleGlobalFactoringProgramme
457000000 usd
CY2021Q4 rio Trade And Other Receivables Held For Sale Global Factoring Programme
TradeAndOtherReceivablesHeldForSaleGlobalFactoringProgramme
504000000 usd
CY2022Q4 rio Trade And Other Receivables Held For Sale Letter Of Credit Discounting Programme
TradeAndOtherReceivablesHeldForSaleLetterOfCreditDiscountingProgramme
430000000 usd
CY2021Q4 rio Trade And Other Receivables Held For Sale Letter Of Credit Discounting Programme
TradeAndOtherReceivablesHeldForSaleLetterOfCreditDiscountingProgramme
418000000 usd
CY2022Q4 ifrs-full Noncurrent Trade Receivables
NoncurrentTradeReceivables
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CY2022Q4 ifrs-full Current Trade Receivables
CurrentTradeReceivables
2179000000 usd
CY2022Q4 ifrs-full Trade Receivables
TradeReceivables
2179000000 usd
CY2021Q4 ifrs-full Noncurrent Trade Receivables
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CY2021Q4 ifrs-full Trade Receivables
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2241000000 usd
CY2022Q4 rio Other Noncurrent Financial Receivables
OtherNoncurrentFinancialReceivables
124000000 usd
CY2022Q4 rio Other Current Financial Receivables
OtherCurrentFinancialReceivables
462000000 usd
CY2021Q4 rio Other Noncurrent Financial Receivables
OtherNoncurrentFinancialReceivables
135000000 usd
CY2021Q4 ifrs-full Current Trade Receivables
CurrentTradeReceivables
2241000000 usd
CY2021Q4 ifrs-full Trade Receivables
TradeReceivables
2241000000 usd
CY2022Q4 rio Other Noncurrent Financial Receivables
OtherNoncurrentFinancialReceivables
124000000 usd
CY2022Q4 rio Other Current Financial Receivables
OtherCurrentFinancialReceivables
462000000 usd
CY2022Q4 rio Other Financial Receivables
OtherFinancialReceivables
586000000 usd
CY2021Q4 rio Other Noncurrent Financial Receivables
OtherNoncurrentFinancialReceivables
135000000 usd
CY2021Q4 rio Other Current Financial Receivables
OtherCurrentFinancialReceivables
386000000 usd
CY2021Q4 rio Other Financial Receivables
OtherFinancialReceivables
521000000 usd
CY2022Q4 ifrs-full Other Noncurrent Receivables
OtherNoncurrentReceivables
383000000 usd
CY2022Q4 ifrs-full Other Current Receivables
OtherCurrentReceivables
382000000 usd
CY2022Q4 ifrs-full Other Receivables
OtherReceivables
765000000 usd
CY2021Q4 ifrs-full Other Noncurrent Receivables
OtherNoncurrentReceivables
392000000 usd
CY2021Q4 ifrs-full Other Current Receivables
OtherCurrentReceivables
418000000 usd
CY2022Q4 rio Noncurrent Prepayment Of Tolling Charges To Jointly Controlled Entities
NoncurrentPrepaymentOfTollingChargesToJointlyControlledEntities
218000000 usd
CY2022Q4 rio Current Prepayment Of Tolling Charges To Jointly Controlled Entities
CurrentPrepaymentOfTollingChargesToJointlyControlledEntities
0 usd
CY2022Q4 rio Prepayment Of Tolling Charges To Jointly Controlled Entities
PrepaymentOfTollingChargesToJointlyControlledEntities
218000000 usd
CY2021Q4 rio Other Current Financial Receivables
OtherCurrentFinancialReceivables
386000000 usd
CY2021Q4 rio Other Financial Receivables
OtherFinancialReceivables
521000000 usd
CY2022Q4 ifrs-full Other Noncurrent Receivables
OtherNoncurrentReceivables
383000000 usd
CY2022Q4 ifrs-full Other Receivables
OtherReceivables
765000000 usd
CY2021Q4 ifrs-full Other Noncurrent Receivables
OtherNoncurrentReceivables
392000000 usd
CY2021Q4 ifrs-full Other Current Receivables
OtherCurrentReceivables
418000000 usd
CY2021Q4 ifrs-full Other Receivables
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810000000 usd
CY2022Q4 rio Noncurrent Prepayment Of Tolling Charges To Jointly Controlled Entities
NoncurrentPrepaymentOfTollingChargesToJointlyControlledEntities
218000000 usd
CY2022Q4 rio Current Prepayment Of Tolling Charges To Jointly Controlled Entities
CurrentPrepaymentOfTollingChargesToJointlyControlledEntities
0 usd
CY2022Q4 rio Prepayment Of Tolling Charges To Jointly Controlled Entities
PrepaymentOfTollingChargesToJointlyControlledEntities
218000000 usd
CY2021Q4 rio Noncurrent Prepayment Of Tolling Charges To Jointly Controlled Entities
NoncurrentPrepaymentOfTollingChargesToJointlyControlledEntities
183000000 usd
CY2021Q4 rio Current Prepayment Of Tolling Charges To Jointly Controlled Entities
CurrentPrepaymentOfTollingChargesToJointlyControlledEntities
0 usd
CY2021Q4 rio Prepayment Of Tolling Charges To Jointly Controlled Entities
PrepaymentOfTollingChargesToJointlyControlledEntities
183000000 usd
CY2022Q4 rio Non Current Pension Supluses
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824000000 usd
CY2022Q4 rio Current Pension Surpluses
CurrentPensionSurpluses
0 usd
CY2022Q4 rio Surplus In Plan
SurplusInPlan
824000000 usd
CY2021Q4 rio Noncurrent Prepayment Of Tolling Charges To Jointly Controlled Entities
NoncurrentPrepaymentOfTollingChargesToJointlyControlledEntities
183000000 usd
CY2021Q4 rio Current Prepayment Of Tolling Charges To Jointly Controlled Entities
CurrentPrepaymentOfTollingChargesToJointlyControlledEntities
0 usd
CY2021Q4 rio Prepayment Of Tolling Charges To Jointly Controlled Entities
PrepaymentOfTollingChargesToJointlyControlledEntities
183000000 usd
CY2022Q4 rio Non Current Pension Supluses
NonCurrentPensionSupluses
824000000 usd
CY2022Q4 rio Current Pension Surpluses
CurrentPensionSurpluses
0 usd
CY2022Q4 rio Surplus In Plan
SurplusInPlan
824000000 usd
CY2021Q4 rio Non Current Pension Supluses
NonCurrentPensionSupluses
1070000000 usd
CY2021Q4 rio Current Pension Surpluses
CurrentPensionSurpluses
0 usd
CY2021Q4 rio Surplus In Plan
SurplusInPlan
1070000000 usd
CY2022Q4 ifrs-full Noncurrent Prepayments
NoncurrentPrepayments
344000000 usd
CY2022Q4 ifrs-full Current Prepayments
CurrentPrepayments
455000000 usd
CY2022Q4 ifrs-full Prepayments
Prepayments
799000000 usd
CY2021Q4 ifrs-full Noncurrent Prepayments
NoncurrentPrepayments
414000000 usd
CY2021Q4 ifrs-full Current Prepayments
CurrentPrepayments
529000000 usd
CY2021Q4 ifrs-full Prepayments
Prepayments
943000000 usd
CY2022Q4 ifrs-full Noncurrent Receivables
NoncurrentReceivables
1893000000 usd
CY2021Q4 rio Non Current Pension Supluses
NonCurrentPensionSupluses
1070000000 usd
CY2021Q4 rio Current Pension Surpluses
CurrentPensionSurpluses
0 usd
CY2021Q4 rio Surplus In Plan
SurplusInPlan
1070000000 usd
CY2022Q4 ifrs-full Noncurrent Prepayments
NoncurrentPrepayments
344000000 usd
CY2022Q4 ifrs-full Current Prepayments
CurrentPrepayments
455000000 usd
CY2022Q4 ifrs-full Prepayments
Prepayments
799000000 usd
CY2021Q4 ifrs-full Noncurrent Prepayments
NoncurrentPrepayments
414000000 usd
CY2021Q4 ifrs-full Current Prepayments
CurrentPrepayments
529000000 usd
CY2021Q4 ifrs-full Prepayments
Prepayments
943000000 usd
CY2022Q4 ifrs-full Trade And Other Current Receivables
TradeAndOtherCurrentReceivables
3478000000 usd
CY2022Q4 ifrs-full Trade And Other Receivables
TradeAndOtherReceivables
5371000000 usd
CY2021Q4 ifrs-full Noncurrent Receivables
NoncurrentReceivables
2194000000 usd
CY2021Q4 ifrs-full Trade And Other Receivables
TradeAndOtherReceivables
5768000000 usd
CY2022Q4 ifrs-full Allowance Account For Credit Losses Of Financial Assets
AllowanceAccountForCreditLossesOfFinancialAssets
59000000 usd
CY2021Q4 ifrs-full Allowance Account For Credit Losses Of Financial Assets
AllowanceAccountForCreditLossesOfFinancialAssets
57000000 usd
CY2021Q4 rio Amount Held In Trust Fund
AmountHeldInTrustFund
388000000 usd
CY2022Q4 ifrs-full Trade And Other Current Receivables
TradeAndOtherCurrentReceivables
3478000000 usd
CY2022Q4 ifrs-full Trade And Other Receivables
TradeAndOtherReceivables
5371000000 usd
CY2021Q4 ifrs-full Noncurrent Receivables
NoncurrentReceivables
2194000000 usd
CY2021Q4 ifrs-full Trade And Other Current Receivables
TradeAndOtherCurrentReceivables
3574000000 usd
CY2021Q4 ifrs-full Trade And Other Receivables
TradeAndOtherReceivables
5768000000 usd
CY2022Q4 ifrs-full Allowance Account For Credit Losses Of Financial Assets
AllowanceAccountForCreditLossesOfFinancialAssets
59000000 usd
CY2021Q4 ifrs-full Allowance Account For Credit Losses Of Financial Assets
AllowanceAccountForCreditLossesOfFinancialAssets
57000000 usd
CY2022Q4 rio Amount Held In Trust Fund
AmountHeldInTrustFund
329000000 usd
CY2021Q4 rio Amount Held In Trust Fund
AmountHeldInTrustFund
388000000 usd
CY2022 ifrs-full Disclosure Of Trade And Other Payables Explanatory
DisclosureOfTradeAndOtherPayablesExplanatory
<div style="margin-bottom:1pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">18     Trade and other payables</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade payables</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,269 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,272 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,410 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,410 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other financial payables</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">225 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,083 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,308 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">254 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">909 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,163 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other payables</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">131 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">194 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">82 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">192 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Deferred income</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">114 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">333 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">447 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">205 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">404 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">609 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Accruals</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,611 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,611 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,488 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,530 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employee entitlements</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">878 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">878 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">798 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">798 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Royalties and mining taxes</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">644 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">647 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">574 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">576 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts owed to equity accounted units</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">196 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">98 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">294 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">213 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">253 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">604 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,047 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,651 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">798 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,733 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,531 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">Deferred income includes contract liabilities of US$345 million (2021: US$383 million). </span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">Deferred income includes government grants deferred. This was previously disclosed separately; however, it is no longer material. </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of trade payables and financial instruments within other financial payables approximates their carrying value. </span></div>The Group participates in supply chain finance arrangements whereby vendors may elect to receive early payment of their invoice from a third-party bank by factoring their receivable from Rio Tinto. These arrangements do not modify the terms of the original liability with respect to either counterparty terms, settlement date or amount due. Utilisation of the early settlement facility is voluntary and at the vendors' discretion on an invoice-by-invoice basis. Financial liabilities subject to supply chain finance therefore continue to be classified as trade payables with the cash outflows showing in operating cash flows. At 31 December 2022, trade payables included US$819 million (2021: US$782 million) subject to early settlement election by vendors.
CY2022Q4 ifrs-full Noncurrent Payables To Trade Suppliers
NoncurrentPayablesToTradeSuppliers
3000000 usd
CY2022Q4 ifrs-full Trade And Other Current Payables To Trade Suppliers
TradeAndOtherCurrentPayablesToTradeSuppliers
3269000000 usd
CY2022Q4 ifrs-full Trade And Other Payables To Trade Suppliers
TradeAndOtherPayablesToTradeSuppliers
3272000000 usd
CY2021Q4 ifrs-full Noncurrent Payables To Trade Suppliers
NoncurrentPayablesToTradeSuppliers
0 usd
CY2021Q4 ifrs-full Trade And Other Current Payables To Trade Suppliers
TradeAndOtherCurrentPayablesToTradeSuppliers
3410000000 usd
CY2021Q4 ifrs-full Trade And Other Payables To Trade Suppliers
TradeAndOtherPayablesToTradeSuppliers
3410000000 usd
CY2022 ifrs-full Disclosure Of Trade And Other Payables Explanatory
DisclosureOfTradeAndOtherPayablesExplanatory
<div style="margin-bottom:1pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">18     Trade and other payables</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:46.464%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Non-current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Current</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Adjusted</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade payables</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,269 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,272 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,410 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,410 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other financial payables</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">225 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,083 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,308 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">254 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">909 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,163 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other payables</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">131 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">194 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">82 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">110 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">192 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Deferred income</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">114 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">333 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">447 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">205 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">404 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">609 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Accruals</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,611 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,611 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,488 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,530 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employee entitlements</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">878 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">878 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">798 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">798 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Royalties and mining taxes</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">644 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">647 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">574 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">576 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts owed to equity accounted units</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">196 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">98 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">294 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">213 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">253 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">604 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,047 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,651 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">798 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,733 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,531 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">Deferred income includes contract liabilities of US$345 million (2021: US$383 million). </span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">Deferred income includes government grants deferred. This was previously disclosed separately; however, it is no longer material. </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of trade payables and financial instruments within other financial payables approximates their carrying value. </span></div>The Group participates in supply chain finance arrangements whereby vendors may elect to receive early payment of their invoice from a third-party bank by factoring their receivable from Rio Tinto. These arrangements do not modify the terms of the original liability with respect to either counterparty terms, settlement date or amount due. Utilisation of the early settlement facility is voluntary and at the vendors' discretion on an invoice-by-invoice basis. Financial liabilities subject to supply chain finance therefore continue to be classified as trade payables with the cash outflows showing in operating cash flows. At 31 December 2022, trade payables included US$819 million (2021: US$782 million) subject to early settlement election by vendors.
CY2022Q4 ifrs-full Noncurrent Payables To Trade Suppliers
NoncurrentPayablesToTradeSuppliers
3000000 usd
CY2022Q4 ifrs-full Trade And Other Current Payables To Trade Suppliers
TradeAndOtherCurrentPayablesToTradeSuppliers
3269000000 usd
CY2022Q4 ifrs-full Trade And Other Payables To Trade Suppliers
TradeAndOtherPayablesToTradeSuppliers
3272000000 usd
CY2021Q4 ifrs-full Noncurrent Payables To Trade Suppliers
NoncurrentPayablesToTradeSuppliers
0 usd
CY2021Q4 ifrs-full Trade And Other Current Payables To Trade Suppliers
TradeAndOtherCurrentPayablesToTradeSuppliers
3410000000 usd
CY2021Q4 ifrs-full Trade And Other Payables To Trade Suppliers
TradeAndOtherPayablesToTradeSuppliers
3410000000 usd
CY2022Q4 rio Other Noncurrent Financial Payables
OtherNoncurrentFinancialPayables
225000000 usd
CY2022Q4 rio Other Current Financial Payables
OtherCurrentFinancialPayables
1083000000 usd
CY2022Q4 rio Other Financial Payables
OtherFinancialPayables
1308000000 usd
CY2021Q4 rio Other Noncurrent Financial Payables
OtherNoncurrentFinancialPayables
254000000 usd
CY2021Q4 rio Other Current Financial Payables
OtherCurrentFinancialPayables
909000000 usd
CY2021Q4 rio Other Financial Payables
OtherFinancialPayables
1163000000 usd
CY2022Q4 ifrs-full Other Noncurrent Payables
OtherNoncurrentPayables
63000000 usd
CY2022Q4 ifrs-full Other Current Payables
OtherCurrentPayables
131000000 usd
CY2022Q4 rio Other Noncurrent Financial Payables
OtherNoncurrentFinancialPayables
225000000 usd
CY2022Q4 rio Other Current Financial Payables
OtherCurrentFinancialPayables
1083000000 usd
CY2022Q4 rio Other Financial Payables
OtherFinancialPayables
1308000000 usd
CY2021Q4 rio Other Noncurrent Financial Payables
OtherNoncurrentFinancialPayables
254000000 usd
CY2021Q4 rio Other Financial Payables
OtherFinancialPayables
1163000000 usd
CY2022Q4 ifrs-full Other Noncurrent Payables
OtherNoncurrentPayables
63000000 usd
CY2022Q4 ifrs-full Other Current Payables
OtherCurrentPayables
131000000 usd
CY2022Q4 ifrs-full Other Payables
OtherPayables
194000000 usd
CY2021Q4 ifrs-full Other Noncurrent Payables
OtherNoncurrentPayables
82000000 usd
CY2021Q4 ifrs-full Other Current Payables
OtherCurrentPayables
110000000 usd
CY2021Q4 ifrs-full Other Payables
OtherPayables
192000000 usd
CY2022Q4 ifrs-full Noncurrent Deferred Income Including Noncurrent Contract Liabilities
NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities
114000000 usd
CY2022Q4 ifrs-full Current Deferred Income Including Current Contract Liabilities
CurrentDeferredIncomeIncludingCurrentContractLiabilities
333000000 usd
CY2022Q4 ifrs-full Deferred Income Including Contract Liabilities
DeferredIncomeIncludingContractLiabilities
447000000 usd
CY2021Q4 ifrs-full Noncurrent Deferred Income Including Noncurrent Contract Liabilities
NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities
205000000 usd
CY2021Q4 ifrs-full Current Deferred Income Including Current Contract Liabilities
CurrentDeferredIncomeIncludingCurrentContractLiabilities
404000000 usd
CY2022Q4 ifrs-full Other Payables
OtherPayables
194000000 usd
CY2021Q4 ifrs-full Other Noncurrent Payables
OtherNoncurrentPayables
82000000 usd
CY2021Q4 ifrs-full Other Current Payables
OtherCurrentPayables
110000000 usd
CY2022Q4 ifrs-full Current Deferred Income Including Current Contract Liabilities
CurrentDeferredIncomeIncludingCurrentContractLiabilities
333000000 usd
CY2022Q4 ifrs-full Deferred Income Including Contract Liabilities
DeferredIncomeIncludingContractLiabilities
447000000 usd
CY2021Q4 ifrs-full Noncurrent Deferred Income Including Noncurrent Contract Liabilities
NoncurrentDeferredIncomeIncludingNoncurrentContractLiabilities
205000000 usd
CY2021Q4 ifrs-full Current Deferred Income Including Current Contract Liabilities
CurrentDeferredIncomeIncludingCurrentContractLiabilities
404000000 usd
CY2021Q4 ifrs-full Deferred Income Including Contract Liabilities
DeferredIncomeIncludingContractLiabilities
609000000 usd
CY2022Q4 ifrs-full Accruals Classified As Noncurrent
AccrualsClassifiedAsNoncurrent
0 usd
CY2022Q4 ifrs-full Accruals Classified As Current
AccrualsClassifiedAsCurrent
1611000000 usd
CY2022Q4 ifrs-full Accruals
Accruals
1611000000 usd
CY2021Q4 ifrs-full Accruals Classified As Noncurrent
AccrualsClassifiedAsNoncurrent
42000000 usd
CY2021Q4 ifrs-full Accruals Classified As Current
AccrualsClassifiedAsCurrent
1488000000 usd
CY2021Q4 ifrs-full Accruals
Accruals
1530000000 usd
CY2022Q4 ifrs-full Noncurrent Provisions For Employee Benefits
NoncurrentProvisionsForEmployeeBenefits
0 usd
CY2022Q4 ifrs-full Current Provisions For Employee Benefits
CurrentProvisionsForEmployeeBenefits
878000000 usd
CY2021Q4 rio Noncurrent Royalties And Mining Taxes
NoncurrentRoyaltiesAndMiningTaxes
2000000 usd
CY2021Q4 ifrs-full Deferred Income Including Contract Liabilities
DeferredIncomeIncludingContractLiabilities
609000000 usd
CY2022Q4 ifrs-full Accruals Classified As Noncurrent
AccrualsClassifiedAsNoncurrent
0 usd
CY2022Q4 ifrs-full Accruals Classified As Current
AccrualsClassifiedAsCurrent
1611000000 usd
CY2022Q4 ifrs-full Accruals
Accruals
1611000000 usd
CY2021Q4 ifrs-full Accruals Classified As Noncurrent
AccrualsClassifiedAsNoncurrent
42000000 usd
CY2021Q4 ifrs-full Accruals Classified As Current
AccrualsClassifiedAsCurrent
1488000000 usd
CY2021Q4 ifrs-full Accruals
Accruals
1530000000 usd
CY2022Q4 ifrs-full Noncurrent Provisions For Employee Benefits
NoncurrentProvisionsForEmployeeBenefits
0 usd
CY2022Q4 ifrs-full Current Provisions For Employee Benefits
CurrentProvisionsForEmployeeBenefits
878000000 usd
CY2022Q4 ifrs-full Provisions For Employee Benefits
ProvisionsForEmployeeBenefits
878000000 usd
CY2021Q4 ifrs-full Noncurrent Provisions For Employee Benefits
NoncurrentProvisionsForEmployeeBenefits
0 usd
CY2021Q4 ifrs-full Current Provisions For Employee Benefits
CurrentProvisionsForEmployeeBenefits
798000000 usd
CY2021Q4 ifrs-full Provisions For Employee Benefits
ProvisionsForEmployeeBenefits
798000000 usd
CY2022Q4 rio Noncurrent Royalties And Mining Taxes
NoncurrentRoyaltiesAndMiningTaxes
3000000 usd
CY2022Q4 rio Current Royalties And Mining Taxes
CurrentRoyaltiesAndMiningTaxes
644000000 usd
CY2022Q4 rio Royalties And Mining Taxes
RoyaltiesAndMiningTaxes
647000000 usd
CY2022Q4 ifrs-full Provisions For Employee Benefits
ProvisionsForEmployeeBenefits
878000000 usd
CY2021Q4 ifrs-full Noncurrent Provisions For Employee Benefits
NoncurrentProvisionsForEmployeeBenefits
0 usd
CY2021Q4 ifrs-full Current Provisions For Employee Benefits
CurrentProvisionsForEmployeeBenefits
798000000 usd
CY2021Q4 ifrs-full Provisions For Employee Benefits
ProvisionsForEmployeeBenefits
798000000 usd
CY2022Q4 rio Noncurrent Royalties And Mining Taxes
NoncurrentRoyaltiesAndMiningTaxes
3000000 usd
CY2022Q4 rio Current Royalties And Mining Taxes
CurrentRoyaltiesAndMiningTaxes
644000000 usd
CY2022Q4 rio Royalties And Mining Taxes
RoyaltiesAndMiningTaxes
647000000 usd
CY2021Q4 rio Noncurrent Royalties And Mining Taxes
NoncurrentRoyaltiesAndMiningTaxes
2000000 usd
CY2021Q4 rio Current Royalties And Mining Taxes
CurrentRoyaltiesAndMiningTaxes
574000000 usd
CY2021Q4 rio Royalties And Mining Taxes
RoyaltiesAndMiningTaxes
576000000 usd
CY2022Q4 ifrs-full Noncurrent Payables To Related Parties
NoncurrentPayablesToRelatedParties
196000000 usd
CY2022Q4 ifrs-full Amounts Payable Related Party Transactions
AmountsPayableRelatedPartyTransactions
98000000 usd
CY2022Q4 rio Amounts Owed To Equity Accounted Units
AmountsOwedToEquityAccountedUnits
294000000 usd
CY2021Q4 ifrs-full Noncurrent Payables To Related Parties
NoncurrentPayablesToRelatedParties
213000000 usd
CY2021Q4 ifrs-full Amounts Payable Related Party Transactions
AmountsPayableRelatedPartyTransactions
40000000 usd
CY2021Q4 rio Amounts Owed To Equity Accounted Units
AmountsOwedToEquityAccountedUnits
253000000 usd
CY2021Q4 rio Current Royalties And Mining Taxes
CurrentRoyaltiesAndMiningTaxes
574000000 usd
CY2021Q4 rio Royalties And Mining Taxes
RoyaltiesAndMiningTaxes
576000000 usd
CY2022Q4 ifrs-full Noncurrent Payables To Related Parties
NoncurrentPayablesToRelatedParties
196000000 usd
CY2022Q4 ifrs-full Amounts Payable Related Party Transactions
AmountsPayableRelatedPartyTransactions
98000000 usd
CY2022Q4 rio Amounts Owed To Equity Accounted Units
AmountsOwedToEquityAccountedUnits
294000000 usd
CY2021Q4 ifrs-full Noncurrent Payables To Related Parties
NoncurrentPayablesToRelatedParties
213000000 usd
CY2021Q4 ifrs-full Amounts Payable Related Party Transactions
AmountsPayableRelatedPartyTransactions
40000000 usd
CY2021Q4 rio Amounts Owed To Equity Accounted Units
AmountsOwedToEquityAccountedUnits
253000000 usd
CY2022Q4 ifrs-full Noncurrent Payables
NoncurrentPayables
604000000 usd
CY2022Q4 ifrs-full Trade And Other Current Payables
TradeAndOtherCurrentPayables
8047000000 usd
CY2022Q4 ifrs-full Trade And Other Payables
TradeAndOtherPayables
8651000000 usd
CY2021Q4 ifrs-full Noncurrent Payables
NoncurrentPayables
798000000 usd
CY2021Q4 ifrs-full Trade And Other Current Payables
TradeAndOtherCurrentPayables
7733000000 usd
CY2021Q4 ifrs-full Trade And Other Payables
TradeAndOtherPayables
8531000000 usd
CY2022Q4 ifrs-full Contract Liabilities
ContractLiabilities
345000000 usd
CY2021Q4 ifrs-full Contract Liabilities
ContractLiabilities
383000000 usd
CY2022Q4 ifrs-full Noncurrent Payables
NoncurrentPayables
604000000 usd
CY2022Q4 ifrs-full Trade And Other Current Payables
TradeAndOtherCurrentPayables
8047000000 usd
CY2021Q4 ifrs-full Noncurrent Payables
NoncurrentPayables
798000000 usd
CY2022Q4 ifrs-full Contract Liabilities
ContractLiabilities
345000000 usd
CY2021Q4 ifrs-full Contract Liabilities
ContractLiabilities
383000000 usd
CY2022 ifrs-full Disclosure Of Issued Capital Explanatory
DisclosureOfIssuedCapitalExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our total capital as at 31 December was:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total capital</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equity attributable to owners of Rio Tinto (see Group balance sheet)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50,175 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51,432 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equity attributable to non-controlling interests (see Group balance sheet)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,099 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,158 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net debt/(cash)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,188 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,576)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total capital</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">56,462 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55,014 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022 ifrs-full Disclosure Of External Credit Exposures Explanatory
DisclosureOfExternalCreditExposuresExplanatory
Our credit ratings, as provided by Standard &amp; Poor’s and Moody’s investor services, as at 31 December were:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:78.556%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.071%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.073%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term rating</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A/A2</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A/A2</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Short-term rating</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A-1/P-1</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A-1/P-1</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Outlook</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stable/Stable</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stable/Stable</span></td></tr></table>
CY2022Q4 ifrs-full Trade And Other Payables Undiscounted Cash Flows
TradeAndOtherPayablesUndiscountedCashFlows
6394000000 usd
CY2021Q4 ifrs-full Trade And Other Payables Undiscounted Cash Flows
TradeAndOtherPayablesUndiscountedCashFlows
6275000000 usd
CY2022Q4 rio Undiscounted Committed Future Cash Flowof Leases
UndiscountedCommittedFutureCashFlowofLeases
1514000000 usd
CY2021Q4 rio Undiscounted Committed Future Cash Flowof Leases
UndiscountedCommittedFutureCashFlowofLeases
1731000000 usd
CY2022 ifrs-full Disclosure Of Issued Capital Explanatory
DisclosureOfIssuedCapitalExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our total capital as at 31 December was:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total capital</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Note</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equity attributable to owners of Rio Tinto (see Group balance sheet)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50,175 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51,432 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equity attributable to non-controlling interests (see Group balance sheet)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,099 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,158 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net debt/(cash)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,188 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,576)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total capital</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">56,462 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55,014 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022 ifrs-full Disclosure Of External Credit Exposures Explanatory
DisclosureOfExternalCreditExposuresExplanatory
Our credit ratings, as provided by Standard &amp; Poor’s and Moody’s investor services, as at 31 December were:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:78.556%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.071%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.073%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term rating</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A/A2</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A/A2</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Short-term rating</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A-1/P-1</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">A-1/P-1</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Outlook</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stable/Stable</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Stable/Stable</span></td></tr></table>
CY2022Q4 ifrs-full Trade And Other Payables Undiscounted Cash Flows
TradeAndOtherPayablesUndiscountedCashFlows
6394000000 usd
CY2021Q4 ifrs-full Trade And Other Payables Undiscounted Cash Flows
TradeAndOtherPayablesUndiscountedCashFlows
6275000000 usd
CY2022Q4 rio Undiscounted Committed Future Cash Flowof Leases
UndiscountedCommittedFutureCashFlowofLeases
1514000000 usd
CY2021Q4 rio Undiscounted Committed Future Cash Flowof Leases
UndiscountedCommittedFutureCashFlowofLeases
1731000000 usd
CY2022Q4 rio Borrowings Before Swaps Undiscounted Cash Flows
BorrowingsBeforeSwapsUndiscountedCashFlows
11590000000 usd
CY2021Q4 rio Borrowings Before Swaps Undiscounted Cash Flows
BorrowingsBeforeSwapsUndiscountedCashFlows
12204000000 usd
CY2022Q4 rio Expected Future Interest Payments Undiscounted Cash Flows
ExpectedFutureInterestPaymentsUndiscountedCashFlows
5880000000 usd
CY2021Q4 rio Expected Future Interest Payments Undiscounted Cash Flows
ExpectedFutureInterestPaymentsUndiscountedCashFlows
5795000000 usd
CY2022Q4 ifrs-full Other Financial Liabilities
OtherFinancialLiabilities
0 usd
CY2022Q4 rio Borrowings Before Swaps Undiscounted Cash Flows
BorrowingsBeforeSwapsUndiscountedCashFlows
11590000000 usd
CY2022Q4 rio Expected Future Interest Payments Undiscounted Cash Flows
ExpectedFutureInterestPaymentsUndiscountedCashFlows
5880000000 usd
CY2021Q4 rio Expected Future Interest Payments Undiscounted Cash Flows
ExpectedFutureInterestPaymentsUndiscountedCashFlows
5795000000 usd
CY2022Q4 ifrs-full Other Financial Liabilities
OtherFinancialLiabilities
0 usd
CY2021Q4 ifrs-full Other Financial Liabilities
OtherFinancialLiabilities
20000000 usd
CY2022Q4 ifrs-full Derivative Financial Liabilities Undiscounted Cash Flows
DerivativeFinancialLiabilitiesUndiscountedCashFlows
253000000 usd
CY2022Q4 rio Derivatives Related To Net Debt Gross Inflows Undiscounted Cash Flows
DerivativesRelatedToNetDebtGrossInflowsUndiscountedCashFlows
1241000000 usd
CY2022Q4 rio Derivatives Related To Net Debt Gross Outflows Undiscounted Cash Flows
DerivativesRelatedToNetDebtGrossOutflowsUndiscountedCashFlows
1661000000 usd
CY2021Q4 rio Derivatives Related To Net Debt Gross Outflows Undiscounted Cash Flows
DerivativesRelatedToNetDebtGrossOutflowsUndiscountedCashFlows
1655000000 usd
CY2022Q4 rio Derivatives Not Related To Net Debt Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtUndiscountedCashFlows
344000000 usd
CY2021Q4 rio Derivatives Not Related To Net Debt Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtUndiscountedCashFlows
353000000 usd
CY2022Q4 rio Derivatives Not Related To Net Debt Gross Inflows Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtGrossInflowsUndiscountedCashFlows
71000000 usd
CY2021Q4 rio Derivatives Not Related To Net Debt Gross Inflows Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtGrossInflowsUndiscountedCashFlows
1302000000 usd
CY2022Q4 rio Derivatives Not Related To Net Debt Gross Outflows Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtGrossOutflowsUndiscountedCashFlows
71000000 usd
CY2021Q4 rio Derivatives Not Related To Net Debt Gross Outflows Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtGrossOutflowsUndiscountedCashFlows
1340000000 usd
CY2022Q4 rio Nonderivative And Derivative Financial Liabilities Undiscounted Cash Flows
NonderivativeAndDerivativeFinancialLiabilitiesUndiscountedCashFlows
26395000000 usd
CY2021Q4 ifrs-full Other Financial Liabilities
OtherFinancialLiabilities
20000000 usd
CY2022Q4 ifrs-full Derivative Financial Liabilities Undiscounted Cash Flows
DerivativeFinancialLiabilitiesUndiscountedCashFlows
253000000 usd
CY2022Q4 rio Derivatives Related To Net Debt Gross Inflows Undiscounted Cash Flows
DerivativesRelatedToNetDebtGrossInflowsUndiscountedCashFlows
1241000000 usd
CY2021Q4 rio Derivatives Related To Net Debt Gross Inflows Undiscounted Cash Flows
DerivativesRelatedToNetDebtGrossInflowsUndiscountedCashFlows
1398000000 usd
CY2022Q4 rio Derivatives Related To Net Debt Gross Outflows Undiscounted Cash Flows
DerivativesRelatedToNetDebtGrossOutflowsUndiscountedCashFlows
1661000000 usd
CY2022Q4 rio Derivatives Not Related To Net Debt Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtUndiscountedCashFlows
344000000 usd
CY2021Q4 rio Derivatives Not Related To Net Debt Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtUndiscountedCashFlows
353000000 usd
CY2022Q4 rio Derivatives Not Related To Net Debt Gross Inflows Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtGrossInflowsUndiscountedCashFlows
71000000 usd
CY2021Q4 rio Derivatives Not Related To Net Debt Gross Inflows Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtGrossInflowsUndiscountedCashFlows
1302000000 usd
CY2022Q4 rio Derivatives Not Related To Net Debt Gross Outflows Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtGrossOutflowsUndiscountedCashFlows
71000000 usd
CY2021Q4 rio Derivatives Not Related To Net Debt Gross Outflows Undiscounted Cash Flows
DerivativesNotRelatedToNetDebtGrossOutflowsUndiscountedCashFlows
1340000000 usd
CY2022Q4 rio Nonderivative And Derivative Financial Liabilities Undiscounted Cash Flows
NonderivativeAndDerivativeFinancialLiabilitiesUndiscountedCashFlows
26395000000 usd
CY2021Q4 rio Nonderivative And Derivative Financial Liabilities Undiscounted Cash Flows
NonderivativeAndDerivativeFinancialLiabilitiesUndiscountedCashFlows
26673000000 usd
CY2021Q4 ifrs-full Net Debt
NetDebt
-1576000000 usd
CY2021Q4 rio Nonderivative And Derivative Financial Liabilities Undiscounted Cash Flows
NonderivativeAndDerivativeFinancialLiabilitiesUndiscountedCashFlows
26673000000 usd
CY2021Q4 ifrs-full Net Debt
NetDebt
-1576000000 usd
CY2022 ifrs-full Reclassification Adjustments On Exchange Differences On Translation Net Of Tax
ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax
110000000 usd
CY2022 rio Cash Movements Excluding Exchange Movements On Net Fund Debt
CashMovementsExcludingExchangeMovementsOnNetFundDebt
5557000000 usd
CY2022 rio Other Non Cash Movements On Net Debt
OtherNonCashMovementsOnNetDebt
317000000 usd
CY2022Q4 ifrs-full Net Debt
NetDebt
4188000000 usd
CY2021 ifrs-full Reclassification Adjustments On Exchange Differences On Translation Net Of Tax
ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax
152000000 usd
CY2021 rio Cash Movements Excluding Exchange Movements On Net Fund Debt
CashMovementsExcludingExchangeMovementsOnNetFundDebt
-2794000000 usd
CY2021 rio Other Non Cash Movements On Net Debt
OtherNonCashMovementsOnNetDebt
706000000 usd
CY2021Q4 ifrs-full Net Debt
NetDebt
-1576000000 usd
CY2022Q4 ifrs-full Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
1000000 usd
CY2021Q4 ifrs-full Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
2000000 usd
CY2022Q4 ifrs-full Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading
FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading
1998000000 usd
CY2021Q4 ifrs-full Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading
FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading
2401000000 usd
CY2022 ifrs-full Disclosure Of Detailed Information About Borrowings Explanatory
DisclosureOfDetailedInformationAboutBorrowingsExplanatory
<div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Borrowings at 31 December</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:45.175%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.922%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.802%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.354%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying value</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying value</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal value of hedged item<br/>2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal value of hedged item<br/>2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted average </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">interest rate </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">after swaps (where applicable)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Swap maturity (where applicable)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance plc Euro Bonds 2.875% due 2024</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(c)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">429 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">497 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +1.64%</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 7.125% 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">934 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +3.27%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2028</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Debentures 7.25% due 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">97 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">105 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month SOFR +5.69%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance plc Sterling Bonds 4.0% due 2029</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(c)(d)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">553 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">682 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +2.65%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Debentures 7.25% due 2031</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">384 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">420 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">400</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">400</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.72%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Global Notes 6.125% due 2033</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">673 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">722 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.67%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Global Notes 5.75% due 2035</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">264 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">283 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.18%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 5.2% 2040</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(e)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,144 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,156 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,150</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) plc Bonds 4.75% 2042</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">488 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">495 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">500</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">500</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +3.42%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) plc Bonds 4.125% 2042</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">727 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">735 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +2.83%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 2.75% 2051</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,065 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,225 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,250 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,250</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 month SOFR +1.57%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2028</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC MIGA Insured Loan LIBOR plus 2.65% due 2027</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">597 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">673 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Commercial Banks “B Loan” LIBOR plus 3.4% due 2027</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,387 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,565 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Export Credit Agencies Loan 2.3% due 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">237 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">278 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Export Credit Agencies Loan LIBOR plus 3.65% due 2029</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">805 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">866 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC International Financial Institutions “A Loan” LIBOR plus 3.78% due 2030</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">744 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">776 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other secured loans</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">194 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">246 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other unsecured loans</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">475 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">508 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bank overdrafts</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total borrowings</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current borrowings</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">923 </span></td><td style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">812 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current borrowings</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,148 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,356 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #939292;border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total borrowings</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The fair value movements of our borrowings and interest rate swaps that are in fair value hedge relationships are summarised in note 9.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">In 2022, we transitioned the swaps associated to this bond from LIBOR + 5.43% to SOFR + 5.69%. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Rio Tinto has a US$10 billion (2021: US$10 billion) European Debt Issuance Programme against which the cumulative amount utilised was US$1.0 billion equivalent at 31 December 2022 (2021: US$1.1 billion). The carrying value of these bonds after hedge accounting adjustments amounted to US$1.0 billion (2021: US$1.2 billion) in aggregate. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">We applied cash flow hedge accounting to this bond and the corresponding cross currency interest rate swap. The hedge is fully effective as the notional amount, maturity, payment and reset dates match. Since 2019, we swapped the resulting fixed US dollar annual interest coupon payments to floating rates. Fair value hedge accounting has been applied to this relationship in addition to the pre-existing cash flow hedge.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">On 2 November 2022 our interest rate swap, which converted our fixed coupon interest payments on this bond to 3 month LIBOR +3.79%, matured. Given market conditions, further interest rate swaps were not transacted.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">These borrowings relate to the Oyu Tolgoi LLC project finance facility. The project finance facility provides for interest-only payments for the first five years from 2016 followed by minimum repayments according to a stepped amortisation schedule for the remaining life of the facility. The due dates stated represent the final repayment date. The interest rates stated are pre-completion and will increase by 1% post-completion. </span></div>(g)The Group’s borrowings of US$11.1 billion (2021: US$12.2 billion) include US$4.0 billion (2021: US$4.4 billion) of subsidiary entity borrowings that are subject to various financial and general covenants with which the respective borrowers were in compliance as at 31 December 2022.
CY2022 ifrs-full Reclassification Adjustments On Exchange Differences On Translation Net Of Tax
ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax
110000000 usd
CY2022 rio Cash Movements Excluding Exchange Movements On Net Fund Debt
CashMovementsExcludingExchangeMovementsOnNetFundDebt
5557000000 usd
CY2022 rio Other Non Cash Movements On Net Debt
OtherNonCashMovementsOnNetDebt
317000000 usd
CY2022Q4 ifrs-full Net Debt
NetDebt
4188000000 usd
CY2020Q4 ifrs-full Net Debt
NetDebt
664000000 usd
CY2021 ifrs-full Reclassification Adjustments On Exchange Differences On Translation Net Of Tax
ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax
152000000 usd
CY2021 rio Cash Movements Excluding Exchange Movements On Net Fund Debt
CashMovementsExcludingExchangeMovementsOnNetFundDebt
-2794000000 usd
CY2021Q4 ifrs-full Net Debt
NetDebt
-1576000000 usd
CY2022Q4 ifrs-full Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
1000000 usd
CY2021Q4 ifrs-full Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
2000000 usd
CY2022Q4 ifrs-full Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading
FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading
1998000000 usd
CY2021Q4 ifrs-full Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading
FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading
2401000000 usd
CY2022 ifrs-full Disclosure Of Borrowings Explanatory
DisclosureOfBorrowingsExplanatory
<div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">20     Borrowings </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Borrowings are recognised initially at fair value, net of transaction costs incurred, and are subsequently measured at amortised cost. Our policy is to predominantly borrow in US dollars at floating interest rates, either directly or through the use of derivatives, as: </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">the majority of our sales are in US dollars, </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">historically a lower cost of borrowing has been observed from maintaining a floating rate exposure </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">historically there is a correlation between interest rates and commodity prices. </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For bonds with fixed interest rates, we generally enter into interest rate swaps to convert them to floating rates. The tenor of the interest rate swaps is sometimes shorter than the tenor of the bond which means we remain exposed to long-term fixed-rate funding. As interest rate swaps mature, new medium dated swaps are generally transacted to maintain this floating rate exposure; however, we may elect to maintain fixed interest rates in certain circumstances.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have designated the swaps to be in fair value hedge relationships with the corresponding period of future interest payments of the respective debt.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where we borrow non-US denominated debt, we enter into cross currency interest rate swaps to convert the principal and fixed interest coupon to a US dollar notional with a US dollar interest coupon.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The characteristics and carrying value of the Group’s borrowings are summarised below:</span></div><div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Borrowings at 31 December</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:45.175%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.922%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.802%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.354%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying value</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying value</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal value of hedged item<br/>2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal value of hedged item<br/>2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted average </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">interest rate </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">after swaps (where applicable)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Swap maturity (where applicable)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance plc Euro Bonds 2.875% due 2024</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(c)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">429 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">497 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +1.64%</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 7.125% 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">934 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +3.27%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2028</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Debentures 7.25% due 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">97 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">105 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month SOFR +5.69%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance plc Sterling Bonds 4.0% due 2029</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(c)(d)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">553 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">682 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +2.65%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Debentures 7.25% due 2031</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">384 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">420 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">400</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">400</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.72%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Global Notes 6.125% due 2033</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">673 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">722 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.67%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Global Notes 5.75% due 2035</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">264 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">283 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.18%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 5.2% 2040</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(e)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,144 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,156 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,150</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) plc Bonds 4.75% 2042</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">488 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">495 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">500</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">500</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +3.42%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) plc Bonds 4.125% 2042</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">727 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">735 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +2.83%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 2.75% 2051</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,065 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,225 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,250 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,250</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 month SOFR +1.57%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2028</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC MIGA Insured Loan LIBOR plus 2.65% due 2027</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">597 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">673 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Commercial Banks “B Loan” LIBOR plus 3.4% due 2027</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,387 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,565 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Export Credit Agencies Loan 2.3% due 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">237 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">278 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Export Credit Agencies Loan LIBOR plus 3.65% due 2029</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">805 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">866 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC International Financial Institutions “A Loan” LIBOR plus 3.78% due 2030</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">744 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">776 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other secured loans</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">194 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">246 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other unsecured loans</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">475 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">508 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bank overdrafts</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total borrowings</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current borrowings</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">923 </span></td><td style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">812 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current borrowings</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,148 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,356 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #939292;border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total borrowings</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The fair value movements of our borrowings and interest rate swaps that are in fair value hedge relationships are summarised in note 9.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">In 2022, we transitioned the swaps associated to this bond from LIBOR + 5.43% to SOFR + 5.69%. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Rio Tinto has a US$10 billion (2021: US$10 billion) European Debt Issuance Programme against which the cumulative amount utilised was US$1.0 billion equivalent at 31 December 2022 (2021: US$1.1 billion). The carrying value of these bonds after hedge accounting adjustments amounted to US$1.0 billion (2021: US$1.2 billion) in aggregate. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">We applied cash flow hedge accounting to this bond and the corresponding cross currency interest rate swap. The hedge is fully effective as the notional amount, maturity, payment and reset dates match. Since 2019, we swapped the resulting fixed US dollar annual interest coupon payments to floating rates. Fair value hedge accounting has been applied to this relationship in addition to the pre-existing cash flow hedge.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">On 2 November 2022 our interest rate swap, which converted our fixed coupon interest payments on this bond to 3 month LIBOR +3.79%, matured. Given market conditions, further interest rate swaps were not transacted.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">These borrowings relate to the Oyu Tolgoi LLC project finance facility. The project finance facility provides for interest-only payments for the first five years from 2016 followed by minimum repayments according to a stepped amortisation schedule for the remaining life of the facility. The due dates stated represent the final repayment date. The interest rates stated are pre-completion and will increase by 1% post-completion. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">The Group’s borrowings of US$11.1 billion (2021: US$12.2 billion) include US$4.0 billion (2021: US$4.4 billion) of subsidiary entity borrowings that are subject to various financial and general covenants with which the respective borrowers were in compliance as at 31 December 2022. </span></div><div style="margin-bottom:4pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Update on interest rate benchmark reform</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We adopted, in prior periods, Interest Rate Benchmark Reform Amendments to IFRS 9 Financial Instruments (IFRS 9), IFRS 7 Financial Instruments: Disclosures (IFRS 7), IFRS 4 Insurance Contracts (IFRS 4) and IFRS 16 Leases (IFRS 16). The amendments address the financial reporting impact from reform of the London Interbank Offered Rate (LIBOR) and other benchmark interest rates (collectively “IBOR reform”). We have taken relevant practical reliefs from certain requirements relating to changes in the basis for determining contractual cash flows of financial assets, financial liabilities and hedge accounting, described below. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our hedging arrangements impacted by the reform of USD LIBOR are part of the International Swaps and Derivatives Association (ISDA) Fallbacks Protocol, which provides a global standardised mechanism for replacement of the current benchmark. During the year we transitioned the swaps, which hedge the Alcan Inc. Debentures, from the LIBOR to SOFR interest benchmark rates (refer to the table above) and applied the relief that preserved the existing hedge accounting. At 31 December 2022, we have interest rate risk exposure including US$4.8 billion nominal values of fixed-rate borrowings swapped to US dollar rates in fair value hedge relationships impacted by the reform. We expect the application of the reliefs to result in continuation of our pre-existing hedge accounting upon amendment of designated arrangements in response to the replacement of USD LIBOR which will occur immediately after 30 June 2023.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In October 2022, as part of the extension of the term loan facility of Richards Bay Minerals, we transitioned from the LIBOR benchmark to an interest rate based on the SOFR reference rate. Our other arrangements which reference IBOR benchmarks and extend beyond 2022 include: third-party borrowings relating to the Oyu Tolgoi LLC project finance, shareholder loan facilities and certain commercial contracts. The amendments to IFRS 9 require that we account for a change in the basis for determining the cash flows of a financial asset or a financial liability measured at amortised cost, by updating their respective effective interest rates as required by the IBOR reform. As a result of the applicable IFRS 9 reliefs, we expect that no material gain or loss will arise from these updates. The accessible revolving lines of credit, which have been extended for a further one year in 2022, now refer to the SOFR and SONIA benchmark rates.</span></div>
CY2022 ifrs-full Disclosure Of Borrowings Explanatory
DisclosureOfBorrowingsExplanatory
<div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">20     Borrowings </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Borrowings are recognised initially at fair value, net of transaction costs incurred, and are subsequently measured at amortised cost. Our policy is to predominantly borrow in US dollars at floating interest rates, either directly or through the use of derivatives, as: </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">the majority of our sales are in US dollars, </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">historically a lower cost of borrowing has been observed from maintaining a floating rate exposure </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">historically there is a correlation between interest rates and commodity prices. </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For bonds with fixed interest rates, we generally enter into interest rate swaps to convert them to floating rates. The tenor of the interest rate swaps is sometimes shorter than the tenor of the bond which means we remain exposed to long-term fixed-rate funding. As interest rate swaps mature, new medium dated swaps are generally transacted to maintain this floating rate exposure; however, we may elect to maintain fixed interest rates in certain circumstances.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have designated the swaps to be in fair value hedge relationships with the corresponding period of future interest payments of the respective debt.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where we borrow non-US denominated debt, we enter into cross currency interest rate swaps to convert the principal and fixed interest coupon to a US dollar notional with a US dollar interest coupon.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The characteristics and carrying value of the Group’s borrowings are summarised below:</span></div><div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Borrowings at 31 December</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:45.175%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.922%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.802%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.354%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying value</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying value</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal value of hedged item<br/>2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal value of hedged item<br/>2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted average </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">interest rate </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">after swaps (where applicable)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Swap maturity (where applicable)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance plc Euro Bonds 2.875% due 2024</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(c)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">429 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">497 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +1.64%</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 7.125% 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">934 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +3.27%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2028</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Debentures 7.25% due 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">97 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">105 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month SOFR +5.69%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance plc Sterling Bonds 4.0% due 2029</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(c)(d)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">553 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">682 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +2.65%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Debentures 7.25% due 2031</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">384 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">420 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">400</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">400</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.72%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Global Notes 6.125% due 2033</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">673 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">722 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.67%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Global Notes 5.75% due 2035</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">264 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">283 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.18%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 5.2% 2040</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(e)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,144 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,156 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,150</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) plc Bonds 4.75% 2042</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">488 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">495 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">500</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">500</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +3.42%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) plc Bonds 4.125% 2042</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">727 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">735 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +2.83%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 2.75% 2051</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,065 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,225 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,250 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,250</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 month SOFR +1.57%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2028</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC MIGA Insured Loan LIBOR plus 2.65% due 2027</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">597 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">673 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Commercial Banks “B Loan” LIBOR plus 3.4% due 2027</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,387 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,565 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Export Credit Agencies Loan 2.3% due 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">237 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">278 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Export Credit Agencies Loan LIBOR plus 3.65% due 2029</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">805 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">866 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC International Financial Institutions “A Loan” LIBOR plus 3.78% due 2030</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">744 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">776 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other secured loans</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">194 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">246 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other unsecured loans</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">475 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">508 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bank overdrafts</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total borrowings</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current borrowings</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">923 </span></td><td style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">812 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current borrowings</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,148 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,356 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #939292;border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total borrowings</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The fair value movements of our borrowings and interest rate swaps that are in fair value hedge relationships are summarised in note 9.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">In 2022, we transitioned the swaps associated to this bond from LIBOR + 5.43% to SOFR + 5.69%. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Rio Tinto has a US$10 billion (2021: US$10 billion) European Debt Issuance Programme against which the cumulative amount utilised was US$1.0 billion equivalent at 31 December 2022 (2021: US$1.1 billion). The carrying value of these bonds after hedge accounting adjustments amounted to US$1.0 billion (2021: US$1.2 billion) in aggregate. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">We applied cash flow hedge accounting to this bond and the corresponding cross currency interest rate swap. The hedge is fully effective as the notional amount, maturity, payment and reset dates match. Since 2019, we swapped the resulting fixed US dollar annual interest coupon payments to floating rates. Fair value hedge accounting has been applied to this relationship in addition to the pre-existing cash flow hedge.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">On 2 November 2022 our interest rate swap, which converted our fixed coupon interest payments on this bond to 3 month LIBOR +3.79%, matured. Given market conditions, further interest rate swaps were not transacted.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">These borrowings relate to the Oyu Tolgoi LLC project finance facility. The project finance facility provides for interest-only payments for the first five years from 2016 followed by minimum repayments according to a stepped amortisation schedule for the remaining life of the facility. The due dates stated represent the final repayment date. The interest rates stated are pre-completion and will increase by 1% post-completion. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">The Group’s borrowings of US$11.1 billion (2021: US$12.2 billion) include US$4.0 billion (2021: US$4.4 billion) of subsidiary entity borrowings that are subject to various financial and general covenants with which the respective borrowers were in compliance as at 31 December 2022. </span></div><div style="margin-bottom:4pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Update on interest rate benchmark reform</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We adopted, in prior periods, Interest Rate Benchmark Reform Amendments to IFRS 9 Financial Instruments (IFRS 9), IFRS 7 Financial Instruments: Disclosures (IFRS 7), IFRS 4 Insurance Contracts (IFRS 4) and IFRS 16 Leases (IFRS 16). The amendments address the financial reporting impact from reform of the London Interbank Offered Rate (LIBOR) and other benchmark interest rates (collectively “IBOR reform”). We have taken relevant practical reliefs from certain requirements relating to changes in the basis for determining contractual cash flows of financial assets, financial liabilities and hedge accounting, described below. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our hedging arrangements impacted by the reform of USD LIBOR are part of the International Swaps and Derivatives Association (ISDA) Fallbacks Protocol, which provides a global standardised mechanism for replacement of the current benchmark. During the year we transitioned the swaps, which hedge the Alcan Inc. Debentures, from the LIBOR to SOFR interest benchmark rates (refer to the table above) and applied the relief that preserved the existing hedge accounting. At 31 December 2022, we have interest rate risk exposure including US$4.8 billion nominal values of fixed-rate borrowings swapped to US dollar rates in fair value hedge relationships impacted by the reform. We expect the application of the reliefs to result in continuation of our pre-existing hedge accounting upon amendment of designated arrangements in response to the replacement of USD LIBOR which will occur immediately after 30 June 2023.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In October 2022, as part of the extension of the term loan facility of Richards Bay Minerals, we transitioned from the LIBOR benchmark to an interest rate based on the SOFR reference rate. Our other arrangements which reference IBOR benchmarks and extend beyond 2022 include: third-party borrowings relating to the Oyu Tolgoi LLC project finance, shareholder loan facilities and certain commercial contracts. The amendments to IFRS 9 require that we account for a change in the basis for determining the cash flows of a financial asset or a financial liability measured at amortised cost, by updating their respective effective interest rates as required by the IBOR reform. As a result of the applicable IFRS 9 reliefs, we expect that no material gain or loss will arise from these updates. The accessible revolving lines of credit, which have been extended for a further one year in 2022, now refer to the SOFR and SONIA benchmark rates.</span></div>
CY2022 ifrs-full Disclosure Of Detailed Information About Borrowings Explanatory
DisclosureOfDetailedInformationAboutBorrowingsExplanatory
<div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Borrowings at 31 December</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:45.175%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.922%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.349%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.802%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.354%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying value</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying value</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal value of hedged item<br/>2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal value of hedged item<br/>2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted average </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">interest rate </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">after swaps (where applicable)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Swap maturity (where applicable)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance plc Euro Bonds 2.875% due 2024</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(c)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">429 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">497 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">546</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +1.64%</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 7.125% 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">934 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +3.27%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2028</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Debentures 7.25% due 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">97 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">105 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month SOFR +5.69%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance plc Sterling Bonds 4.0% due 2029</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(c)(d)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">553 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">682 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">807</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +2.65%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Debentures 7.25% due 2031</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">384 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">420 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">400</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">400</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.72%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Global Notes 6.125% due 2033</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">673 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">722 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.67%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alcan Inc. Global Notes 5.75% due 2035</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">264 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">283 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +5.18%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 5.2% 2040</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(e)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,144 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,156 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">—</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,150</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) plc Bonds 4.75% 2042</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">488 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">495 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">500</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">500</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +3.42%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) plc Bonds 4.125% 2042</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">727 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">735 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">750</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 month LIBOR +2.83%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2023</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Finance (USA) Limited Bonds 2.75% 2051</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,065 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,225 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,250 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,250</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 month SOFR +1.57%</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2028</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC MIGA Insured Loan LIBOR plus 2.65% due 2027</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">597 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">673 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Commercial Banks “B Loan” LIBOR plus 3.4% due 2027</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,387 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,565 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Export Credit Agencies Loan 2.3% due 2028</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">237 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">278 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC Export Credit Agencies Loan LIBOR plus 3.65% due 2029</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">805 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">866 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC International Financial Institutions “A Loan” LIBOR plus 3.78% due 2030</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">744 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">776 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other secured loans</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">194 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">246 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other unsecured loans</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">475 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">508 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bank overdrafts</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total borrowings</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current borrowings</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">923 </span></td><td style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">812 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current borrowings</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,148 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,356 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #939292;border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total borrowings</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The fair value movements of our borrowings and interest rate swaps that are in fair value hedge relationships are summarised in note 9.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">In 2022, we transitioned the swaps associated to this bond from LIBOR + 5.43% to SOFR + 5.69%. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Rio Tinto has a US$10 billion (2021: US$10 billion) European Debt Issuance Programme against which the cumulative amount utilised was US$1.0 billion equivalent at 31 December 2022 (2021: US$1.1 billion). The carrying value of these bonds after hedge accounting adjustments amounted to US$1.0 billion (2021: US$1.2 billion) in aggregate. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">We applied cash flow hedge accounting to this bond and the corresponding cross currency interest rate swap. The hedge is fully effective as the notional amount, maturity, payment and reset dates match. Since 2019, we swapped the resulting fixed US dollar annual interest coupon payments to floating rates. Fair value hedge accounting has been applied to this relationship in addition to the pre-existing cash flow hedge.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">On 2 November 2022 our interest rate swap, which converted our fixed coupon interest payments on this bond to 3 month LIBOR +3.79%, matured. Given market conditions, further interest rate swaps were not transacted.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">These borrowings relate to the Oyu Tolgoi LLC project finance facility. The project finance facility provides for interest-only payments for the first five years from 2016 followed by minimum repayments according to a stepped amortisation schedule for the remaining life of the facility. The due dates stated represent the final repayment date. The interest rates stated are pre-completion and will increase by 1% post-completion. </span></div>(g)The Group’s borrowings of US$11.1 billion (2021: US$12.2 billion) include US$4.0 billion (2021: US$4.4 billion) of subsidiary entity borrowings that are subject to various financial and general covenants with which the respective borrowers were in compliance as at 31 December 2022.
CY2022Q4 ifrs-full Borrowings
Borrowings
11071000000 usd
CY2021Q4 ifrs-full Borrowings
Borrowings
12168000000 usd
CY2022Q4 ifrs-full Shortterm Borrowings
ShorttermBorrowings
923000000 usd
CY2021Q4 ifrs-full Shortterm Borrowings
ShorttermBorrowings
812000000 usd
CY2022Q4 ifrs-full Longterm Borrowings
LongtermBorrowings
10148000000 usd
CY2021Q4 ifrs-full Longterm Borrowings
LongtermBorrowings
11356000000 usd
CY2022Q4 ifrs-full Borrowings
Borrowings
11071000000 usd
CY2021Q4 ifrs-full Borrowings
Borrowings
12168000000 usd
CY2022Q4 rio Cumulative Amount Utilised From Debt Issuance
CumulativeAmountUtilisedFromDebtIssuance
1000000000 usd
CY2021Q4 rio Cumulative Amount Utilised From Debt Issuance
CumulativeAmountUtilisedFromDebtIssuance
1100000000 usd
CY2022Q4 ifrs-full Bonds Issued
BondsIssued
1000000000 usd
CY2022Q4 ifrs-full Borrowings
Borrowings
11071000000 usd
CY2021Q4 ifrs-full Borrowings
Borrowings
12168000000 usd
CY2022Q4 ifrs-full Shortterm Borrowings
ShorttermBorrowings
923000000 usd
CY2021Q4 ifrs-full Shortterm Borrowings
ShorttermBorrowings
812000000 usd
CY2022Q4 ifrs-full Longterm Borrowings
LongtermBorrowings
10148000000 usd
CY2021Q4 ifrs-full Longterm Borrowings
LongtermBorrowings
11356000000 usd
CY2022Q4 ifrs-full Borrowings
Borrowings
11071000000 usd
CY2021Q4 ifrs-full Borrowings
Borrowings
12168000000 usd
CY2022Q4 rio Cumulative Amount Utilised From Debt Issuance
CumulativeAmountUtilisedFromDebtIssuance
1000000000 usd
CY2021Q4 rio Cumulative Amount Utilised From Debt Issuance
CumulativeAmountUtilisedFromDebtIssuance
1100000000 usd
CY2022Q4 ifrs-full Bonds Issued
BondsIssued
1000000000 usd
CY2021Q4 ifrs-full Bonds Issued
BondsIssued
1200000000 usd
CY2022Q4 rio Debt Instrument Interest Rate Stated Percentage Increase
DebtInstrumentInterestRateStatedPercentageIncrease
0.01
CY2021Q4 ifrs-full Borrowings
Borrowings
12200000000 usd
CY2022Q4 rio Debt Instruments Restrictive Covenants
DebtInstrumentsRestrictiveCovenants
4000000000 usd
CY2021Q4 rio Debt Instruments Restrictive Covenants
DebtInstrumentsRestrictiveCovenants
4400000000 usd
CY2022 ifrs-full Disclosure Of Leases Explanatory
DisclosureOfLeasesExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">21     Leases </span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IFRS 16 “Leases” applies to the recognition, measurement, presentation and disclosure of leases. Certain leases are exempt from the standard, including leases to explore for or use minerals, oil, natural gas and similar non-regenerative resources. We apply the scope exemptions in paragraphs 3(e) and 4 of IFRS 16 and do not apply IFRS 16 to leases of any assets which would otherwise fall within the scope of IAS 38 “Intangible Assets”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A significant proportion by value of our lease arrangements relate to dry bulk vessels and office properties. Other leases include land and non-mining rights, warehouses, ports, equipment and vehicles. </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We recognise all lease liabilities and corresponding right of use assets on balance sheet, with the exception of short-term (12 months or fewer) and low value leases, where payments are expensed as incurred. Lease liabilities are recorded at the present value of: fixed payments; variable lease payments that depend on an index or rate; amounts payable under residual value guarantees; and extension options expected to be exercised. Where a lease contains an extension option which we can exercise without negotiation, lease payments for the extension period are included in the liability if we are reasonably certain that we will exercise the option. Variable lease payments not dependent on an index or rate are excluded from the calculation of lease liabilities at initial recognition. Payments are discounted at the incremental borrowing rate of the lessee, unless the interest rate implicit in the lease can be readily determined. For lease agreements relating to vessels, ports and properties, non-lease components are excluded from the projection of future lease payments and recorded separately within operating costs as services are being provided. The lease liability is measured at amortised cost using the effective interest method. The right of use asset arising from a lease arrangement at initial recognition reflects the lease liability, initial direct costs, lease payments made before the commencement date of the lease, and capitalised provision for dismantling and restoration, less any lease incentives. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We recognise depreciation on right of use assets and interest on lease liabilities in the income statement over the lease term. Repayments of lease liabilities are separated into a principal portion (presented within financing activities) and an interest portion (which the Group presents in operating activities) in the cash flow statement. Payments made before the commencement date are included within financing activities unless they in substance represent investing cash flows, for example where pre-commencement cash flows are significant relative to aggregate cash flows of the leasing arrangement.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Lessee arrangements</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have made the following payments associated with leases</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:58.069%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.253%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Description of payment</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Included within</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Principal lease payments</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">374 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flows from financing activities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest payments on leases</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flows from operating activities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for short-term leases</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">465 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">502 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for variable lease components</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for low value leases (&gt;12 months in duration)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total lease payments</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">937 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">944 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td></tr></table></div><div style="margin-bottom:4pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">21     Leases</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Lease liabilities</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The maturity profile of lease liabilities recognised at the balance sheet date is</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Lease liabilities</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Due within 1 year</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">329 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">361 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">388 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">440 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 3 and 5 years</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">191 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">226 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">More than 5 years</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">606 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">704 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total undiscounted cash payments expected to be made</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,514 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,731 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Effect of discounting</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(314)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(368)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of minimum lease payments</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,200 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,363 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current lease liability per the balance sheet</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">292 </span></td><td style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">324 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current lease liability per the balance sheet</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">908 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,039 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total lease liability</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,200 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,363 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>At 31 December 2022, commitments for leases not yet commenced were US$481 million (2021: US$476 million); commitments relating to short-term leases which had already commenced at 31 December 2022 were US$132 million (2021: US$165 million).
CY2022Q4 rio Debt Instrument Interest Rate Stated Percentage Increase
DebtInstrumentInterestRateStatedPercentageIncrease
0.01
CY2022Q4 ifrs-full Borrowings
Borrowings
11100000000 usd
CY2021Q4 ifrs-full Borrowings
Borrowings
12200000000 usd
CY2022Q4 rio Debt Instruments Restrictive Covenants
DebtInstrumentsRestrictiveCovenants
4000000000 usd
CY2021Q4 rio Debt Instruments Restrictive Covenants
DebtInstrumentsRestrictiveCovenants
4400000000 usd
CY2022 ifrs-full Disclosure Of Leases Explanatory
DisclosureOfLeasesExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">21     Leases </span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IFRS 16 “Leases” applies to the recognition, measurement, presentation and disclosure of leases. Certain leases are exempt from the standard, including leases to explore for or use minerals, oil, natural gas and similar non-regenerative resources. We apply the scope exemptions in paragraphs 3(e) and 4 of IFRS 16 and do not apply IFRS 16 to leases of any assets which would otherwise fall within the scope of IAS 38 “Intangible Assets”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A significant proportion by value of our lease arrangements relate to dry bulk vessels and office properties. Other leases include land and non-mining rights, warehouses, ports, equipment and vehicles. </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We recognise all lease liabilities and corresponding right of use assets on balance sheet, with the exception of short-term (12 months or fewer) and low value leases, where payments are expensed as incurred. Lease liabilities are recorded at the present value of: fixed payments; variable lease payments that depend on an index or rate; amounts payable under residual value guarantees; and extension options expected to be exercised. Where a lease contains an extension option which we can exercise without negotiation, lease payments for the extension period are included in the liability if we are reasonably certain that we will exercise the option. Variable lease payments not dependent on an index or rate are excluded from the calculation of lease liabilities at initial recognition. Payments are discounted at the incremental borrowing rate of the lessee, unless the interest rate implicit in the lease can be readily determined. For lease agreements relating to vessels, ports and properties, non-lease components are excluded from the projection of future lease payments and recorded separately within operating costs as services are being provided. The lease liability is measured at amortised cost using the effective interest method. The right of use asset arising from a lease arrangement at initial recognition reflects the lease liability, initial direct costs, lease payments made before the commencement date of the lease, and capitalised provision for dismantling and restoration, less any lease incentives. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We recognise depreciation on right of use assets and interest on lease liabilities in the income statement over the lease term. Repayments of lease liabilities are separated into a principal portion (presented within financing activities) and an interest portion (which the Group presents in operating activities) in the cash flow statement. Payments made before the commencement date are included within financing activities unless they in substance represent investing cash flows, for example where pre-commencement cash flows are significant relative to aggregate cash flows of the leasing arrangement.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Lessee arrangements</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have made the following payments associated with leases</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:58.069%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.253%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Description of payment</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Included within</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Principal lease payments</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">374 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flows from financing activities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest payments on leases</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flows from operating activities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for short-term leases</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">465 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">502 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for variable lease components</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for low value leases (&gt;12 months in duration)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total lease payments</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">937 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">944 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td></tr></table></div><div style="margin-bottom:4pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">21     Leases</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Lease liabilities</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The maturity profile of lease liabilities recognised at the balance sheet date is</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Lease liabilities</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Due within 1 year</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">329 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">361 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">388 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">440 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 3 and 5 years</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">191 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">226 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">More than 5 years</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">606 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">704 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total undiscounted cash payments expected to be made</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,514 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,731 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Effect of discounting</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(314)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(368)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of minimum lease payments</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,200 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,363 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current lease liability per the balance sheet</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">292 </span></td><td style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">324 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current lease liability per the balance sheet</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">908 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,039 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total lease liability</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,200 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,363 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>At 31 December 2022, commitments for leases not yet commenced were US$481 million (2021: US$476 million); commitments relating to short-term leases which had already commenced at 31 December 2022 were US$132 million (2021: US$165 million).
CY2022 ifrs-full Description Of Accounting Policy For Leases Explanatory
DescriptionOfAccountingPolicyForLeasesExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">IFRS 16 “Leases” applies to the recognition, measurement, presentation and disclosure of leases. Certain leases are exempt from the standard, including leases to explore for or use minerals, oil, natural gas and similar non-regenerative resources. We apply the scope exemptions in paragraphs 3(e) and 4 of IFRS 16 and do not apply IFRS 16 to leases of any assets which would otherwise fall within the scope of IAS 38 “Intangible Assets”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A significant proportion by value of our lease arrangements relate to dry bulk vessels and office properties. Other leases include land and non-mining rights, warehouses, ports, equipment and vehicles. </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We recognise all lease liabilities and corresponding right of use assets on balance sheet, with the exception of short-term (12 months or fewer) and low value leases, where payments are expensed as incurred. Lease liabilities are recorded at the present value of: fixed payments; variable lease payments that depend on an index or rate; amounts payable under residual value guarantees; and extension options expected to be exercised. Where a lease contains an extension option which we can exercise without negotiation, lease payments for the extension period are included in the liability if we are reasonably certain that we will exercise the option. Variable lease payments not dependent on an index or rate are excluded from the calculation of lease liabilities at initial recognition. Payments are discounted at the incremental borrowing rate of the lessee, unless the interest rate implicit in the lease can be readily determined. For lease agreements relating to vessels, ports and properties, non-lease components are excluded from the projection of future lease payments and recorded separately within operating costs as services are being provided. The lease liability is measured at amortised cost using the effective interest method. The right of use asset arising from a lease arrangement at initial recognition reflects the lease liability, initial direct costs, lease payments made before the commencement date of the lease, and capitalised provision for dismantling and restoration, less any lease incentives. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We recognise depreciation on right of use assets and interest on lease liabilities in the income statement over the lease term. Repayments of lease liabilities are separated into a principal portion (presented within financing activities) and an interest portion (which the Group presents in operating activities) in the cash flow statement. Payments made before the commencement date are included within financing activities unless they in substance represent investing cash flows, for example where pre-commencement cash flows are significant relative to aggregate cash flows of the leasing arrangement.</span></div>
CY2022 ifrs-full Disclosure Of Additional Information About Leasing Activities For Lessee Explanatory
DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory
<span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have made the following payments associated with leases</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:58.069%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.253%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Description of payment</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Included within</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Principal lease payments</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">374 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flows from financing activities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest payments on leases</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flows from operating activities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for short-term leases</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">465 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">502 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for variable lease components</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for low value leases (&gt;12 months in duration)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total lease payments</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">937 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">944 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td></tr></table>
CY2022 rio Finance Lease Principal Payments
FinanceLeasePrincipalPayments
374000000 usd
CY2021 rio Finance Lease Principal Payments
FinanceLeasePrincipalPayments
358000000 usd
CY2022 ifrs-full Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
47000000 usd
CY2021 ifrs-full Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
48000000 usd
CY2022 ifrs-full Expense Relating To Shortterm Leases For Which Recognition Exemption Has Been Used
ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed
465000000 usd
CY2021 ifrs-full Expense Relating To Shortterm Leases For Which Recognition Exemption Has Been Used
ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed
502000000 usd
CY2022 ifrs-full Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities
ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities
50000000 usd
CY2022 ifrs-full Disclosure Of Additional Information About Leasing Activities For Lessee Explanatory
DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory
<span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have made the following payments associated with leases</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:58.069%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.253%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Description of payment</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Included within</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Principal lease payments</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">374 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">358 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flows from financing activities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest payments on leases</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flows from operating activities</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for short-term leases</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">465 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">502 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for variable lease components</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Payments for low value leases (&gt;12 months in duration)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net operating costs</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total lease payments</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">937 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">944 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td></tr></table>
CY2022 rio Finance Lease Principal Payments
FinanceLeasePrincipalPayments
374000000 usd
CY2021 rio Finance Lease Principal Payments
FinanceLeasePrincipalPayments
358000000 usd
CY2022 ifrs-full Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
47000000 usd
CY2021 ifrs-full Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
48000000 usd
CY2022 ifrs-full Expense Relating To Shortterm Leases For Which Recognition Exemption Has Been Used
ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed
465000000 usd
CY2021 ifrs-full Expense Relating To Shortterm Leases For Which Recognition Exemption Has Been Used
ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed
502000000 usd
CY2022 ifrs-full Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities
ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities
50000000 usd
CY2021 ifrs-full Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities
ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities
34000000 usd
CY2022 ifrs-full Expense Relating To Leases Of Lowvalue Assets For Which Recognition Exemption Has Been Used
ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed
1000000 usd
CY2021 ifrs-full Expense Relating To Leases Of Lowvalue Assets For Which Recognition Exemption Has Been Used
ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed
2000000 usd
CY2022 ifrs-full Cash Outflow For Leases
CashOutflowForLeases
937000000 usd
CY2021 ifrs-full Cash Outflow For Leases
CashOutflowForLeases
944000000 usd
CY2021Q4 ifrs-full Current Lease Liabilities
CurrentLeaseLiabilities
324000000 usd
CY2021 ifrs-full Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities
ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities
34000000 usd
CY2022 ifrs-full Expense Relating To Leases Of Lowvalue Assets For Which Recognition Exemption Has Been Used
ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed
1000000 usd
CY2021 ifrs-full Expense Relating To Leases Of Lowvalue Assets For Which Recognition Exemption Has Been Used
ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed
2000000 usd
CY2022 ifrs-full Cash Outflow For Leases
CashOutflowForLeases
937000000 usd
CY2021 ifrs-full Cash Outflow For Leases
CashOutflowForLeases
944000000 usd
CY2022Q4 rio Finance Lease Obligations
FinanceLeaseObligations
1514000000 usd
CY2021Q4 rio Finance Lease Obligations
FinanceLeaseObligations
1731000000 usd
CY2022Q4 ifrs-full Discounted Unguaranteed Residual Value Of Assets Subject To Finance Lease
DiscountedUnguaranteedResidualValueOfAssetsSubjectToFinanceLease
314000000 usd
CY2021Q4 ifrs-full Discounted Unguaranteed Residual Value Of Assets Subject To Finance Lease
DiscountedUnguaranteedResidualValueOfAssetsSubjectToFinanceLease
368000000 usd
CY2022Q4 rio Minimumfinanceleasepaymentspayableatpresentvalue
Minimumfinanceleasepaymentspayableatpresentvalue
1200000000 usd
CY2021Q4 rio Minimumfinanceleasepaymentspayableatpresentvalue
Minimumfinanceleasepaymentspayableatpresentvalue
1363000000 usd
CY2022Q4 ifrs-full Current Lease Liabilities
CurrentLeaseLiabilities
292000000 usd
CY2022Q4 rio Finance Lease Obligations
FinanceLeaseObligations
1514000000 usd
CY2021Q4 rio Finance Lease Obligations
FinanceLeaseObligations
1731000000 usd
CY2022Q4 ifrs-full Discounted Unguaranteed Residual Value Of Assets Subject To Finance Lease
DiscountedUnguaranteedResidualValueOfAssetsSubjectToFinanceLease
314000000 usd
CY2021Q4 ifrs-full Discounted Unguaranteed Residual Value Of Assets Subject To Finance Lease
DiscountedUnguaranteedResidualValueOfAssetsSubjectToFinanceLease
368000000 usd
CY2022Q4 rio Minimumfinanceleasepaymentspayableatpresentvalue
Minimumfinanceleasepaymentspayableatpresentvalue
1200000000 usd
CY2021Q4 rio Minimumfinanceleasepaymentspayableatpresentvalue
Minimumfinanceleasepaymentspayableatpresentvalue
1363000000 usd
CY2021Q4 ifrs-full Current Lease Liabilities
CurrentLeaseLiabilities
324000000 usd
CY2022Q4 ifrs-full Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
908000000 usd
CY2021Q4 ifrs-full Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
1039000000 usd
CY2022Q4 ifrs-full Lease Liabilities
LeaseLiabilities
1200000000 usd
CY2021Q4 ifrs-full Lease Liabilities
LeaseLiabilities
1363000000 usd
CY2022 ifrs-full Disclosure Of Cash And Cash Equivalents Explanatory
DisclosureOfCashAndCashEquivalentsExplanatory
<div style="margin-bottom:2pt;margin-top:9pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">22     Cash and cash equivalents</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For the purpose of the balance sheet, cash and cash equivalents covers: cash on hand, deposits held with banks, and short-term, highly liquid investments (mainly money market funds) that are readily convertible into known amounts of cash and which are subject to insignificant risk of changes in value. Bank overdrafts are shown as current liabilities on the balance sheet. For the purposes of the cash flow statement, cash and cash equivalents are shown net of overdrafts.</span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash at bank and in hand</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,889 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,344 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Money market funds, reverse repurchase agreements and other cash equivalents</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,886 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,463 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance per Group balance sheet</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,775 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,807 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bank overdrafts repayable on demand (unsecured)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance per Group cash flow statement</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,774 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,805 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Restricted cash and cash equivalent analysis</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and cash equivalents of US$391 million (2021: US$235 million) are held in countries where there are restrictions on remittances. Of this balance, US$268 million (2021: US$165 million) could be used to repay subsidiaries’ third-party borrowings. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">There are also restrictions on a further US$576 million (2021: US$981 million) of cash and cash equivalents, the majority of which is held by partially owned subsidiaries and is not available for use in the wider Group due to legal and contractual restrictions currently in place. Of this balance US$336 million (2021: US$752 million) could be use</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">d to repay these subsidiaries’ third-party borrowings.</span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Credit risk related to cash and cash equivalents</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our Treasury team manages credit risk from our investing activities in accordance with credit risk framework which sets the risk appetite. We make investments of surplus funds only with approved investment grade (BBB- and above) counterparties who have been assigned specific credit limits. The limits are set to minimise the concentration of credit risk and therefore mitigate the potential for financial loss through counterparty failure.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At 31 December 2022 we held US$850 million (2021: US$4,520 million) of reverse repurchase agreements, measured at amortised cost and reported within cash and cash equivalents as they are highly liquid products maturing within three months. We accepted collateral of investment grade quality in respect of these reverse repurchase agreements, with a fair value of US$892 million as at 31 December 2022 (2021: US$4,638 million). Collateral is not recognised on our balance sheet and if the counterparty were to default we would be able to sell it.</span></div>
CY2022Q4 ifrs-full Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
908000000 usd
CY2021Q4 ifrs-full Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
1039000000 usd
CY2022Q4 ifrs-full Lease Liabilities
LeaseLiabilities
1200000000 usd
CY2021Q4 ifrs-full Lease Liabilities
LeaseLiabilities
1363000000 usd
CY2022 ifrs-full Disclosure Of Cash And Cash Equivalents Explanatory
DisclosureOfCashAndCashEquivalentsExplanatory
<div style="margin-bottom:2pt;margin-top:9pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">22     Cash and cash equivalents</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For the purpose of the balance sheet, cash and cash equivalents covers: cash on hand, deposits held with banks, and short-term, highly liquid investments (mainly money market funds) that are readily convertible into known amounts of cash and which are subject to insignificant risk of changes in value. Bank overdrafts are shown as current liabilities on the balance sheet. For the purposes of the cash flow statement, cash and cash equivalents are shown net of overdrafts.</span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash at bank and in hand</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,889 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,344 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Money market funds, reverse repurchase agreements and other cash equivalents</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,886 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,463 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance per Group balance sheet</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,775 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,807 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bank overdrafts repayable on demand (unsecured)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance per Group cash flow statement</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,774 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,805 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Restricted cash and cash equivalent analysis</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and cash equivalents of US$391 million (2021: US$235 million) are held in countries where there are restrictions on remittances. Of this balance, US$268 million (2021: US$165 million) could be used to repay subsidiaries’ third-party borrowings. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">There are also restrictions on a further US$576 million (2021: US$981 million) of cash and cash equivalents, the majority of which is held by partially owned subsidiaries and is not available for use in the wider Group due to legal and contractual restrictions currently in place. Of this balance US$336 million (2021: US$752 million) could be use</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">d to repay these subsidiaries’ third-party borrowings.</span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Credit risk related to cash and cash equivalents</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our Treasury team manages credit risk from our investing activities in accordance with credit risk framework which sets the risk appetite. We make investments of surplus funds only with approved investment grade (BBB- and above) counterparties who have been assigned specific credit limits. The limits are set to minimise the concentration of credit risk and therefore mitigate the potential for financial loss through counterparty failure.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At 31 December 2022 we held US$850 million (2021: US$4,520 million) of reverse repurchase agreements, measured at amortised cost and reported within cash and cash equivalents as they are highly liquid products maturing within three months. We accepted collateral of investment grade quality in respect of these reverse repurchase agreements, with a fair value of US$892 million as at 31 December 2022 (2021: US$4,638 million). Collateral is not recognised on our balance sheet and if the counterparty were to default we would be able to sell it.</span></div>
CY2022 ifrs-full Description Of Accounting Policy To Determine Components Of Cash And Cash Equivalents
DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents
<div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For the purpose of the balance sheet, cash and cash equivalents covers: cash on hand, deposits held with banks, and short-term, highly liquid investments (mainly money market funds) that are readily convertible into known amounts of cash and which are subject to insignificant risk of changes in value. Bank overdrafts are shown as current liabilities on the balance sheet. For the purposes of the cash flow statement, cash and cash equivalents are shown net of overdrafts.</span></div>
CY2022Q4 ifrs-full Cash
Cash
1889000000 usd
CY2021Q4 ifrs-full Cash
Cash
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CY2022Q4 ifrs-full Shortterm Investments Classified As Cash Equivalents
ShorttermInvestmentsClassifiedAsCashEquivalents
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CY2021Q4 ifrs-full Shortterm Investments Classified As Cash Equivalents
ShorttermInvestmentsClassifiedAsCashEquivalents
11463000000 usd
CY2022Q4 ifrs-full Cash And Cash Equivalents
CashAndCashEquivalents
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CY2021Q4 ifrs-full Cash And Cash Equivalents
CashAndCashEquivalents
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CY2022Q4 ifrs-full Cash
Cash
1889000000 usd
CY2021Q4 ifrs-full Cash
Cash
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CY2022Q4 ifrs-full Shortterm Investments Classified As Cash Equivalents
ShorttermInvestmentsClassifiedAsCashEquivalents
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CY2021Q4 ifrs-full Shortterm Investments Classified As Cash Equivalents
ShorttermInvestmentsClassifiedAsCashEquivalents
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CY2022Q4 ifrs-full Cash And Cash Equivalents
CashAndCashEquivalents
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CY2021Q4 ifrs-full Cash And Cash Equivalents
CashAndCashEquivalents
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CY2022Q4 ifrs-full Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
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CY2021Q4 ifrs-full Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
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CY2022Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
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CY2021Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
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CY2022Q4 ifrs-full Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
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CY2021Q4 ifrs-full Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
235000000 usd
CY2022Q4 rio Restricted Cash And Cash Equivalent Available To Repay Borrowings
RestrictedCashAndCashEquivalentAvailableToRepayBorrowings
268000000 usd
CY2022Q4 ifrs-full Reverse Repurchase Agreements And Cash Collateral On Securities Borrowed
ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed
850000000 usd
CY2022Q4 ifrs-full Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
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CY2021Q4 ifrs-full Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
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CY2022Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
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CY2021Q4 ifrs-full Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
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CY2022Q4 ifrs-full Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
391000000 usd
CY2021Q4 ifrs-full Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
235000000 usd
CY2022Q4 rio Restricted Cash And Cash Equivalent Available To Repay Borrowings
RestrictedCashAndCashEquivalentAvailableToRepayBorrowings
268000000 usd
CY2021Q4 rio Restricted Cash And Cash Equivalent Available To Repay Borrowings
RestrictedCashAndCashEquivalentAvailableToRepayBorrowings
165000000 usd
CY2022Q4 ifrs-full Reverse Repurchase Agreements And Cash Collateral On Securities Borrowed
ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed
850000000 usd
CY2021Q4 ifrs-full Reverse Repurchase Agreements And Cash Collateral On Securities Borrowed
ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed
4520000000 usd
CY2022Q4 ifrs-full Assets Held As Collateral Permitted To Be Sold Or Repledged At Fair Value
AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue
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CY2021Q4 ifrs-full Assets Held As Collateral Permitted To Be Sold Or Repledged At Fair Value
AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue
4638000000 usd
CY2021Q4 ifrs-full Reverse Repurchase Agreements And Cash Collateral On Securities Borrowed
ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed
4520000000 usd
CY2022Q4 ifrs-full Assets Held As Collateral Permitted To Be Sold Or Repledged At Fair Value
AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue
892000000 usd
CY2021Q4 ifrs-full Assets Held As Collateral Permitted To Be Sold Or Repledged At Fair Value
AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue
4638000000 usd
CY2022Q4 rio Non Current Derivative Financial Assets Not Related To Net Debt
NonCurrentDerivativeFinancialAssetsNotRelatedToNetDebt
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CY2022Q4 rio Derivative Financial Assets Not Related To Net Debt
DerivativeFinancialAssetsNotRelatedToNetDebt
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CY2021Q4 rio Non Current Derivative Financial Assets Not Related To Net Debt
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CY2021Q4 rio Current Derivative Financial Assets Not Related To Net Debt
CurrentDerivativeFinancialAssetsNotRelatedToNetDebt
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CY2021Q4 rio Derivative Financial Assets Not Related To Net Debt
DerivativeFinancialAssetsNotRelatedToNetDebt
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CY2022Q4 rio Non Current Derivative Financial Assets Related To Net Debt
NonCurrentDerivativeFinancialAssetsRelatedToNetDebt
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CY2022Q4 rio Current Derivative Financial Assets Related To Net Debt
CurrentDerivativeFinancialAssetsRelatedToNetDebt
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NonCurrentDerivativeFinancialAssetsNotRelatedToNetDebt
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CY2022Q4 rio Current Derivative Financial Assets Not Related To Net Debt
CurrentDerivativeFinancialAssetsNotRelatedToNetDebt
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CY2022Q4 rio Derivative Financial Assets Not Related To Net Debt
DerivativeFinancialAssetsNotRelatedToNetDebt
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CY2021Q4 rio Non Current Derivative Financial Assets Not Related To Net Debt
NonCurrentDerivativeFinancialAssetsNotRelatedToNetDebt
80000000 usd
CY2021Q4 rio Current Derivative Financial Assets Not Related To Net Debt
CurrentDerivativeFinancialAssetsNotRelatedToNetDebt
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CY2021Q4 rio Derivative Financial Assets Not Related To Net Debt
DerivativeFinancialAssetsNotRelatedToNetDebt
133000000 usd
CY2022Q4 rio Non Current Derivative Financial Assets Related To Net Debt
NonCurrentDerivativeFinancialAssetsRelatedToNetDebt
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CY2022Q4 rio Current Derivative Financial Assets Related To Net Debt
CurrentDerivativeFinancialAssetsRelatedToNetDebt
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CY2022Q4 rio Derivative Financial Assets Related To Net Debt
DerivativeFinancialAssetsRelatedToNetDebt
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NonCurrentDerivativeFinancialAssetsRelatedToNetDebt
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CY2021Q4 rio Derivative Financial Assets Related To Net Debt
DerivativeFinancialAssetsRelatedToNetDebt
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CY2022Q4 rio Noncurrent Equity Shares And Quoted Funds
NoncurrentEquitySharesAndQuotedFunds
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CY2022Q4 rio Current Equity Shares And Quoted Funds
CurrentEquitySharesAndQuotedFunds
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CY2022Q4 rio Equity Shares And Quoted Funds
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NoncurrentEquitySharesAndQuotedFunds
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CY2022Q4 rio Derivative Financial Assets Related To Net Debt
DerivativeFinancialAssetsRelatedToNetDebt
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CY2021Q4 rio Non Current Derivative Financial Assets Related To Net Debt
NonCurrentDerivativeFinancialAssetsRelatedToNetDebt
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CY2021Q4 rio Current Derivative Financial Assets Related To Net Debt
CurrentDerivativeFinancialAssetsRelatedToNetDebt
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CY2021Q4 rio Derivative Financial Assets Related To Net Debt
DerivativeFinancialAssetsRelatedToNetDebt
139000000 usd
CY2022Q4 rio Noncurrent Equity Shares And Quoted Funds
NoncurrentEquitySharesAndQuotedFunds
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CY2022Q4 rio Current Equity Shares And Quoted Funds
CurrentEquitySharesAndQuotedFunds
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CY2022Q4 rio Equity Shares And Quoted Funds
EquitySharesAndQuotedFunds
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CY2021Q4 rio Noncurrent Equity Shares And Quoted Funds
NoncurrentEquitySharesAndQuotedFunds
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CY2021Q4 rio Current Equity Shares And Quoted Funds
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CY2021Q4 rio Equity Shares And Quoted Funds
EquitySharesAndQuotedFunds
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NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
211000000 usd
CY2022Q4 ifrs-full Current Investments
CurrentInvestments
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CY2022Q4 ifrs-full Investments Other Than Investments Accounted For Using Equity Method
InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
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CY2021Q4 ifrs-full Current Investments
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CY2021Q4 ifrs-full Investments Other Than Investments Accounted For Using Equity Method
InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
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CY2022Q4 ifrs-full Other Noncurrent Financial Assets
OtherNoncurrentFinancialAssets
406000000 usd
CY2021Q4 rio Current Equity Shares And Quoted Funds
CurrentEquitySharesAndQuotedFunds
19000000 usd
CY2022Q4 ifrs-full Noncurrent Investments Other Than Investments Accounted For Using Equity Method
NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
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CY2022Q4 ifrs-full Current Investments
CurrentInvestments
2064000000 usd
CY2022Q4 ifrs-full Investments Other Than Investments Accounted For Using Equity Method
InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
2275000000 usd
CY2021Q4 ifrs-full Noncurrent Investments Other Than Investments Accounted For Using Equity Method
NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
220000000 usd
CY2021Q4 ifrs-full Current Investments
CurrentInvestments
2462000000 usd
CY2021Q4 ifrs-full Investments Other Than Investments Accounted For Using Equity Method
InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
2682000000 usd
CY2022Q4 ifrs-full Other Noncurrent Financial Assets
OtherNoncurrentFinancialAssets
406000000 usd
CY2022Q4 ifrs-full Other Current Financial Assets
OtherCurrentFinancialAssets
2160000000 usd
CY2022Q4 ifrs-full Other Financial Assets
OtherFinancialAssets
2566000000 usd
CY2021Q4 ifrs-full Other Noncurrent Financial Assets
OtherNoncurrentFinancialAssets
528000000 usd
CY2021Q4 ifrs-full Other Current Financial Assets
OtherCurrentFinancialAssets
2543000000 usd
CY2021Q4 ifrs-full Other Financial Assets
OtherFinancialAssets
3071000000 usd
CY2022Q4 ifrs-full Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading
FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading
1998000000 usd
CY2021Q4 ifrs-full Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading
FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading
2401000000 usd
CY2022Q4 ifrs-full Notional Amount
NotionalAmount
1216000000 usd
CY2022Q4 ifrs-full Other Current Financial Assets
OtherCurrentFinancialAssets
2160000000 usd
CY2022Q4 ifrs-full Other Financial Assets
OtherFinancialAssets
2566000000 usd
CY2021Q4 ifrs-full Other Noncurrent Financial Assets
OtherNoncurrentFinancialAssets
528000000 usd
CY2021Q4 ifrs-full Other Current Financial Assets
OtherCurrentFinancialAssets
2543000000 usd
CY2021Q4 ifrs-full Other Financial Assets
OtherFinancialAssets
3071000000 usd
CY2022Q4 ifrs-full Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading
FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading
1998000000 usd
CY2021Q4 ifrs-full Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading
FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading
2401000000 usd
CY2022 ifrs-full Description Of Accounting Policy For Financial Instruments Explanatory
DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We classify our financial assets into those held at amortised cost and those to be measured at fair value either through the profit and loss (FVTPL) or through other comprehensive income (FVOCI) based on the business model for managing the financial assets and the contractual terms of the cash flows. </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Classification of financial asset</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortised cost</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value through profit and loss</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value through other comprehensive income</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Recognition and measurement</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At initial recognition, trade receivables that do not have a significant financing component are recognised at their transaction price. Other financial assets are initially recognised at fair value plus related transaction costs.</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The asset is initially recognised at fair value with transaction costs immediately expensed to the income statement. </span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The asset is initially recognised at fair value. </span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Subsequent measurement</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortised cost using the effective interest method. </span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value movements are recognised in the income statement.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value gains or losses on revaluation of such equity investments, including any foreign exchange component, are recognised in other comprehensive income. Dividends are recognised in the income statement when the right to receive payment is established. </span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Derecognition</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Any gain or loss on de-recognition or modification of a financial asset held at amortised cost is recognised in the income statement.</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable.</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">When the equity investment is derecognised, there is no reclassification of fair value gains or losses previously recognised in other comprehensive income to the income statement.</span></td></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Borrowings and other financial liabilities (including trade payables but excluding derivative liabilities) are recognised initially at fair value, net of transaction costs incurred, and are subsequently measured at amortised cost. </span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">24     Financial instruments and risk management </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Financial risk management objectives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our financial risk management objectives are:</span></div><div style="margin-bottom:3pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">to have in place a robust capital structure to manage the organisation through the commodity cycle; and </span></div><div style="margin-bottom:5pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">to allow our financial exposures, mainly commodity price, foreign exchange and interest rates, to, in general, float with the market. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our Treasury and Commercial teams manage the following key economic risks generated from our operations:</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Capital and Liquidity risk </span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Credit risk</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Interest rate risk</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Commodity price risk</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Foreign exchange risk</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">These teams operate under a strong control environment, within approved limits.</span></div><div style="margin-bottom:4pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(i) Capital and liquidity risk</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our capital and liquidity risk arises from the possibility that we may not be able to settle or meet our obligations as they fall due. Refer to Our capital and liquidity section on page <a href="#id60088f3d09845439b06e898f5f65a18_94" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">190</a>.</span></div><div style="margin-bottom:2pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(ii) Credit risk</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit risk is the risk that our customers, or institutions that we invest in, are unable to meet their contractual obligations. We are exposed to credit risk in our operating activities (primarily from customer trade receivables); and from our investing activities that include government securities (primarily US Government), corporate and asset-backed securities, reverse re-purchase agreements, money market funds, and balances with banks and financial institutions. Refer to note 17 Receivables and other assets, note 22 Cash and cash equivalents and note 23 Other financial assets and liabilities for an understanding of the size of balance.</span></div><div style="margin-bottom:4pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(iii) Interest rate risk</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our interest rate management policy is generally to borrow and invest at floating interest rates. After the impact of hedging, 77% (2021: 85%) of our borrowings (including leases) were at floating rates. To understand how we manage interest rate risk refer to note 20.</span></div>
CY2022 ifrs-full Disclosure Of Financial Risk Management Explanatory
DisclosureOfFinancialRiskManagementExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We held the following notional aluminium forward sales contracts embedded in the power contracts: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Within 1 year</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Between 1 and 5 years</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Between 5 and 10 years</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">After 10 years</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Notional amount (in tonnes)</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">501,498 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72,812 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">289,868 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">138,818 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Notional amount (in US$ millions)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,216 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">166 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">697 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">353 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Average hedged rate (in US$ per tonne)</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,425 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,282 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,404 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,542 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Between 1 <br/>and 5 years</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Between 5 <br/>and 10 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">After 10 years</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Notional amount (in tonnes)</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">573,653 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72,555 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">289,867 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211,231 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Notional amount (in US$ millions)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,377 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">162 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">683 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">532 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Average hedged rate (in US$ per tonne)</span></div></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,401 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,234 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,355 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,520 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4 ifrs-full Nominal Amount Of Hedging Instrument
NominalAmountOfHedgingInstrument
501498 t
CY2022 ifrs-full Disclosure Of Employee Benefits Explanatory
DisclosureOfEmployeeBenefitsExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">28     Post-retirement benefits </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Description of plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group operates a number of pension and post-retirement healthcare plans which provide lump sums, pensions, medical benefits and life insurance to retirees. Some of these plans are defined contribution and some are defined benefit, with assets held in separate trusts, foundations and similar entities. </span></div><div style="margin-bottom:4pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit pension and post-retirement healthcare plans expose the Group to a number of risks: </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:19.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:78.127%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uncertainty in benefit payments</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The value of the Group’s liabilities for post-retirement benefits will ultimately depend on the amount of benefits paid out.</span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">This in turn will depend on the level of future pay increases, the level of inflation (for those benefits that are subject to some form of inflation protection) and how long individuals live.</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Volatility in asset values</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The Group is exposed to future movements in the values of assets held in pension plans to meet future benefit payments.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uncertainty in cash funding</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Movements in the values of the obligations or assets may result in the Group being required to provide higher levels of cash funding, although changes in the level of cash required can often be spread over a number of years. In some countries control over the rate of cash funding or over the investment policy for pension assets might rest to some extent with a trustee body or other body that is not under the Group’s direct control. In addition the Group is also exposed to adverse changes in pension regulation.</span></div></td></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For these reasons the Group has a policy of moving away from defined benefit pension provisions and towards defined contribution arrangements instead. The defined benefit pension plans for salaried employees are closed to new entrants in almost all countries. For unionised employees, some plans remain open. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group does not usually participate in multi-employer plans in which the risks are shared with other companies using those plans. The Group’s participation in such plans is immaterial and therefore no detailed disclosures are provided in this note. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Pension plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The majority of the Group’s defined benefit pension obligations are in Canada, the UK, the US and Switzerland. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Canada the benefits for salaried staff are generally linked to final average pay and the plans are generally closed to new entrants. Benefits for unionised employees are reviewed in negotiation with unions and are typically linked either to final average pay or to a flat monetary amount per year of service. New employees join arrangements which are defined contribution from the Group’s perspective, with any required additional funding being provided by employees. The plans are subject to the regulatory requirements that apply to Canadian pension plans in the relevant provinces and territories (predominantly Quebec). Pension Committees are responsible for ensuring that the plans operate in a manner that is compliant with the relevant regulations. The Pension Committees generally have a number of members appointed by the sponsor and a number appointed by the plan participants. In some cases, there is also an independent Committee member. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The defined benefit sections of the UK arrangements are linked to final pay. New employees join the defined contribution sections. The plans are subject to the regulatory requirements that apply to UK pension plans. Trustees are responsible for ensuring that the plans operate in a manner that is compliant with UK regulations. The trustee board governing the main UK plans has a number of directors appointed by the sponsor, a number appointed by the plan participants and an independent trustee director. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A defined benefit pension plan is sponsored by the US entities. Benefits for salaried staff are generally linked to final average pay. Benefits for unionised employees are reviewed in negotiation with unions and are typically a flat monetary amount per year of service. New employees are admitted to defined contribution plans. A Benefits Governance Committee is responsible for ensuring that the plans are compliant with US regulations. Members of that Committee are appointed by the sponsor. </span></div><div style="margin-bottom:9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Swiss plan provides benefits linked to final average pay. The Swiss plan is overseen by a Trustee board which is responsible for ensuring that the plan complies with Swiss regulations. Trustee board members are appointed by the plan sponsor, by employees and by retirees. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Australia, the main arrangements are principally defined contribution in nature but there are sections providing defined benefits linked to final pay, typically paid in lump sum form. These arrangements are managed by an independent financial institution, who are responsible for ensuring that the plans are operating in a manner that is compliant with local regulations. We may nominate candidates to be considered for appointment to the governing board, as may other employers. One third of the board positions are nominated by employers, with the remaining positions being filled by independent directors and directors nominated by participants. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group also operates a number of unfunded defined benefit plans, which are included in the figures below. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Post-retirement healthcare plans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Certain subsidiaries of the Group, mainly in the US and Canada, provide healthcare and life insurance benefits to retired employees and in some cases to their beneficiaries and covered dependants. Eligibility for coverage is dependent upon certain age and service criteria. These arrangements are unfunded, and are included in the figures below. </span></div><div style="margin-bottom:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For post-employment defined benefit schemes, in accordance with IAS 19 “Employee Benefits”, local actuaries calculate the fair value of the plan assets and the present value of the plan obligations using a variety of valuation techniques dependent on the type of asset or liability. The difference is recognised as an asset or liability in the balance sheet.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where appropriate, the recognition of assets may be restricted to the present value of any amounts the Group expects to recover by way of refunds from the plan or reductions in future contributions. In determining the extent to which a refund will be available the Group considers whether any third party, such as a trustee or pension committee, has the power to enhance benefits or to wind up a pension plan without the Group’s consent.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The current service cost, any past service cost and the effect of any curtailment or settlements are recognised in the income statement. The interest cost less interest income on assets held in the plans is also charged to the income statement. All amounts charged to the income statement in respect of these plans are included within “Net operating costs” or in “Share of profit after tax of equity accounted units”, as appropriate. Actuarial gains/losses and returns from assets are recognised in other comprehensive income.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group’s contributions to defined contribution plans are charged to the income statement in the period to which the contributions relate. These are included within “Net operating costs” or in “Share of profit after tax of equity accounted units”, as appropriate.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Plan assets</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The assets of the pension plans are invested predominantly in a diversified range of equities, bonds and property. Consequently, the funding level of the pension plans is affected by movements in the level of equity markets and also by movements in interest rates. The Group monitors its exposure to changes in interest rates and equity markets and also measures its balance sheet pension risk using a value at risk approach. These measures are considered when deciding whether significant changes in investment strategy are required.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Investment strategy reviews are conducted on a periodic basis to determine the optimal investment mix. This is performed while bearing in mind the risk tolerance of the Group and local sponsor companies, and the views of the Pension Committees and trustee boards who are legally responsible for the plans’ investments. The assets of the pension plans may also be invested in Qualifying Insurance Policies which provide a stream of payments to match the benefits being paid out by the plans. This would therefore remove the investment, inflation and longevity risks. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Canada, the UK and Switzerland, the Group works with the governing bodies to ensure that the investment policy adopted is consistent with the Group’s tolerance for risk. In the US the Group has direct control over the investment policy, subject to local investment regulations.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The proportions of the total fair value of assets in the pension plans for each asset class at the balance sheet date were:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:center"><span><br/></span></div></td><td colspan="6" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equities</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18.0 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17.6 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Quoted</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Private</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bonds</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Government fixed income</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Government inflation-linked</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Corporate and other publicly quoted</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Private</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Property</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Quoted property funds</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Unquoted property funds</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Qualifying insurance policies</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash &amp; other</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100.0 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100.0 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The assets of the plans are managed on a day-to-day basis by external specialist fund managers. These managers may invest in the Group’s securities subject to limits imposed by the relevant fiduciary committees and local legislation. The approximate total holding of Group securities within the plans is US$2 million (2021: US$2 million). </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The holdings of quoted equities are invested in either pooled funds or segregated accounts held in the name of the relevant pension funds. These equity portfolios are well diversified in terms of the geographic distribution and market sectors. </span></div><div style="margin-bottom:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">28     Post-retirement benefits</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The holdings of government bonds are generally invested in the debt of the country in which a pension plan is situated. Corporate and other quoted bonds are usually of investment grade. Private debt is mainly held in the North American and UK pension funds and is invested in North American and European companies. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The property funds are invested in a diversified range of properties. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The holdings of cash &amp; other are predominantly cash and short-term money market instruments. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Investments in private equity, private debt and property are less liquid than the other investment classes listed above and therefore the Group’s investment in those asset classes is restricted to a level that does not endanger the liquidity of the pension plans.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Qualifying insurance policies are held with insurance companies that are regulated by the relevant local authorities. The value of those policies is calculated by the local actuaries using assumptions consistent with those adopted for valuing the insured obligations. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group makes limited use of futures, repurchase agreements and other instruments to manage the interest rate risk in some of its plans. Fund managers may also use derivatives to hedge currency movements within their portfolios and, in the case of bond managers, to take positions that could be taken using direct holdings of bonds but more efficiently. Exposure to these instruments is closely monitored and maintained at a level that does not endanger the liquidity of any pension plan. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Maturity of defined benefit obligations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">An approximate analysis of the maturity of the obligations is given in the table below: </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to current employees</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to former employees not yet retired</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to retirees</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">84 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">69 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Average duration of obligations (years)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.3</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.8</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14.3</span></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Most of the Group’s defined benefit pension plans are closed to new entrants, therefore the carrying value of the Group’s post-employment obligations is less sensitive to assumptions about future salary increases than to other assumptions such as future inflation.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Geographical distribution of defined benefit obligations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">An approximate analysis of the geographic distribution of the obligations is given in the table below:</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">UK</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Switzerland</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Total expense recognised in the income statement</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current employer service cost for defined benefit plans</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(136)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(143)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(167)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(137)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 8.09pt;text-align:left;text-indent:-7.09pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Past service cost</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 8.09pt;text-align:left;text-indent:-7.09pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlement losses</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net interest on net defined benefit liability</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(12)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(24)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(36)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(49)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-investment expenses paid from the plans</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total defined benefit expense</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(161)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(31)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(239)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(205)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current employer service cost for defined contribution and industry-wide plans</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(365)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(367)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(315)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(264)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total expense recognised in the income statement</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(526)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(33)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(559)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(554)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(469)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The above expense amounts are included as an employee cost within net operating costs. No amounts have been excluded from underlying earnings in 2022, 2021 or 2020. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The settlement loss in 2021 resulted from pension obligations in France being transferred to an external insurance company. A past service cost of US$1 million was recognised in 2020 in relation to the Lloyds Banking Group court judgment addressing the need to equalise historical transfer values in relation to Guaranteed Minimum Pensions. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Total amount recognised in other comprehensive income before tax</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Actuarial gains/(losses)</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,410 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">655 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,242)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Loss on application of asset ceiling</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Return on assets, net of interest on assets</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">371 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">768 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Re-measurement gains/(losses) on pension and post-retirement healthcare plans</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">578 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,026 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(474)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Amounts recognised in the balance sheet</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:1pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The following amounts were measured in accordance with IAS 19 at 31 December:</span><span style="color:#ff0090;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total fair value of plan assets</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligations – funded</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,226)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,226)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,462)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligations – unfunded</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(329)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(951)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,266)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligations – total</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,555)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11,177)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Effect of asset ceiling</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net surplus/(deficit) to be shown in the balance sheet</span></td><td colspan="2" style="border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(470)</span></td><td style="background-color:#f1f9fa;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Deficits</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(672)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,294)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,098)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Surpluses</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">824 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">824 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,070 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net surplus/(deficit) on pension plans</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unfunded post-retirement healthcare obligation</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The surplus amounts shown above are included in the balance sheet as “Receivables and other assets”. See note 17. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deficits are shown in the balance sheet within “Provisions (including post-retirement benefits)”. See note 26. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Funding policy and contributions to plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group reviews the funding position of its pension plans on a regular basis and considers whether to provide funding above the minimum level required in each country. In Canada and the US the minimum level is prescribed by legislation. In the UK and Switzerland the minimum level is negotiated with the local trustee in accordance with the funding guidance issued by the local regulators. In deciding whether to provide funding above the minimum level, we consider other possible uses of cash elsewhere, the local sponsoring entity’s tax situation and any strategic advantage we might obtain. The Group does not generally pre-fund post-retirement healthcare arrangements.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions to defined benefit plans</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">201 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions to defined contribution plans</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">361 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">363 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">311 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">261 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">532 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">574 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">775 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">462 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The level of surplus in the Rio Tinto Pension Fund in the UK is such that it may be used to pay for the employer contributions to the defined contribution section of that Fund, in accordance with the funding arrangements agreed with the Trustee of that Fund. Consequently, the cash paid to defined contribution plans is lower than the defined contribution service cost by US$4 million. Contributions to defined benefit pension plans are kept under regular review and actual contributions will be determined in line with the Group’s wider financing strategy, taking into account relevant minimum funding requirements. In 2021 additional cash of US$294 million was paid in order to settle pension obligations in France. This amount was paid to an external insurer, along with the transfer of existing pension assets in order to transfer the obligations to that insurer. As contributions to many plans are reviewed on at least an annual basis, the contributions for 2023 and subsequent years cannot be determined precisely in advance. Most of the Group’s largest pension funds are fully funded on their local funding basis and do not require long-term funding commitments at present. Contributions to defined benefit pension plans for 2023 are estimated to be around US$190 million but may be higher or lower than this depending on the evolution of financial markets and voluntary funding decisions taken by the Group. Contributions for subsequent years are expected to be at similar levels. Healthcare plans are generally unfunded and contributions for future years will be equal to benefit payments net of participant contributions. The Group’s contributions in 2023 are expected to be similar to the amounts paid in 2022.</span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">28     Post-retirement benefits</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Movements in the net defined benefit liability</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A summary of the movement in the net defined benefit liability is shown in the first table below. The subsequent tables provide a more detailed analysis of the movements in the present value of the obligations and the fair value of assets.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in the net defined benefit liability</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net defined benefit liability at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,273)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts recognised in income statement</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(161)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(31)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(239)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts recognised in other comprehensive income</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">397 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">181 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">578 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,026 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets transferred to defined contribution section</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate (losses)/gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(35)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net defined benefit surplus/(liability) at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(470)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in present value of obligation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligation at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,894)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(17,178)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current employer service costs</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(136)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(143)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(167)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Past service cost</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlements</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">380 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on obligation</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(346)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(24)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(370)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(328)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(22)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefits paid</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">743 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">783 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">837 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Experience (losses)/gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(177)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(170)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Changes in financial assumptions gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,390 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">173 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,563 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">521 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Changes in demographic assumptions gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">869 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">891 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">97 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligation at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,555)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11,177)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span style="color:#ff0090;font-family:'Times New Roman',sans-serif;font-size:3pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in plan assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value of plan assets at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,905 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlements</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(383)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on assets</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">334 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">334 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">276 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by employer</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefits paid</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(743)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(783)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(837)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-investment expenses</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Return on plan assets, net of interest on assets</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">371 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets transferred to defined contribution section</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate losses</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(926)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(926)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(99)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value of plan assets at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The impact of higher interest rates on bonds and qualifying insurance policies explains the return on plan assets, net of interest on assets in 2022. The settlement amounts shown above for 2021 relate to France, where assets and obligations for pensions in payment were transferred to an insurance company.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">T</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">he resulting effect of applying an asset ceiling is a loss of US$1 million during the year.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> In determining the extent to which the asset ceiling has an effect, the Group considers the funding legislation in each country and the rules specific to each pension plan. The calculation takes into account any minimum funding requirements that may be applicable to the plan, whether any reduction in future Group contributions is available, and whether a refund of surplus may be available. In considering whether any refund of surplus is available, the Group considers the powers of trustee boards and similar bodies to augment benefits or wind up a plan. Where such powers are unilateral, the Group does not consider a refund to be available at the end of the life of a plan. Where the plan rules and legislation both permit the employer to take a refund of surplus, the asset ceiling may have no effect, although it may be the case that a refund will only be available many years in the future. </span></div><div style="margin-bottom:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Main assumptions (rates per annum)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#f0f9fa;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key estimate - Estimation of obligations for post-employment costs</span></div><div style="margin-bottom:5pt"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The value of the Group’s obligations for post-employment benefits is dependent on the amount of benefits that are expected to be paid out, discounted to the balance sheet date. T</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">he most significant assumptions used in accounting for pension plans are:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The discount rate - used to determine the net present value of the obligations, the interest cost on the obligations and the interest income on plan assets. We use the yield from high-quality corporate bonds with maturities and terms that match those of the post-employment obligations as closely as possible. Where there is no developed corporate bond market in a currency, the rate on government bonds is used.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The long-term inflation rate - used to project increases in future benefit payments for those plans that have benefits linked to inflation. The assumption regarding future inflation is based on market yields on inflation linked instruments, where possible, combined with consensus views. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The mortality rates - used to project the period over which benefits will be paid, which is then discounted to arrive at the net present value of the obligations. The Group reviews the actual mortality rates of retirees in its major pension plans on a regular basis and uses these rates to set its current mortality assumptions. It also uses its judgment with respect to allowances for future improvements in longevity having regard to standard improvement scales in each relevant country and after taking external actuarial advice.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The weighted-average assumptions used for the valuation at year end are summarised below:</span></div></td><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">UK</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Switzerland</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rate of increase in pensions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.8 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rate of increase in pensions</span></div></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.8 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The long-term inflation assumption shown for the UK is for the Retail Price Index. The assumption for the Consumer Price Index at 31 December 2022 was 2.7% (2021: 2.7%). </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The main financial assumptions used for the healthcare plans, which are predominantly in the US and Canada, were: discount rate: 5.4% (2021: 3.1%); medical trend rate: 7.1% reducing to 4.8% by the year 2031 broadly on a straight line basis (2021: 6.3%, reducing to 4.7% by the year 2031); claims costs based on individual company experience. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For both the pension and healthcare arrangements, the post-retirement mortality assumptions allow for future improvements in longevity. The mortality tables used imply that a man aged 60 at the balance sheet date has a weighted average expected future lifetime of 27 years (2021: 27 years) and that a man aged 60 in 2041 would have a weighted average expected future lifetime of 28 years (2021: 28 years). The mortality tables are generally based upon the latest standard tables published in each country, adjusted appropriately to reflect the actual mortality experience of the plan participants where credible data is available. Adjustments have been made to some of our plans within the demographic assumptions for the impact of the Covid-19 pandemic based on the 2021 and 2020 experience. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Sensitivity </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The values reported for the defined benefit obligations are sensitive to the actuarial assumptions used for projecting future benefit payments and discounting those payments. In order to estimate the sensitivity of the obligations to changes in assumptions, we calculate what the obligations would be if we were to make changes to each of the key assumptions in isolation. The difference between this figure and the figure calculated using our stated assumptions is an indication of the sensitivity to reasonably possible changes in each assumption. The results of this sensitivity analysis are summarised in the table below. Note that this approach is valid for small changes in the assumptions but will be less accurate for larger changes in the assumptions. The sensitivity to inflation includes the impact on pension increases, which are generally linked to inflation where they are granted. </span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:22.252%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:38.298%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.214%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Approximate<br/>(increase)/decrease in obligations</span></td><td colspan="6" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Approximate<br/>(increase)/<br/>decrease in obligations</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Assumption</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Change in assumption</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>US$m</span></td></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Increase of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">483 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">854 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decrease of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(510)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(34)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(915)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(55)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Increase of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(174)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(393)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decrease of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">168 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">374 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr style="height:20pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Demographic – allowance for future improvements in longevity</span></td><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Participants assumed to have the mortality rates of individuals who are one year older</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">241 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">441 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:20pt"><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Participants assumed to have the mortality rates of individuals who are one year younger</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(241)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(441)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022 ifrs-full Description Of Accounting Policy For Financial Instruments Explanatory
DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory
<div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We classify our financial assets into those held at amortised cost and those to be measured at fair value either through the profit and loss (FVTPL) or through other comprehensive income (FVOCI) based on the business model for managing the financial assets and the contractual terms of the cash flows. </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Classification of financial asset</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortised cost</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value through profit and loss</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value through other comprehensive income</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Recognition and measurement</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At initial recognition, trade receivables that do not have a significant financing component are recognised at their transaction price. Other financial assets are initially recognised at fair value plus related transaction costs.</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The asset is initially recognised at fair value with transaction costs immediately expensed to the income statement. </span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The asset is initially recognised at fair value. </span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Subsequent measurement</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amortised cost using the effective interest method. </span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value movements are recognised in the income statement.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value gains or losses on revaluation of such equity investments, including any foreign exchange component, are recognised in other comprehensive income. Dividends are recognised in the income statement when the right to receive payment is established. </span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Derecognition</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Any gain or loss on de-recognition or modification of a financial asset held at amortised cost is recognised in the income statement.</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Not applicable.</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">When the equity investment is derecognised, there is no reclassification of fair value gains or losses previously recognised in other comprehensive income to the income statement.</span></td></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Borrowings and other financial liabilities (including trade payables but excluding derivative liabilities) are recognised initially at fair value, net of transaction costs incurred, and are subsequently measured at amortised cost. </span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">24     Financial instruments and risk management </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Financial risk management objectives</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our financial risk management objectives are:</span></div><div style="margin-bottom:3pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">to have in place a robust capital structure to manage the organisation through the commodity cycle; and </span></div><div style="margin-bottom:5pt;padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:1.7pt">to allow our financial exposures, mainly commodity price, foreign exchange and interest rates, to, in general, float with the market. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our Treasury and Commercial teams manage the following key economic risks generated from our operations:</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Capital and Liquidity risk </span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Credit risk</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Interest rate risk</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Commodity price risk</span></div><div style="margin-bottom:2pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Foreign exchange risk</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">These teams operate under a strong control environment, within approved limits.</span></div><div style="margin-bottom:4pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(i) Capital and liquidity risk</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our capital and liquidity risk arises from the possibility that we may not be able to settle or meet our obligations as they fall due. Refer to Our capital and liquidity section on page <a href="#id60088f3d09845439b06e898f5f65a18_94" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">190</a>.</span></div><div style="margin-bottom:2pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(ii) Credit risk</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Credit risk is the risk that our customers, or institutions that we invest in, are unable to meet their contractual obligations. We are exposed to credit risk in our operating activities (primarily from customer trade receivables); and from our investing activities that include government securities (primarily US Government), corporate and asset-backed securities, reverse re-purchase agreements, money market funds, and balances with banks and financial institutions. Refer to note 17 Receivables and other assets, note 22 Cash and cash equivalents and note 23 Other financial assets and liabilities for an understanding of the size of balance.</span></div><div style="margin-bottom:4pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(iii) Interest rate risk</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our interest rate management policy is generally to borrow and invest at floating interest rates. After the impact of hedging, 77% (2021: 85%) of our borrowings (including leases) were at floating rates. To understand how we manage interest rate risk refer to note 20.</span></div>
CY2022 ifrs-full Disclosure Of Financial Risk Management Explanatory
DisclosureOfFinancialRiskManagementExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We held the following notional aluminium forward sales contracts embedded in the power contracts: </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Within 1 year</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Between 1 and 5 years</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Between 5 and 10 years</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">After 10 years</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Notional amount (in tonnes)</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">501,498 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72,812 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">289,868 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">138,818 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Notional amount (in US$ millions)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,216 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">166 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">697 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">353 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Average hedged rate (in US$ per tonne)</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,425 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,282 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,404 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,542 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Between 1 <br/>and 5 years</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Between 5 <br/>and 10 years</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">After 10 years</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Notional amount (in tonnes)</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">573,653 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72,555 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">289,867 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211,231 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Notional amount (in US$ millions)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,377 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">162 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">683 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">532 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Average hedged rate (in US$ per tonne)</span></div></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,401 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,234 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,355 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,520 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022Q4 ifrs-full Nominal Amount Of Hedging Instrument
NominalAmountOfHedgingInstrument
501498 t
CY2022Q4 ifrs-full Notional Amount
NotionalAmount
1216000000 usd
CY2022Q4 ifrs-full Average Price Of Hedging Instrument
AveragePriceOfHedgingInstrument
2425 usdollarpertonne
CY2021Q4 ifrs-full Nominal Amount Of Hedging Instrument
NominalAmountOfHedgingInstrument
573653 t
CY2021Q4 ifrs-full Notional Amount
NotionalAmount
1377000000 usd
CY2021Q4 ifrs-full Average Price Of Hedging Instrument
AveragePriceOfHedgingInstrument
2401 usdollarpertonne
CY2022 ifrs-full Disclosure Of Detailed Information About Hedging Instruments Explanatory
DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory
<div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The impact on our financial statements of these hedging instruments and hedging items are:</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:28.985%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.642%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="9" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Aluminium embedded derivatives separated from the power contract</span></div><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(Hedging instrument)</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="15" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Highly probable forecast aluminium sales (Hedged item)</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying amount<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Change in fair value in the period<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Cash flow hedge reserve</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Change in fair value in<br/>the period<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total hedging losses recognised<br/>in reserves<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Hedge ineffective-ness in the period gains/(losses)</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(c)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Losses reclassified from reserves to income statement</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(d)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2022</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,216 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(189)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(119)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(87)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">133 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(110)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2021</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,377 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(124)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(201)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(211)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Aluminium embedded derivatives (forward contracts and options) are contained within certain aluminium smelter electricity purchase contracts. The carrying amount of US$189 million (2021: US$124 million) is shown within “Other financial assets and liabilities”. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">The difference between this amount and the total cash flow hedge reserve of the Group (shown in note 35) relates to our cash flow hedge on the sterling bond (refer to interest rate risk section). </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Hedge ineffectiveness is included in net operating costs (raw materials, consumables, repairs and maintenance) in the income statement. </span></div>(d)On realisation of the hedge, realised amounts are reclassified from reserves to consolidated sales revenue in the income statement.
CY2022Q4 ifrs-full Other Material Actuarial Assumptions
OtherMaterialActuarialAssumptions
0.027
CY2022Q4 ifrs-full Average Price Of Hedging Instrument
AveragePriceOfHedgingInstrument
2425 usdollarpertonne
CY2021Q4 ifrs-full Nominal Amount Of Hedging Instrument
NominalAmountOfHedgingInstrument
573653 t
CY2021Q4 ifrs-full Notional Amount
NotionalAmount
1377000000 usd
CY2021Q4 ifrs-full Average Price Of Hedging Instrument
AveragePriceOfHedgingInstrument
2401 usdollarpertonne
CY2022 ifrs-full Disclosure Of Detailed Information About Hedging Instruments Explanatory
DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory
<div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The impact on our financial statements of these hedging instruments and hedging items are:</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:28.985%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.642%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="9" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Aluminium embedded derivatives separated from the power contract</span></div><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(Hedging instrument)</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="15" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Highly probable forecast aluminium sales (Hedged item)</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Nominal<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying amount<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Change in fair value in the period<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Cash flow hedge reserve</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Change in fair value in<br/>the period<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total hedging losses recognised<br/>in reserves<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Hedge ineffective-ness in the period gains/(losses)</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(c)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Losses reclassified from reserves to income statement</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(d)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2022</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,216 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(189)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(119)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(87)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">133 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(110)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2021</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,377 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(124)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(201)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(211)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Aluminium embedded derivatives (forward contracts and options) are contained within certain aluminium smelter electricity purchase contracts. The carrying amount of US$189 million (2021: US$124 million) is shown within “Other financial assets and liabilities”. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">The difference between this amount and the total cash flow hedge reserve of the Group (shown in note 35) relates to our cash flow hedge on the sterling bond (refer to interest rate risk section). </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Hedge ineffectiveness is included in net operating costs (raw materials, consumables, repairs and maintenance) in the income statement. </span></div>(d)On realisation of the hedge, realised amounts are reclassified from reserves to consolidated sales revenue in the income statement.
CY2022 ifrs-full Disclosure Of Fair Value Of Financial Instruments Explanatory
DisclosureOfFairValueOfFinancialInstrumentsExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The table below shows the classifications of our financial instruments by valuation method in accordance with IFRS 13 at 31 December 2022 and 31 December 2021. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">All instruments shown as being held at fair value have been classified as fair value through the profit and loss unless specifically footnoted. </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:25.690%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:3.341%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.785%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">At 31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="9" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Held at fair value</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="9" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Held at fair value</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 1</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 2</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 3</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(c)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Held at </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amortised cost</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 1</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 2</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 3</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(c)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Held at </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amortised costs</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash and cash equivalents</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,775 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,725 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,050 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,807 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,138 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,669 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investments in equity shares and funds</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">222 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">147 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">75 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other investments, including loans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,275 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,018 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">229 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,682 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,422 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other financial receivables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,765 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,306 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,441 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,762 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,163 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,598 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forward, option and embedded derivatives contracts, not designated as hedges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">67 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">133 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">85 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Derivatives related to net debt</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(i)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">139 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">139 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Liabilities</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other financial payables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(j)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,485)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(30)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,455)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,356)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(67)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,289)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forward, option and embedded derivatives contracts, designated as hedges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(189)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(189)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(125)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(125)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forward, option and embedded derivatives contracts, not designated as hedges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(92)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(35)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(253)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(179)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(74)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Derivatives related to net debt</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(i)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(692)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(692)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(240)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(240)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div>Valuation is based on unadjusted quoted prices in active markets for identical financial instruments. <div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt"> Valuation is based on inputs that are observable for the financial instruments, which include quoted prices for similar instruments or identical instruments in markets which are not considered to be active, or inputs, either directly or indirectly based on observable market data</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Valuation is based on inputs that cannot be observed using market data (unobservable inputs). The change in valuation of our level 3 instruments for the year to 31 December 2022 is below:</span></div><div style="padding-left:14.17pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.203%"><tr><td style="width:1.0%"/><td style="width:80.932%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.883%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.885%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 3 financial assets and liabilities</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Opening balance</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">177 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">395 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency translation adjustments</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total realised gains/(losses) included in:</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– consolidated sales revenue</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">27 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– net operating costs</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">365 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(50)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total unrealised gains included in:</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– net operating costs</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">124 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total unrealised losses transferred into other comprehensive income through cash flow hedges</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(110)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(212)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions to financial assets/(liabilities)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">41 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals/maturity of financial instruments</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(478)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Closing balance</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">131 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">177 </span></td><td style="border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net gains included in the income statement for assets and liabilities held at year end</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">103 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Our "cash and cash equivalents" of US$6,775 million (31 December 2021:US$12,807 million), includes US$2,725 million (31 December 2021:US$4,138 million) relating to money market funds which are treated as fair value through profit or loss (FVPL) under IFRS 9 with the fair value movements going into finance income. </span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">Investments in equity shares and funds include US$153 million (31 December 2021: US$98 million) of equity shares, not held for trading, where we have irrevocably elected to present fair value gains and losses on revaluation in other comprehensive income (FVOCI). The election is made at an individual investment level.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">Other investments, including loans, covers: cash deposits in rehabilitation funds, government bonds, managed investment funds and royalty receivables.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Trade receivables include provisionally priced invoices. The related revenue is initially based on forward market selling prices for the quotation periods stipulated in the contracts with changes between the provisional price and the final price recorded separately within “Other revenue”. The selling price can be measured reliably for the Group's products, as it operates in active and freely traded commodity markets. At 31 December 2022, US$1,234 million (31 December 2021: US$1,114 million) of provisionally priced receivables were recognised. </span></div><div style="margin-bottom:5pt;margin-top:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(h)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.39pt">Level 3 derivatives consist of derivatives embedded in electricity purchase contracts linked to the LME, midwest premium and billet premium with terms expiring between 2025 and 2036 (31 December 2021: 2025 and 2036). </span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(i)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:9.37pt">Net debt derivatives include interest rate swaps and cross-currency swaps.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(j)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:9.27pt">Trade and other financial payables comprise trade payables, other financial payables, accruals and amounts due to equity accounted units within note 18.</span></div><div style="margin-bottom:4pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The following table shows the carrying amounts and fair values of our borrowings including those which are not carried at an amount which approximates their fair value at 31 December 2022 and 31 December 2021. The fair values of our remaining financial instruments approximate their carrying values because of their short maturity, or because they carry floating rates of interest.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="6" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31 December 2022</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying<br/>value<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Fair<br/>value<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying<br/>value<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Fair<br/>value<br/>US$m</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Borrowings (including overdrafts)</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,192 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,904 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div>
CY2022Q4 ifrs-full Cash And Cash Equivalents
CashAndCashEquivalents
6775000000 usd
CY2022Q4 rio Provisionally Priced Receivables
ProvisionallyPricedReceivables
1234000000 usd
CY2021Q4 rio Provisionally Priced Receivables
ProvisionallyPricedReceivables
1114000000 usd
CY2022 ifrs-full Disclosure Of Fair Value Of Financial Instruments Explanatory
DisclosureOfFairValueOfFinancialInstrumentsExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The table below shows the classifications of our financial instruments by valuation method in accordance with IFRS 13 at 31 December 2022 and 31 December 2021. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">All instruments shown as being held at fair value have been classified as fair value through the profit and loss unless specifically footnoted. </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:25.690%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:3.341%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.776%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.785%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">At 31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="9" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Held at fair value</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="9" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Held at fair value</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Note</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 1</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 2</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 3</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(c)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Held at </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amortised cost</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 1</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 2</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(b)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 3</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(c)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Held at </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">amortised costs</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash and cash equivalents</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,775 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,725 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,050 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,807 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,138 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,669 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investments in equity shares and funds</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">222 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">147 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">75 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">64 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other investments, including loans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,275 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,018 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">229 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,682 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,422 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">238 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other financial receivables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,765 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,306 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,441 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,762 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,163 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,598 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forward, option and embedded derivatives contracts, not designated as hedges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">67 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">133 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">85 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Derivatives related to net debt</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(i)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">139 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">139 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Liabilities</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other financial payables</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(j)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,485)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(30)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,455)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,356)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(67)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6,289)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forward, option and embedded derivatives contracts, designated as hedges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(189)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(189)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(125)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(125)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forward, option and embedded derivatives contracts, not designated as hedges</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(h)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(92)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(35)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(253)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(179)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(74)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Derivatives related to net debt</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(i)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(692)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(692)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(240)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(240)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div>Valuation is based on unadjusted quoted prices in active markets for identical financial instruments. <div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt"> Valuation is based on inputs that are observable for the financial instruments, which include quoted prices for similar instruments or identical instruments in markets which are not considered to be active, or inputs, either directly or indirectly based on observable market data</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Valuation is based on inputs that cannot be observed using market data (unobservable inputs). The change in valuation of our level 3 instruments for the year to 31 December 2022 is below:</span></div><div style="padding-left:14.17pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.203%"><tr><td style="width:1.0%"/><td style="width:80.932%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.883%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.885%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Level 3 financial assets and liabilities</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Opening balance</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">177 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">395 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency translation adjustments</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total realised gains/(losses) included in:</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– consolidated sales revenue</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">27 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– net operating costs</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">365 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(50)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total unrealised gains included in:</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– net operating costs</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">124 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total unrealised losses transferred into other comprehensive income through cash flow hedges</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(110)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(212)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Additions to financial assets/(liabilities)</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">41 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(21)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Disposals/maturity of financial instruments</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(478)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(18)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Closing balance</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">131 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">177 </span></td><td style="border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net gains included in the income statement for assets and liabilities held at year end</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">103 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Our "cash and cash equivalents" of US$6,775 million (31 December 2021:US$12,807 million), includes US$2,725 million (31 December 2021:US$4,138 million) relating to money market funds which are treated as fair value through profit or loss (FVPL) under IFRS 9 with the fair value movements going into finance income. </span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">Investments in equity shares and funds include US$153 million (31 December 2021: US$98 million) of equity shares, not held for trading, where we have irrevocably elected to present fair value gains and losses on revaluation in other comprehensive income (FVOCI). The election is made at an individual investment level.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">Other investments, including loans, covers: cash deposits in rehabilitation funds, government bonds, managed investment funds and royalty receivables.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Trade receivables include provisionally priced invoices. The related revenue is initially based on forward market selling prices for the quotation periods stipulated in the contracts with changes between the provisional price and the final price recorded separately within “Other revenue”. The selling price can be measured reliably for the Group's products, as it operates in active and freely traded commodity markets. At 31 December 2022, US$1,234 million (31 December 2021: US$1,114 million) of provisionally priced receivables were recognised. </span></div><div style="margin-bottom:5pt;margin-top:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(h)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.39pt">Level 3 derivatives consist of derivatives embedded in electricity purchase contracts linked to the LME, midwest premium and billet premium with terms expiring between 2025 and 2036 (31 December 2021: 2025 and 2036). </span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(i)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:9.37pt">Net debt derivatives include interest rate swaps and cross-currency swaps.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(j)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:9.27pt">Trade and other financial payables comprise trade payables, other financial payables, accruals and amounts due to equity accounted units within note 18.</span></div><div style="margin-bottom:4pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The following table shows the carrying amounts and fair values of our borrowings including those which are not carried at an amount which approximates their fair value at 31 December 2022 and 31 December 2021. The fair values of our remaining financial instruments approximate their carrying values because of their short maturity, or because they carry floating rates of interest.</span></div><div style="margin-bottom:5pt;margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="6" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31 December 2022</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">31 December 2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying<br/>value<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Fair<br/>value<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Carrying<br/>value<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Fair<br/>value<br/>US$m</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Borrowings (including overdrafts)</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,071 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,192 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,168 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,904 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div>
CY2022Q4 ifrs-full Cash And Cash Equivalents
CashAndCashEquivalents
6775000000 usd
CY2022Q4 rio Provisionally Priced Receivables
ProvisionallyPricedReceivables
1234000000 usd
CY2021Q4 rio Provisionally Priced Receivables
ProvisionallyPricedReceivables
1114000000 usd
CY2022 rio Expected Unconditional Guaranteed Royalty Payments To Be Received
ExpectedUnconditionalGuaranteedRoyaltyPaymentsToBeReceived
209000000 usd
CY2022 rio Expected Unconditional Guaranteed Royalty Payments To Be Received
ExpectedUnconditionalGuaranteedRoyaltyPaymentsToBeReceived
209000000 usd
CY2021 rio Expected Unconditional Guaranteed Royalty Payments To Be Received
ExpectedUnconditionalGuaranteedRoyaltyPaymentsToBeReceived
136000000 usd
CY2022 rio Percentage Of Change In Spot Price
PercentageOfChangeInSpotPrice
-0.15
CY2022 rio Percentage Of Change In Spot Price
PercentageOfChangeInSpotPrice
-0.15
CY2022 ifrs-full Disclosure Of Information About Employees Explanatory
DisclosureOfInformationAboutEmployeesExplanatory
<div style="margin-bottom:1pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">25     Average number of employees</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:41.306%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.504%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Subsidiaries and joint operations</span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Equity accounted units<br/>(Rio Tinto share)</span></td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Principal locations of employment:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia and New Zealand</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23,829</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,861</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20,482</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">704 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">648</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">634</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,344</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,270</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,814</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">UK</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">202</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">189</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">172</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Europe</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">994</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,003</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,020</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Africa</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,797</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,484</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,559</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,218 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,253</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,214</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,655</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,471</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,543</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mongolia</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,175</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,513</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,465</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">286</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">213</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">220</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,383 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,353 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,293 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">India</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">396</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">354</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">324</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Singapore</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">454</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">450</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">456</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other countries</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">289</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">283</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">278</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50,421 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46,091 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44,333 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,305 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,254 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,141 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt"> “Other countries” primarily includes employees in the Middle East (excluding Oman which is included in Africa), and other countries in Asia which are not shown separately in the table above.</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employee numbers, which represent the average for the year, include 100% of employees of subsidiary companies. Employee numbers for joint operations and equity accounted units are proportional to the Group’s interest under contractual agreements. Average employee numbers include a part-year effect for companies acquired or disposed of during the year.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Part-time employees are included on a full-time-equivalent basis. Temporary employees are included in employee numbers. </span></div>People employed by contractors are not included.
CY2022 ifrs-full Wages And Salaries
WagesAndSalaries
5115000000 usd
CY2021 ifrs-full Wages And Salaries
WagesAndSalaries
4699000000 usd
CY2021Q4 ifrs-full Other Material Actuarial Assumptions
OtherMaterialActuarialAssumptions
0.027
CY2021 rio Expected Unconditional Guaranteed Royalty Payments To Be Received
ExpectedUnconditionalGuaranteedRoyaltyPaymentsToBeReceived
136000000 usd
CY2022 rio Percentage Of Change In Spot Price
PercentageOfChangeInSpotPrice
-0.15
CY2022 ifrs-full Disclosure Of Information About Employees Explanatory
DisclosureOfInformationAboutEmployeesExplanatory
<div style="margin-bottom:1pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">25     Average number of employees</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:41.306%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.504%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Subsidiaries and joint operations</span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Equity accounted units<br/>(Rio Tinto share)</span></td><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Principal locations of employment:</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia and New Zealand</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23,829</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,861</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20,482</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">704 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">648</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">634</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,344</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,270</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,814</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">UK</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">202</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">189</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">172</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Europe</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">994</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,003</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,020</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Africa</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,797</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,484</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,559</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,218 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,253</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,214</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,655</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,471</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,543</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mongolia</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,175</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,513</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,465</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">South America</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">286</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">213</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">220</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,383 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,353 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,293 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">India</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">396</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">354</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">324</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Singapore</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">454</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">450</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">456</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other countries</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">289</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">283</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">278</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50,421 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46,091 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44,333 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,305 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,254 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,141 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt"> “Other countries” primarily includes employees in the Middle East (excluding Oman which is included in Africa), and other countries in Asia which are not shown separately in the table above.</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Employee numbers, which represent the average for the year, include 100% of employees of subsidiary companies. Employee numbers for joint operations and equity accounted units are proportional to the Group’s interest under contractual agreements. Average employee numbers include a part-year effect for companies acquired or disposed of during the year.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Part-time employees are included on a full-time-equivalent basis. Temporary employees are included in employee numbers. </span></div>People employed by contractors are not included.
CY2022 ifrs-full Wages And Salaries
WagesAndSalaries
5115000000 usd
CY2021 ifrs-full Wages And Salaries
WagesAndSalaries
4699000000 usd
CY2020 ifrs-full Wages And Salaries
WagesAndSalaries
4141000000 usd
CY2022 ifrs-full Social Security Contributions
SocialSecurityContributions
425000000 usd
CY2021 ifrs-full Social Security Contributions
SocialSecurityContributions
386000000 usd
CY2020 ifrs-full Social Security Contributions
SocialSecurityContributions
330000000 usd
CY2022 rio Postemployment Benefit Expense Defined Benefit And Contribution Plans
PostemploymentBenefitExpenseDefinedBenefitAndContributionPlans
559000000 usd
CY2021 rio Postemployment Benefit Expense Defined Benefit And Contribution Plans
PostemploymentBenefitExpenseDefinedBenefitAndContributionPlans
554000000 usd
CY2020 ifrs-full Wages And Salaries
WagesAndSalaries
4141000000 usd
CY2021 ifrs-full Social Security Contributions
SocialSecurityContributions
386000000 usd
CY2020 ifrs-full Social Security Contributions
SocialSecurityContributions
330000000 usd
CY2022 rio Postemployment Benefit Expense Defined Benefit And Contribution Plans
PostemploymentBenefitExpenseDefinedBenefitAndContributionPlans
559000000 usd
CY2021 rio Postemployment Benefit Expense Defined Benefit And Contribution Plans
PostemploymentBenefitExpenseDefinedBenefitAndContributionPlans
554000000 usd
CY2020 rio Postemployment Benefit Expense Defined Benefit And Contribution Plans
PostemploymentBenefitExpenseDefinedBenefitAndContributionPlans
469000000 usd
CY2022 ifrs-full Expense From Equitysettled Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
122000000 usd
CY2021 ifrs-full Expense From Equitysettled Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
126000000 usd
CY2020 ifrs-full Expense From Equitysettled Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
138000000 usd
CY2022 rio Employment Costs Before Utilisation Of Provisions
EmploymentCostsBeforeUtilisationOfProvisions
6221000000 usd
CY2021 rio Employment Costs Before Utilisation Of Provisions
EmploymentCostsBeforeUtilisationOfProvisions
5765000000 usd
CY2020 rio Employment Costs Before Utilisation Of Provisions
EmploymentCostsBeforeUtilisationOfProvisions
5078000000 usd
CY2022 rio Employee Benefits Charged Within Provisions
EmployeeBenefitsChargedWithinProvisions
219000000 usd
CY2021 rio Employee Benefits Charged Within Provisions
EmployeeBenefitsChargedWithinProvisions
252000000 usd
CY2020 rio Employee Benefits Charged Within Provisions
EmployeeBenefitsChargedWithinProvisions
308000000 usd
CY2022 ifrs-full Employee Benefits Expense
EmployeeBenefitsExpense
6002000000 usd
CY2020 rio Postemployment Benefit Expense Defined Benefit And Contribution Plans
PostemploymentBenefitExpenseDefinedBenefitAndContributionPlans
469000000 usd
CY2022 ifrs-full Expense From Equitysettled Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
122000000 usd
CY2021 ifrs-full Expense From Equitysettled Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
126000000 usd
CY2020 ifrs-full Expense From Equitysettled Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
138000000 usd
CY2022 rio Employment Costs Before Utilisation Of Provisions
EmploymentCostsBeforeUtilisationOfProvisions
6221000000 usd
CY2021 rio Employment Costs Before Utilisation Of Provisions
EmploymentCostsBeforeUtilisationOfProvisions
5765000000 usd
CY2020 rio Employment Costs Before Utilisation Of Provisions
EmploymentCostsBeforeUtilisationOfProvisions
5078000000 usd
CY2022 rio Employee Benefits Charged Within Provisions
EmployeeBenefitsChargedWithinProvisions
219000000 usd
CY2021 rio Employee Benefits Charged Within Provisions
EmployeeBenefitsChargedWithinProvisions
252000000 usd
CY2020 rio Employee Benefits Charged Within Provisions
EmployeeBenefitsChargedWithinProvisions
308000000 usd
CY2022 ifrs-full Employee Benefits Expense
EmployeeBenefitsExpense
6002000000 usd
CY2021 ifrs-full Employee Benefits Expense
EmployeeBenefitsExpense
5513000000 usd
CY2020 ifrs-full Employee Benefits Expense
EmployeeBenefitsExpense
4770000000 usd
CY2021Q4 ifrs-full Provisions
Provisions
2492000000 usd
CY2020Q4 ifrs-full Provisions
Provisions
3474000000 usd
CY2022 rio Adjustment On Currency Translation
AdjustmentOnCurrencyTranslation
-99000000 usd
CY2021 ifrs-full Employee Benefits Expense
EmployeeBenefitsExpense
5513000000 usd
CY2021Q4 ifrs-full Provisions
Provisions
2492000000 usd
CY2022 rio Adjustment On Currency Translation
AdjustmentOnCurrencyTranslation
-99000000 usd
CY2021 rio Adjustment On Currency Translation
AdjustmentOnCurrencyTranslation
-34000000 usd
CY2022 rio Increase In New And Existing Provisions
IncreaseInNewAndExistingProvisions
231000000 usd
CY2021 rio Increase In New And Existing Provisions
IncreaseInNewAndExistingProvisions
273000000 usd
CY2022 ifrs-full Unused Provision Reversed Other Provisions
UnusedProvisionReversedOtherProvisions
12000000 usd
CY2021 ifrs-full Unused Provision Reversed Other Provisions
UnusedProvisionReversedOtherProvisions
21000000 usd
CY2022 ifrs-full Provision Used Other Provisions
ProvisionUsedOtherProvisions
254000000 usd
CY2021 ifrs-full Provision Used Other Provisions
ProvisionUsedOtherProvisions
231000000 usd
CY2022 rio Actuarial Losses Gains Recognised In Equity
ActuarialLossesGainsRecognisedInEquity
-701000000 usd
CY2021 rio Actuarial Losses Gains Recognised In Equity
ActuarialLossesGainsRecognisedInEquity
-687000000 usd
CY2022 ifrs-full Increase Decrease Through Transfers And Other Changes Other Provisions
IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions
1000000 usd
CY2021 ifrs-full Increase Decrease Through Transfers And Other Changes Other Provisions
IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions
-282000000 usd
CY2022Q4 ifrs-full Provisions
Provisions
1658000000 usd
CY2021Q4 ifrs-full Provisions
Provisions
2492000000 usd
CY2021 rio Adjustment On Currency Translation
AdjustmentOnCurrencyTranslation
-34000000 usd
CY2022 rio Increase In New And Existing Provisions
IncreaseInNewAndExistingProvisions
231000000 usd
CY2021 rio Increase In New And Existing Provisions
IncreaseInNewAndExistingProvisions
273000000 usd
CY2022 ifrs-full Unused Provision Reversed Other Provisions
UnusedProvisionReversedOtherProvisions
12000000 usd
CY2021 ifrs-full Unused Provision Reversed Other Provisions
UnusedProvisionReversedOtherProvisions
21000000 usd
CY2022 ifrs-full Provision Used Other Provisions
ProvisionUsedOtherProvisions
254000000 usd
CY2021 ifrs-full Provision Used Other Provisions
ProvisionUsedOtherProvisions
231000000 usd
CY2022 rio Actuarial Losses Gains Recognised In Equity
ActuarialLossesGainsRecognisedInEquity
-701000000 usd
CY2021 rio Actuarial Losses Gains Recognised In Equity
ActuarialLossesGainsRecognisedInEquity
-687000000 usd
CY2022 ifrs-full Increase Decrease Through Transfers And Other Changes Other Provisions
IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions
1000000 usd
CY2021Q4 ifrs-full Provisions
Provisions
2492000000 usd
CY2022Q4 ifrs-full Current Provisions
CurrentProvisions
353000000 usd
CY2021Q4 ifrs-full Current Provisions
CurrentProvisions
383000000 usd
CY2022Q4 ifrs-full Noncurrent Provisions
NoncurrentProvisions
1305000000 usd
CY2021Q4 ifrs-full Noncurrent Provisions
NoncurrentProvisions
2109000000 usd
CY2022Q4 ifrs-full Provisions
Provisions
1658000000 usd
CY2021Q4 ifrs-full Current Provisions
CurrentProvisions
383000000 usd
CY2022Q4 ifrs-full Noncurrent Provisions
NoncurrentProvisions
1305000000 usd
CY2021Q4 ifrs-full Noncurrent Provisions
NoncurrentProvisions
2109000000 usd
CY2022Q4 ifrs-full Provisions
Provisions
1658000000 usd
CY2021Q4 ifrs-full Provisions
Provisions
2492000000 usd
CY2022 ifrs-full Disclosure Of Sharebased Payment Arrangements Explanatory
DisclosureOfSharebasedPaymentArrangementsExplanatory
<div style="margin-bottom:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">27     Share-based payments </span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Rio Tinto plc and Rio Tinto Limited share-based incentive plans are as follows:</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">UK Share Plan</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair values of Matching and Free Shares awards are the market value of the shares on the date of purchase. The awards are settled in equity.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Equity Incentive Plan</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Since 2018, all long-term incentive awards have been granted under the 2018 Equity Incentive Plan which allows for awards in the form of Performance Share Awards (PSA), Management Share Awards (MSA) and Bonus Deferral Awards (BDA) to be granted. In general, these awards will be settled in equity, including the dividends accumulated from date of award to vesting and therefore the awards are accounted for in accordance with the requirements applying to equity-settled share-based payment transactions.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Performance Share Awards (Performance Share Plans prior to 2018) </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Participants are generally assigned shares in settlement of their PSA on vesting. Therefore the awards are accounted for in accordance with the requirements applying to equity-settled share-based payment transactions, including the dividends accumulated from date of award to vesting. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For the parts of awards with Total Shareholder Return (TSR) performance conditions, the fair value of the awards is calculated using a Monte Carlo simulation model taking into account the TSR performance conditions. One-third of the awards granted up to 2017 (inclusive) are subject to an earnings margin performance target relative to ten global mining comparators. As a non-market related performance condition, the fair value recognised is reviewed at each accounting date based on the prevailing expected outcome. Forfeitures prior to vesting are assumed at 5% per annum of outstanding awards (2021: 5% per annum). </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For grants made from 2018, the earnings margin performance target applying to the PSA was removed. Since 2018, only the TSR performance conditions apply to the PSA.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Management Share Awards </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The vesting of these awards is dependent on service conditions being met; no performance conditions apply. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of each award on the day of grant is equal to the share price on the day of grant. Forfeitures prior to vesting are assumed at 7% per annum of outstanding awards (2021: 7% per annum).</span></div><div style="margin-bottom:2pt"><span><br/></span></div></div><div style="display:inline-block;max-width:2.704%;min-width:1.704%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.649%"><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Bonus Deferral Awards </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BDAs provide for the mandatory deferral of 50% of the bonuses for executive directors and Executive Committee members . </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The vesting of these awards is dependent only on service conditions being met. The fair value of each award on the day of grant is equal to the share price on the day of grant. Forfeitures prior to vesting are assumed at 3% per annum of outstanding awards (2021: 3% per annum). </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Global Employee Share Plans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Global Employee Share Plans were introduced in 2012 and re-approved by shareholders in 2021. Under these Plans, the companies provide a matching share award for each investment share purchased by a participant. The vesting of matching awards is dependent on service conditions being met and the continued holding of investment shares by the participant until vesting. These awards are settled in equity including the dividends accumulated from date of award to vesting. The fair value of each matching share on the day of grant is equal to the share price on the date of purchase less a deduction of 15% for estimated cancellations (caused by employees withdrawing their investment shares prior to vesting. Forfeitures prior to vesting are assumed at 5% per annum of outstanding awards (2021: 5% per annum).</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The PSA, MSA, BDA and awards under the Global Employee Share Plans and UK Share Plan together represent 100% (2021: 100%) of the total IFRS 2 charge for Rio Tinto plc and Rio Tinto Limited plans in 2022. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">These plans are accounted for in accordance with the fair value recognition provisions of IFRS 2 “Share-based Payment”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of the Group’s share plans is recognised as an expense over the expected vesting period with an offset to retained earnings for Rio Tinto plc plans and to other reserves for Rio Tinto Limited plans. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group uses fair values provided by independent actuaries calculated using a Monte Carlo simulation model. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The terms of each plan are considered at the balance sheet date to determine whether the plan should be accounted for as equity-settled or cash-settled. The Group does not operate any material plans as cash-settled although certain awards can be settled in cash at the discretion of the directors or where settling awards in equity is challenging or prohibited by local laws and regulations. The value of these awards is immaterial. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group’s equity-settled share plans are settled either by: the issuance of shares by the relevant parent company; the purchase of shares on market; or the use of shares held in treasury. If the cost of shares acquired to satisfy the plans differs from the expense charged, the difference is taken to retained earnings or other reserves, as appropriate. </span></div></div></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The charge that has been recognised in the income statement for Rio Tinto’s share-based incentive plans, and the related liability (for cash-settled awards), is set out in the table below.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Charge recognised for the year</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Liability at the end of the year</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equity-settled awards</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">131 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash-settled awards</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">126 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">138 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">Performance Share Awards (granted under either the Performance Share Plans or the Equity Incentive Plans)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:31.278%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto plc awards</span></td><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;margin-top:5pt;text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto Limited awards</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2022<br/>£</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2021<br/>£</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2022<br/>A$</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2021<br/>A$</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unvested awards at 1 January</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,376,072 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.26 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,778,041 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21.01 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,276,694 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.46 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,391,373 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44.40 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Awarded</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518,950 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25.60 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">676,296 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29.63 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">256,508 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.21 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">217,178 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.67 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forfeited</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9,973)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31.68 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(474,878)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.85 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(38,733)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.09 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(59,291)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46.42 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Failed performance conditions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(326,522)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32.83 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(189,799)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19.43 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(149,788)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">61.40 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(89,448)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44.07 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(655,078)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.49 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(413,588)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(304,441)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">38.68 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(183,118)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.96 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unvested awards at 31 December</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,903,449 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.36 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,376,072 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.26 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,040,240 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">52.51 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,276,694 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.46 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:31.278%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto plc awards</span></td><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;margin-top:5pt;text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto Limited awards</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2022<br/>£</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2021<br/>£</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2022<br/>A$</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2021<br/>A$</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested awards settled in shares during the year (including dividend shares applied on vesting)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">632,533 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.96 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">431,682 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62.63 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">247,216 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">115.25 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">184,876 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">127.37 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested awards settled in cash during the year (including dividend shares applied on vesting)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">230,006 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.67 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,144 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62.35 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">140,479 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">115.35 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29,737 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">127.5 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In addition to the equity-settled awards shown above, there were 26,394 Rio Tinto plc and 23,917 Rio Tinto Limited cash-settled awards outstanding at 31 December 2022 (2021: 20,548 Rio Tinto plc and 27,476 Rio Tinto Limited cash-settled awards outstanding). The total liability for these awards at 31 December 2022 was US$2 million (2021: US$2 million).</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Management Share Awards, Bonus Deferral Awards (granted under the Management Share Plans or Equity Incentive Plans), Global Employee Share Plans and UK Share Plan (combined)</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:31.278%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto plc awards</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:700;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div></td><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto Limited awards</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2022<br/>£</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2021<br/>£</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2022<br/>A$</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2021<br/>A$</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unvested awards at 1 January</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,493,826 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43.55 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,650,861 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">37.50 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,164,568 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">92.31 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,216,734 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">82.52 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Awarded</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,187,887 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.37 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">987,665 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">52.07 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,068,556 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">95.69 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">887,022 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">105.47 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forfeited</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(146,816)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">56.66 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202,248)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23.84 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(155,631)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">96.46 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(130,990)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">90.01 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cancelled</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(65,267)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44.99 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(42,812)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45.09 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(46,300)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.44 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(46,624)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">87.08 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(883,951)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">39.69 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(899,640)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">39.44 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(690,488)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.96 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(761,574)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79.86 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unvested awards at 31 December</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,585,679 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47.22 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,493,826 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43.55 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,340,705 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">95.27 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,164,568 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">92.31 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Management Share Awards</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,220,559 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48.82 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,241,695 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43.63 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,150,641 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">103.00 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,178,538 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">95.70 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Bonus Deferral Awards</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">139,782 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55.96 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">158,572 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42.31 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60,862 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">113.13 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46,660 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">96.08 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Global Employee Share Plan</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,191,738 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44.51 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,060,394 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43.49 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,129,202 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.43 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">939,370 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">87.86 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– UK Share Plan</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,600 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">49.05 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,165 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47.94 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">27     Share-based payments</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:31.278%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2022<br/>£</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2021<br/>£</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2022<br/>A$</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2021<br/>A$</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested awards settled in shares during the year (including dividend shares applied on vesting):</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Management Share Awards</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">529,054 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.59 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">547,487 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.74 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">486,587 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">113.18 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">550,161 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122.89 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Bonus Deferral Awards</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">136,317 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55.11 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100,368 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47.96 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32,080 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107.78 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34,279 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">105.55 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Global Employee Share Plan</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">478,204 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.52 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">407,314 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.61 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">337,782 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">104.82 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">312,109 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">112.33 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– UK Share Plan</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,176 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55.20 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20,111 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">57.15 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested awards settled in cash during the year (including dividend shares applied on vesting):</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Bonus Deferral Awards</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23,611 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55.98 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23,371 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46.12 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,699 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">113.23 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19,607 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">93.5 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Awards of Rio Tinto American Depositary Receipts (ADRs) under the Global Employee Share Plan are included within the totals for Rio Tinto plc awards for the purpose of these tables. </span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">These numbers are presented and calculated in accordance with IFRS 2 and represent awards for which an IFRS 2 charge continues to be accrued for.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In addition to the equity-settled awards shown above, there were 90,748 Rio Tinto plc and 9,685 Rio Tinto Limited cash-settled awards outstanding at 31 December 2022 (2021: 89,239 Rio Tinto plc and 12,217 Rio Tinto Limited cash-settled awards outstanding). The total liability for these awards at 31 December 2022 was US$5 million (2021: US$4 million).</span></div>
CY2022 ifrs-full Description Of Accounting Policy For Sharebased Payment Transactions Explanatory
DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Rio Tinto plc and Rio Tinto Limited share-based incentive plans are as follows:</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">UK Share Plan</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair values of Matching and Free Shares awards are the market value of the shares on the date of purchase. The awards are settled in equity.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Equity Incentive Plan</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Since 2018, all long-term incentive awards have been granted under the 2018 Equity Incentive Plan which allows for awards in the form of Performance Share Awards (PSA), Management Share Awards (MSA) and Bonus Deferral Awards (BDA) to be granted. In general, these awards will be settled in equity, including the dividends accumulated from date of award to vesting and therefore the awards are accounted for in accordance with the requirements applying to equity-settled share-based payment transactions.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Performance Share Awards (Performance Share Plans prior to 2018) </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Participants are generally assigned shares in settlement of their PSA on vesting. Therefore the awards are accounted for in accordance with the requirements applying to equity-settled share-based payment transactions, including the dividends accumulated from date of award to vesting. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For the parts of awards with Total Shareholder Return (TSR) performance conditions, the fair value of the awards is calculated using a Monte Carlo simulation model taking into account the TSR performance conditions. One-third of the awards granted up to 2017 (inclusive) are subject to an earnings margin performance target relative to ten global mining comparators. As a non-market related performance condition, the fair value recognised is reviewed at each accounting date based on the prevailing expected outcome. Forfeitures prior to vesting are assumed at 5% per annum of outstanding awards (2021: 5% per annum). </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For grants made from 2018, the earnings margin performance target applying to the PSA was removed. Since 2018, only the TSR performance conditions apply to the PSA.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Management Share Awards </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The vesting of these awards is dependent on service conditions being met; no performance conditions apply. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of each award on the day of grant is equal to the share price on the day of grant. Forfeitures prior to vesting are assumed at 7% per annum of outstanding awards (2021: 7% per annum).</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Bonus Deferral Awards </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BDAs provide for the mandatory deferral of 50% of the bonuses for executive directors and Executive Committee members . </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The vesting of these awards is dependent only on service conditions being met. The fair value of each award on the day of grant is equal to the share price on the day of grant. Forfeitures prior to vesting are assumed at 3% per annum of outstanding awards (2021: 3% per annum). </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Global Employee Share Plans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Global Employee Share Plans were introduced in 2012 and re-approved by shareholders in 2021. Under these Plans, the companies provide a matching share award for each investment share purchased by a participant. The vesting of matching awards is dependent on service conditions being met and the continued holding of investment shares by the participant until vesting. These awards are settled in equity including the dividends accumulated from date of award to vesting. The fair value of each matching share on the day of grant is equal to the share price on the date of purchase less a deduction of 15% for estimated cancellations (caused by employees withdrawing their investment shares prior to vesting. Forfeitures prior to vesting are assumed at 5% per annum of outstanding awards (2021: 5% per annum).</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The PSA, MSA, BDA and awards under the Global Employee Share Plans and UK Share Plan together represent 100% (2021: 100%) of the total IFRS 2 charge for Rio Tinto plc and Rio Tinto Limited plans in 2022. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">These plans are accounted for in accordance with the fair value recognition provisions of IFRS 2 “Share-based Payment”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of the Group’s share plans is recognised as an expense over the expected vesting period with an offset to retained earnings for Rio Tinto plc plans and to other reserves for Rio Tinto Limited plans. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group uses fair values provided by independent actuaries calculated using a Monte Carlo simulation model. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The terms of each plan are considered at the balance sheet date to determine whether the plan should be accounted for as equity-settled or cash-settled. The Group does not operate any material plans as cash-settled although certain awards can be settled in cash at the discretion of the directors or where settling awards in equity is challenging or prohibited by local laws and regulations. The value of these awards is immaterial. </span></div>The Group’s equity-settled share plans are settled either by: the issuance of shares by the relevant parent company; the purchase of shares on market; or the use of shares held in treasury. If the cost of shares acquired to satisfy the plans differs from the expense charged, the difference is taken to retained earnings or other reserves, as appropriate.
CY2022 rio Percentage Of Cancellations Employees Electing To Withdraw Their Investment Shares Before Vesting
PercentageOfCancellationsEmployeesElectingToWithdrawTheirInvestmentSharesBeforeVesting
0.15
CY2022 ifrs-full Explanation Of Effect Of Sharebased Payments On Profit Or Loss
ExplanationOfEffectOfSharebasedPaymentsOnProfitOrLoss
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The charge that has been recognised in the income statement for Rio Tinto’s share-based incentive plans, and the related liability (for cash-settled awards), is set out in the table below.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Charge recognised for the year</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Liability at the end of the year</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equity-settled awards</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">131 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash-settled awards</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">126 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">138 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022 ifrs-full Expense From Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
122000000 usd
CY2021 ifrs-full Expense From Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
126000000 usd
CY2020 ifrs-full Expense From Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
138000000 usd
CY2022Q4 ifrs-full Liabilities From Sharebased Payment Transactions2011
LiabilitiesFromSharebasedPaymentTransactions2011
7000000 usd
CY2021Q4 ifrs-full Liabilities From Sharebased Payment Transactions2011
LiabilitiesFromSharebasedPaymentTransactions2011
6000000 usd
CY2021Q4 ifrs-full Provisions
Provisions
2492000000 usd
CY2022 ifrs-full Disclosure Of Sharebased Payment Arrangements Explanatory
DisclosureOfSharebasedPaymentArrangementsExplanatory
<div style="margin-bottom:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">27     Share-based payments </span></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:48.647%"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Rio Tinto plc and Rio Tinto Limited share-based incentive plans are as follows:</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">UK Share Plan</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair values of Matching and Free Shares awards are the market value of the shares on the date of purchase. The awards are settled in equity.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Equity Incentive Plan</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Since 2018, all long-term incentive awards have been granted under the 2018 Equity Incentive Plan which allows for awards in the form of Performance Share Awards (PSA), Management Share Awards (MSA) and Bonus Deferral Awards (BDA) to be granted. In general, these awards will be settled in equity, including the dividends accumulated from date of award to vesting and therefore the awards are accounted for in accordance with the requirements applying to equity-settled share-based payment transactions.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Performance Share Awards (Performance Share Plans prior to 2018) </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Participants are generally assigned shares in settlement of their PSA on vesting. Therefore the awards are accounted for in accordance with the requirements applying to equity-settled share-based payment transactions, including the dividends accumulated from date of award to vesting. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For the parts of awards with Total Shareholder Return (TSR) performance conditions, the fair value of the awards is calculated using a Monte Carlo simulation model taking into account the TSR performance conditions. One-third of the awards granted up to 2017 (inclusive) are subject to an earnings margin performance target relative to ten global mining comparators. As a non-market related performance condition, the fair value recognised is reviewed at each accounting date based on the prevailing expected outcome. Forfeitures prior to vesting are assumed at 5% per annum of outstanding awards (2021: 5% per annum). </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For grants made from 2018, the earnings margin performance target applying to the PSA was removed. Since 2018, only the TSR performance conditions apply to the PSA.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Management Share Awards </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The vesting of these awards is dependent on service conditions being met; no performance conditions apply. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of each award on the day of grant is equal to the share price on the day of grant. Forfeitures prior to vesting are assumed at 7% per annum of outstanding awards (2021: 7% per annum).</span></div><div style="margin-bottom:2pt"><span><br/></span></div></div><div style="display:inline-block;max-width:2.704%;min-width:1.704%;vertical-align:top"/><div style="display:inline-block;vertical-align:top;width:48.649%"><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Bonus Deferral Awards </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BDAs provide for the mandatory deferral of 50% of the bonuses for executive directors and Executive Committee members . </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The vesting of these awards is dependent only on service conditions being met. The fair value of each award on the day of grant is equal to the share price on the day of grant. Forfeitures prior to vesting are assumed at 3% per annum of outstanding awards (2021: 3% per annum). </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Global Employee Share Plans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Global Employee Share Plans were introduced in 2012 and re-approved by shareholders in 2021. Under these Plans, the companies provide a matching share award for each investment share purchased by a participant. The vesting of matching awards is dependent on service conditions being met and the continued holding of investment shares by the participant until vesting. These awards are settled in equity including the dividends accumulated from date of award to vesting. The fair value of each matching share on the day of grant is equal to the share price on the date of purchase less a deduction of 15% for estimated cancellations (caused by employees withdrawing their investment shares prior to vesting. Forfeitures prior to vesting are assumed at 5% per annum of outstanding awards (2021: 5% per annum).</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The PSA, MSA, BDA and awards under the Global Employee Share Plans and UK Share Plan together represent 100% (2021: 100%) of the total IFRS 2 charge for Rio Tinto plc and Rio Tinto Limited plans in 2022. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">These plans are accounted for in accordance with the fair value recognition provisions of IFRS 2 “Share-based Payment”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of the Group’s share plans is recognised as an expense over the expected vesting period with an offset to retained earnings for Rio Tinto plc plans and to other reserves for Rio Tinto Limited plans. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group uses fair values provided by independent actuaries calculated using a Monte Carlo simulation model. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The terms of each plan are considered at the balance sheet date to determine whether the plan should be accounted for as equity-settled or cash-settled. The Group does not operate any material plans as cash-settled although certain awards can be settled in cash at the discretion of the directors or where settling awards in equity is challenging or prohibited by local laws and regulations. The value of these awards is immaterial. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group’s equity-settled share plans are settled either by: the issuance of shares by the relevant parent company; the purchase of shares on market; or the use of shares held in treasury. If the cost of shares acquired to satisfy the plans differs from the expense charged, the difference is taken to retained earnings or other reserves, as appropriate. </span></div></div></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The charge that has been recognised in the income statement for Rio Tinto’s share-based incentive plans, and the related liability (for cash-settled awards), is set out in the table below.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Charge recognised for the year</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Liability at the end of the year</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equity-settled awards</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">131 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash-settled awards</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">126 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">138 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">Performance Share Awards (granted under either the Performance Share Plans or the Equity Incentive Plans)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:31.278%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto plc awards</span></td><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;margin-top:5pt;text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto Limited awards</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2022<br/>£</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2021<br/>£</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2022<br/>A$</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2021<br/>A$</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unvested awards at 1 January</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,376,072 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.26 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,778,041 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21.01 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,276,694 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.46 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,391,373 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44.40 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Awarded</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">518,950 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25.60 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">676,296 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29.63 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">256,508 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.21 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">217,178 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.67 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forfeited</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9,973)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31.68 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(474,878)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.85 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(38,733)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.09 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(59,291)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46.42 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Failed performance conditions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(326,522)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32.83 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(189,799)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19.43 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(149,788)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">61.40 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(89,448)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44.07 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(655,078)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.49 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(413,588)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(304,441)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">38.68 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(183,118)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.96 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unvested awards at 31 December</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,903,449 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.36 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,376,072 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.26 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,040,240 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">52.51 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,276,694 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.46 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:31.278%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto plc awards</span></td><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;margin-top:5pt;text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto Limited awards</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2022<br/>£</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2021<br/>£</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2022<br/>A$</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2021<br/>A$</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested awards settled in shares during the year (including dividend shares applied on vesting)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">632,533 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.96 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">431,682 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62.63 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">247,216 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">115.25 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">184,876 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">127.37 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested awards settled in cash during the year (including dividend shares applied on vesting)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">230,006 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.67 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">63,144 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">62.35 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">140,479 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">115.35 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29,737 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">127.5 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In addition to the equity-settled awards shown above, there were 26,394 Rio Tinto plc and 23,917 Rio Tinto Limited cash-settled awards outstanding at 31 December 2022 (2021: 20,548 Rio Tinto plc and 27,476 Rio Tinto Limited cash-settled awards outstanding). The total liability for these awards at 31 December 2022 was US$2 million (2021: US$2 million).</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Management Share Awards, Bonus Deferral Awards (granted under the Management Share Plans or Equity Incentive Plans), Global Employee Share Plans and UK Share Plan (combined)</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:31.278%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto plc awards</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:700;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(a)</span></div></td><td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Rio Tinto Limited awards</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2022<br/>£</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2021<br/>£</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2022<br/>A$</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average fair<br/>value at grant<br/>date<br/>2021<br/>A$</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unvested awards at 1 January</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,493,826 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43.55 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,650,861 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">37.50 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,164,568 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">92.31 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,216,734 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">82.52 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Awarded</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,187,887 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.37 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">987,665 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">52.07 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,068,556 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">95.69 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">887,022 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">105.47 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Forfeited</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(146,816)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">56.66 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(202,248)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23.84 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(155,631)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">96.46 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(130,990)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">90.01 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cancelled</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(65,267)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44.99 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(42,812)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45.09 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(46,300)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.44 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(46,624)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">87.08 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(883,951)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">39.69 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(899,640)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">39.44 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(690,488)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.96 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(761,574)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79.86 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unvested awards at 31 December</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,585,679 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47.22 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,493,826 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43.55 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,340,705 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">95.27 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,164,568 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">92.31 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Management Share Awards</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,220,559 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48.82 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,241,695 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43.63 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,150,641 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">103.00 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,178,538 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">95.70 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Bonus Deferral Awards</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">139,782 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55.96 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">158,572 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42.31 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60,862 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">113.13 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46,660 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">96.08 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Global Employee Share Plan</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,191,738 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">44.51 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,060,394 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">43.49 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,129,202 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.43 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">939,370 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">87.86 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– UK Share Plan</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,600 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">49.05 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">33,165 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47.94 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">27     Share-based payments</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:31.278%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.352%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2022<br/>£</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2021<br/>£</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022<br/>number</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2022<br/>A$</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>number</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Weighted<br/>average share price at vesting<br/>2021<br/>A$</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.08pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested awards settled in shares during the year (including dividend shares applied on vesting):</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Management Share Awards</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">529,054 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.59 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">547,487 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.74 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">486,587 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">113.18 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">550,161 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122.89 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Bonus Deferral Awards</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">136,317 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55.11 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100,368 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47.96 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32,080 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">107.78 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34,279 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">105.55 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Global Employee Share Plan</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">478,204 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.52 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">407,314 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">54.61 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">337,782 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">104.82 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">312,109 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">112.33 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– UK Share Plan</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,176 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55.20 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20,111 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">57.15 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Vested awards settled in cash during the year (including dividend shares applied on vesting):</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Bonus Deferral Awards</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23,611 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55.98 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23,371 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46.12 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,699 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">113.23 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19,607 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">93.5 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Awards of Rio Tinto American Depositary Receipts (ADRs) under the Global Employee Share Plan are included within the totals for Rio Tinto plc awards for the purpose of these tables. </span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">These numbers are presented and calculated in accordance with IFRS 2 and represent awards for which an IFRS 2 charge continues to be accrued for.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In addition to the equity-settled awards shown above, there were 90,748 Rio Tinto plc and 9,685 Rio Tinto Limited cash-settled awards outstanding at 31 December 2022 (2021: 89,239 Rio Tinto plc and 12,217 Rio Tinto Limited cash-settled awards outstanding). The total liability for these awards at 31 December 2022 was US$5 million (2021: US$4 million).</span></div>
CY2022 ifrs-full Description Of Accounting Policy For Sharebased Payment Transactions Explanatory
DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Rio Tinto plc and Rio Tinto Limited share-based incentive plans are as follows:</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">UK Share Plan</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair values of Matching and Free Shares awards are the market value of the shares on the date of purchase. The awards are settled in equity.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Equity Incentive Plan</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Since 2018, all long-term incentive awards have been granted under the 2018 Equity Incentive Plan which allows for awards in the form of Performance Share Awards (PSA), Management Share Awards (MSA) and Bonus Deferral Awards (BDA) to be granted. In general, these awards will be settled in equity, including the dividends accumulated from date of award to vesting and therefore the awards are accounted for in accordance with the requirements applying to equity-settled share-based payment transactions.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Performance Share Awards (Performance Share Plans prior to 2018) </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Participants are generally assigned shares in settlement of their PSA on vesting. Therefore the awards are accounted for in accordance with the requirements applying to equity-settled share-based payment transactions, including the dividends accumulated from date of award to vesting. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For the parts of awards with Total Shareholder Return (TSR) performance conditions, the fair value of the awards is calculated using a Monte Carlo simulation model taking into account the TSR performance conditions. One-third of the awards granted up to 2017 (inclusive) are subject to an earnings margin performance target relative to ten global mining comparators. As a non-market related performance condition, the fair value recognised is reviewed at each accounting date based on the prevailing expected outcome. Forfeitures prior to vesting are assumed at 5% per annum of outstanding awards (2021: 5% per annum). </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For grants made from 2018, the earnings margin performance target applying to the PSA was removed. Since 2018, only the TSR performance conditions apply to the PSA.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Management Share Awards </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The vesting of these awards is dependent on service conditions being met; no performance conditions apply. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of each award on the day of grant is equal to the share price on the day of grant. Forfeitures prior to vesting are assumed at 7% per annum of outstanding awards (2021: 7% per annum).</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Bonus Deferral Awards </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">BDAs provide for the mandatory deferral of 50% of the bonuses for executive directors and Executive Committee members . </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The vesting of these awards is dependent only on service conditions being met. The fair value of each award on the day of grant is equal to the share price on the day of grant. Forfeitures prior to vesting are assumed at 3% per annum of outstanding awards (2021: 3% per annum). </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Global Employee Share Plans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Global Employee Share Plans were introduced in 2012 and re-approved by shareholders in 2021. Under these Plans, the companies provide a matching share award for each investment share purchased by a participant. The vesting of matching awards is dependent on service conditions being met and the continued holding of investment shares by the participant until vesting. These awards are settled in equity including the dividends accumulated from date of award to vesting. The fair value of each matching share on the day of grant is equal to the share price on the date of purchase less a deduction of 15% for estimated cancellations (caused by employees withdrawing their investment shares prior to vesting. Forfeitures prior to vesting are assumed at 5% per annum of outstanding awards (2021: 5% per annum).</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The PSA, MSA, BDA and awards under the Global Employee Share Plans and UK Share Plan together represent 100% (2021: 100%) of the total IFRS 2 charge for Rio Tinto plc and Rio Tinto Limited plans in 2022. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">These plans are accounted for in accordance with the fair value recognition provisions of IFRS 2 “Share-based Payment”. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The fair value of the Group’s share plans is recognised as an expense over the expected vesting period with an offset to retained earnings for Rio Tinto plc plans and to other reserves for Rio Tinto Limited plans. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group uses fair values provided by independent actuaries calculated using a Monte Carlo simulation model. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The terms of each plan are considered at the balance sheet date to determine whether the plan should be accounted for as equity-settled or cash-settled. The Group does not operate any material plans as cash-settled although certain awards can be settled in cash at the discretion of the directors or where settling awards in equity is challenging or prohibited by local laws and regulations. The value of these awards is immaterial. </span></div>The Group’s equity-settled share plans are settled either by: the issuance of shares by the relevant parent company; the purchase of shares on market; or the use of shares held in treasury. If the cost of shares acquired to satisfy the plans differs from the expense charged, the difference is taken to retained earnings or other reserves, as appropriate.
CY2022 rio Percentage Of Cancellations Employees Electing To Withdraw Their Investment Shares Before Vesting
PercentageOfCancellationsEmployeesElectingToWithdrawTheirInvestmentSharesBeforeVesting
0.15
CY2022 ifrs-full Explanation Of Effect Of Sharebased Payments On Profit Or Loss
ExplanationOfEffectOfSharebasedPaymentsOnProfitOrLoss
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The charge that has been recognised in the income statement for Rio Tinto’s share-based incentive plans, and the related liability (for cash-settled awards), is set out in the table below.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Charge recognised for the year</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Liability at the end of the year</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equity-settled awards</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">117 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">131 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash-settled awards</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">122 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">126 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">138 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022 ifrs-full Expense From Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
122000000 usd
CY2021 ifrs-full Expense From Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
126000000 usd
CY2020 ifrs-full Expense From Sharebased Payment Transactions In Which Goods Or Services Received Did Not Qualify For Recognition As Assets
ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
138000000 usd
CY2022Q4 ifrs-full Liabilities From Sharebased Payment Transactions2011
LiabilitiesFromSharebasedPaymentTransactions2011
7000000 usd
CY2021Q4 ifrs-full Liabilities From Sharebased Payment Transactions2011
LiabilitiesFromSharebasedPaymentTransactions2011
6000000 usd
CY2022 ifrs-full Disclosure Of Employee Benefits Explanatory
DisclosureOfEmployeeBenefitsExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">28     Post-retirement benefits </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Description of plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group operates a number of pension and post-retirement healthcare plans which provide lump sums, pensions, medical benefits and life insurance to retirees. Some of these plans are defined contribution and some are defined benefit, with assets held in separate trusts, foundations and similar entities. </span></div><div style="margin-bottom:4pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit pension and post-retirement healthcare plans expose the Group to a number of risks: </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:19.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:78.127%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uncertainty in benefit payments</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The value of the Group’s liabilities for post-retirement benefits will ultimately depend on the amount of benefits paid out.</span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">This in turn will depend on the level of future pay increases, the level of inflation (for those benefits that are subject to some form of inflation protection) and how long individuals live.</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Volatility in asset values</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The Group is exposed to future movements in the values of assets held in pension plans to meet future benefit payments.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uncertainty in cash funding</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Movements in the values of the obligations or assets may result in the Group being required to provide higher levels of cash funding, although changes in the level of cash required can often be spread over a number of years. In some countries control over the rate of cash funding or over the investment policy for pension assets might rest to some extent with a trustee body or other body that is not under the Group’s direct control. In addition the Group is also exposed to adverse changes in pension regulation.</span></div></td></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For these reasons the Group has a policy of moving away from defined benefit pension provisions and towards defined contribution arrangements instead. The defined benefit pension plans for salaried employees are closed to new entrants in almost all countries. For unionised employees, some plans remain open. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group does not usually participate in multi-employer plans in which the risks are shared with other companies using those plans. The Group’s participation in such plans is immaterial and therefore no detailed disclosures are provided in this note. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Pension plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The majority of the Group’s defined benefit pension obligations are in Canada, the UK, the US and Switzerland. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Canada the benefits for salaried staff are generally linked to final average pay and the plans are generally closed to new entrants. Benefits for unionised employees are reviewed in negotiation with unions and are typically linked either to final average pay or to a flat monetary amount per year of service. New employees join arrangements which are defined contribution from the Group’s perspective, with any required additional funding being provided by employees. The plans are subject to the regulatory requirements that apply to Canadian pension plans in the relevant provinces and territories (predominantly Quebec). Pension Committees are responsible for ensuring that the plans operate in a manner that is compliant with the relevant regulations. The Pension Committees generally have a number of members appointed by the sponsor and a number appointed by the plan participants. In some cases, there is also an independent Committee member. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The defined benefit sections of the UK arrangements are linked to final pay. New employees join the defined contribution sections. The plans are subject to the regulatory requirements that apply to UK pension plans. Trustees are responsible for ensuring that the plans operate in a manner that is compliant with UK regulations. The trustee board governing the main UK plans has a number of directors appointed by the sponsor, a number appointed by the plan participants and an independent trustee director. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A defined benefit pension plan is sponsored by the US entities. Benefits for salaried staff are generally linked to final average pay. Benefits for unionised employees are reviewed in negotiation with unions and are typically a flat monetary amount per year of service. New employees are admitted to defined contribution plans. A Benefits Governance Committee is responsible for ensuring that the plans are compliant with US regulations. Members of that Committee are appointed by the sponsor. </span></div><div style="margin-bottom:9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Swiss plan provides benefits linked to final average pay. The Swiss plan is overseen by a Trustee board which is responsible for ensuring that the plan complies with Swiss regulations. Trustee board members are appointed by the plan sponsor, by employees and by retirees. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Australia, the main arrangements are principally defined contribution in nature but there are sections providing defined benefits linked to final pay, typically paid in lump sum form. These arrangements are managed by an independent financial institution, who are responsible for ensuring that the plans are operating in a manner that is compliant with local regulations. We may nominate candidates to be considered for appointment to the governing board, as may other employers. One third of the board positions are nominated by employers, with the remaining positions being filled by independent directors and directors nominated by participants. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group also operates a number of unfunded defined benefit plans, which are included in the figures below. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Post-retirement healthcare plans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Certain subsidiaries of the Group, mainly in the US and Canada, provide healthcare and life insurance benefits to retired employees and in some cases to their beneficiaries and covered dependants. Eligibility for coverage is dependent upon certain age and service criteria. These arrangements are unfunded, and are included in the figures below. </span></div><div style="margin-bottom:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For post-employment defined benefit schemes, in accordance with IAS 19 “Employee Benefits”, local actuaries calculate the fair value of the plan assets and the present value of the plan obligations using a variety of valuation techniques dependent on the type of asset or liability. The difference is recognised as an asset or liability in the balance sheet.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where appropriate, the recognition of assets may be restricted to the present value of any amounts the Group expects to recover by way of refunds from the plan or reductions in future contributions. In determining the extent to which a refund will be available the Group considers whether any third party, such as a trustee or pension committee, has the power to enhance benefits or to wind up a pension plan without the Group’s consent.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The current service cost, any past service cost and the effect of any curtailment or settlements are recognised in the income statement. The interest cost less interest income on assets held in the plans is also charged to the income statement. All amounts charged to the income statement in respect of these plans are included within “Net operating costs” or in “Share of profit after tax of equity accounted units”, as appropriate. Actuarial gains/losses and returns from assets are recognised in other comprehensive income.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group’s contributions to defined contribution plans are charged to the income statement in the period to which the contributions relate. These are included within “Net operating costs” or in “Share of profit after tax of equity accounted units”, as appropriate.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Plan assets</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The assets of the pension plans are invested predominantly in a diversified range of equities, bonds and property. Consequently, the funding level of the pension plans is affected by movements in the level of equity markets and also by movements in interest rates. The Group monitors its exposure to changes in interest rates and equity markets and also measures its balance sheet pension risk using a value at risk approach. These measures are considered when deciding whether significant changes in investment strategy are required.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Investment strategy reviews are conducted on a periodic basis to determine the optimal investment mix. This is performed while bearing in mind the risk tolerance of the Group and local sponsor companies, and the views of the Pension Committees and trustee boards who are legally responsible for the plans’ investments. The assets of the pension plans may also be invested in Qualifying Insurance Policies which provide a stream of payments to match the benefits being paid out by the plans. This would therefore remove the investment, inflation and longevity risks. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Canada, the UK and Switzerland, the Group works with the governing bodies to ensure that the investment policy adopted is consistent with the Group’s tolerance for risk. In the US the Group has direct control over the investment policy, subject to local investment regulations.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The proportions of the total fair value of assets in the pension plans for each asset class at the balance sheet date were:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:center"><span><br/></span></div></td><td colspan="6" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equities</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18.0 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17.6 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Quoted</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Private</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bonds</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Government fixed income</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Government inflation-linked</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Corporate and other publicly quoted</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Private</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Property</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Quoted property funds</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Unquoted property funds</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Qualifying insurance policies</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash &amp; other</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100.0 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100.0 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The assets of the plans are managed on a day-to-day basis by external specialist fund managers. These managers may invest in the Group’s securities subject to limits imposed by the relevant fiduciary committees and local legislation. The approximate total holding of Group securities within the plans is US$2 million (2021: US$2 million). </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The holdings of quoted equities are invested in either pooled funds or segregated accounts held in the name of the relevant pension funds. These equity portfolios are well diversified in terms of the geographic distribution and market sectors. </span></div><div style="margin-bottom:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">28     Post-retirement benefits</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The holdings of government bonds are generally invested in the debt of the country in which a pension plan is situated. Corporate and other quoted bonds are usually of investment grade. Private debt is mainly held in the North American and UK pension funds and is invested in North American and European companies. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The property funds are invested in a diversified range of properties. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The holdings of cash &amp; other are predominantly cash and short-term money market instruments. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Investments in private equity, private debt and property are less liquid than the other investment classes listed above and therefore the Group’s investment in those asset classes is restricted to a level that does not endanger the liquidity of the pension plans.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Qualifying insurance policies are held with insurance companies that are regulated by the relevant local authorities. The value of those policies is calculated by the local actuaries using assumptions consistent with those adopted for valuing the insured obligations. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group makes limited use of futures, repurchase agreements and other instruments to manage the interest rate risk in some of its plans. Fund managers may also use derivatives to hedge currency movements within their portfolios and, in the case of bond managers, to take positions that could be taken using direct holdings of bonds but more efficiently. Exposure to these instruments is closely monitored and maintained at a level that does not endanger the liquidity of any pension plan. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Maturity of defined benefit obligations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">An approximate analysis of the maturity of the obligations is given in the table below: </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to current employees</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to former employees not yet retired</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to retirees</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">84 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">69 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Average duration of obligations (years)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.3</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.8</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14.3</span></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Most of the Group’s defined benefit pension plans are closed to new entrants, therefore the carrying value of the Group’s post-employment obligations is less sensitive to assumptions about future salary increases than to other assumptions such as future inflation.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Geographical distribution of defined benefit obligations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">An approximate analysis of the geographic distribution of the obligations is given in the table below:</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">55 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">UK</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">48 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Switzerland</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Total expense recognised in the income statement</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current employer service cost for defined benefit plans</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(136)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(143)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(167)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(137)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 8.09pt;text-align:left;text-indent:-7.09pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Past service cost</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 8.09pt;text-align:left;text-indent:-7.09pt;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlement losses</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net interest on net defined benefit liability</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(12)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(24)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(36)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(52)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(49)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-investment expenses paid from the plans</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(16)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total defined benefit expense</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(161)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(31)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(239)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(205)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:7.09pt;text-indent:-7.09pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current employer service cost for defined contribution and industry-wide plans</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(365)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(367)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(315)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(264)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total expense recognised in the income statement</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(526)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(33)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(559)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(554)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(469)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The above expense amounts are included as an employee cost within net operating costs. No amounts have been excluded from underlying earnings in 2022, 2021 or 2020. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The settlement loss in 2021 resulted from pension obligations in France being transferred to an external insurance company. A past service cost of US$1 million was recognised in 2020 in relation to the Lloyds Banking Group court judgment addressing the need to equalise historical transfer values in relation to Guaranteed Minimum Pensions. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Total amount recognised in other comprehensive income before tax</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:72.682%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Actuarial gains/(losses)</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,410 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">655 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,242)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Loss on application of asset ceiling</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Return on assets, net of interest on assets</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">371 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">768 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Re-measurement gains/(losses) on pension and post-retirement healthcare plans</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">578 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,026 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(474)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Amounts recognised in the balance sheet</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:1pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The following amounts were measured in accordance with IAS 19 at 31 December:</span><span style="color:#ff0090;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total fair value of plan assets</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligations – funded</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,226)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,226)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,462)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligations – unfunded</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(329)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(951)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,266)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligations – total</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,555)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11,177)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Effect of asset ceiling</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.25pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net surplus/(deficit) to be shown in the balance sheet</span></td><td colspan="2" style="border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(470)</span></td><td style="background-color:#f1f9fa;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Comprising:</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Deficits</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(672)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,294)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,098)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Surpluses</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">824 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">824 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,070 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net surplus/(deficit) on pension plans</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Unfunded post-retirement healthcare obligation</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The surplus amounts shown above are included in the balance sheet as “Receivables and other assets”. See note 17. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deficits are shown in the balance sheet within “Provisions (including post-retirement benefits)”. See note 26. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Funding policy and contributions to plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group reviews the funding position of its pension plans on a regular basis and considers whether to provide funding above the minimum level required in each country. In Canada and the US the minimum level is prescribed by legislation. In the UK and Switzerland the minimum level is negotiated with the local trustee in accordance with the funding guidance issued by the local regulators. In deciding whether to provide funding above the minimum level, we consider other possible uses of cash elsewhere, the local sponsoring entity’s tax situation and any strategic advantage we might obtain. The Group does not generally pre-fund post-retirement healthcare arrangements.</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions to defined benefit plans</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">201 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions to defined contribution plans</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">361 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">363 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">311 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">261 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">532 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">574 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">775 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">462 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The level of surplus in the Rio Tinto Pension Fund in the UK is such that it may be used to pay for the employer contributions to the defined contribution section of that Fund, in accordance with the funding arrangements agreed with the Trustee of that Fund. Consequently, the cash paid to defined contribution plans is lower than the defined contribution service cost by US$4 million. Contributions to defined benefit pension plans are kept under regular review and actual contributions will be determined in line with the Group’s wider financing strategy, taking into account relevant minimum funding requirements. In 2021 additional cash of US$294 million was paid in order to settle pension obligations in France. This amount was paid to an external insurer, along with the transfer of existing pension assets in order to transfer the obligations to that insurer. As contributions to many plans are reviewed on at least an annual basis, the contributions for 2023 and subsequent years cannot be determined precisely in advance. Most of the Group’s largest pension funds are fully funded on their local funding basis and do not require long-term funding commitments at present. Contributions to defined benefit pension plans for 2023 are estimated to be around US$190 million but may be higher or lower than this depending on the evolution of financial markets and voluntary funding decisions taken by the Group. Contributions for subsequent years are expected to be at similar levels. Healthcare plans are generally unfunded and contributions for future years will be equal to benefit payments net of participant contributions. The Group’s contributions in 2023 are expected to be similar to the amounts paid in 2022.</span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">28     Post-retirement benefits</span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Movements in the net defined benefit liability</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A summary of the movement in the net defined benefit liability is shown in the first table below. The subsequent tables provide a more detailed analysis of the movements in the present value of the obligations and the fair value of assets.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in the net defined benefit liability</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net defined benefit liability at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,273)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts recognised in income statement</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(161)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(31)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(239)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts recognised in other comprehensive income</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">397 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">181 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">578 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,026 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets transferred to defined contribution section</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate (losses)/gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(35)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net defined benefit surplus/(liability) at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(470)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in present value of obligation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligation at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,894)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(17,178)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current employer service costs</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(136)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(143)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(167)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Past service cost</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlements</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">380 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on obligation</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(346)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(24)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(370)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(328)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(22)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefits paid</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">743 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">783 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">837 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Experience (losses)/gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(177)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(170)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Changes in financial assumptions gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,390 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">173 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,563 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">521 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Changes in demographic assumptions gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">869 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">891 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">97 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligation at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,555)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11,177)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span style="color:#ff0090;font-family:'Times New Roman',sans-serif;font-size:3pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in plan assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value of plan assets at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,905 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlements</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(383)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on assets</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">334 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">334 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">276 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by employer</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefits paid</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(743)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(783)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(837)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-investment expenses</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Return on plan assets, net of interest on assets</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">371 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets transferred to defined contribution section</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate losses</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(926)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(926)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(99)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value of plan assets at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The impact of higher interest rates on bonds and qualifying insurance policies explains the return on plan assets, net of interest on assets in 2022. The settlement amounts shown above for 2021 relate to France, where assets and obligations for pensions in payment were transferred to an insurance company.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">T</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">he resulting effect of applying an asset ceiling is a loss of US$1 million during the year.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> In determining the extent to which the asset ceiling has an effect, the Group considers the funding legislation in each country and the rules specific to each pension plan. The calculation takes into account any minimum funding requirements that may be applicable to the plan, whether any reduction in future Group contributions is available, and whether a refund of surplus may be available. In considering whether any refund of surplus is available, the Group considers the powers of trustee boards and similar bodies to augment benefits or wind up a plan. Where such powers are unilateral, the Group does not consider a refund to be available at the end of the life of a plan. Where the plan rules and legislation both permit the employer to take a refund of surplus, the asset ceiling may have no effect, although it may be the case that a refund will only be available many years in the future. </span></div><div style="margin-bottom:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Main assumptions (rates per annum)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div></td><td colspan="3" style="background-color:#f0f9fa;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key estimate - Estimation of obligations for post-employment costs</span></div><div style="margin-bottom:5pt"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The value of the Group’s obligations for post-employment benefits is dependent on the amount of benefits that are expected to be paid out, discounted to the balance sheet date. T</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">he most significant assumptions used in accounting for pension plans are:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The discount rate - used to determine the net present value of the obligations, the interest cost on the obligations and the interest income on plan assets. We use the yield from high-quality corporate bonds with maturities and terms that match those of the post-employment obligations as closely as possible. Where there is no developed corporate bond market in a currency, the rate on government bonds is used.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The long-term inflation rate - used to project increases in future benefit payments for those plans that have benefits linked to inflation. The assumption regarding future inflation is based on market yields on inflation linked instruments, where possible, combined with consensus views. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The mortality rates - used to project the period over which benefits will be paid, which is then discounted to arrive at the net present value of the obligations. The Group reviews the actual mortality rates of retirees in its major pension plans on a regular basis and uses these rates to set its current mortality assumptions. It also uses its judgment with respect to allowances for future improvements in longevity having regard to standard improvement scales in each relevant country and after taking external actuarial advice.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The weighted-average assumptions used for the valuation at year end are summarised below:</span></div></td><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/><td colspan="3" style="background-color:#f0f9fa;padding:0 1pt"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">UK</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Switzerland</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rate of increase in pensions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.8 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rate of increase in pensions</span></div></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.8 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The long-term inflation assumption shown for the UK is for the Retail Price Index. The assumption for the Consumer Price Index at 31 December 2022 was 2.7% (2021: 2.7%). </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The main financial assumptions used for the healthcare plans, which are predominantly in the US and Canada, were: discount rate: 5.4% (2021: 3.1%); medical trend rate: 7.1% reducing to 4.8% by the year 2031 broadly on a straight line basis (2021: 6.3%, reducing to 4.7% by the year 2031); claims costs based on individual company experience. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For both the pension and healthcare arrangements, the post-retirement mortality assumptions allow for future improvements in longevity. The mortality tables used imply that a man aged 60 at the balance sheet date has a weighted average expected future lifetime of 27 years (2021: 27 years) and that a man aged 60 in 2041 would have a weighted average expected future lifetime of 28 years (2021: 28 years). The mortality tables are generally based upon the latest standard tables published in each country, adjusted appropriately to reflect the actual mortality experience of the plan participants where credible data is available. Adjustments have been made to some of our plans within the demographic assumptions for the impact of the Covid-19 pandemic based on the 2021 and 2020 experience. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Sensitivity </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The values reported for the defined benefit obligations are sensitive to the actuarial assumptions used for projecting future benefit payments and discounting those payments. In order to estimate the sensitivity of the obligations to changes in assumptions, we calculate what the obligations would be if we were to make changes to each of the key assumptions in isolation. The difference between this figure and the figure calculated using our stated assumptions is an indication of the sensitivity to reasonably possible changes in each assumption. The results of this sensitivity analysis are summarised in the table below. Note that this approach is valid for small changes in the assumptions but will be less accurate for larger changes in the assumptions. The sensitivity to inflation includes the impact on pension increases, which are generally linked to inflation where they are granted. </span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:22.252%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:38.298%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.214%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Approximate<br/>(increase)/decrease in obligations</span></td><td colspan="6" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Approximate<br/>(increase)/<br/>decrease in obligations</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Assumption</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Change in assumption</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>US$m</span></td></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Increase of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">483 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">854 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decrease of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(510)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(34)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(915)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(55)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Increase of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(174)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(393)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decrease of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">168 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">374 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr style="height:20pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Demographic – allowance for future improvements in longevity</span></td><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Participants assumed to have the mortality rates of individuals who are one year older</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">241 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">441 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:20pt"><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Participants assumed to have the mortality rates of individuals who are one year younger</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(241)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(441)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2022 ifrs-full Description Of Accounting Policy For Employee Benefits Explanatory
DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory
<div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Description of plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group operates a number of pension and post-retirement healthcare plans which provide lump sums, pensions, medical benefits and life insurance to retirees. Some of these plans are defined contribution and some are defined benefit, with assets held in separate trusts, foundations and similar entities. </span></div><div style="margin-bottom:4pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit pension and post-retirement healthcare plans expose the Group to a number of risks: </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:19.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:78.127%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uncertainty in benefit payments</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The value of the Group’s liabilities for post-retirement benefits will ultimately depend on the amount of benefits paid out.</span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">This in turn will depend on the level of future pay increases, the level of inflation (for those benefits that are subject to some form of inflation protection) and how long individuals live.</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Volatility in asset values</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The Group is exposed to future movements in the values of assets held in pension plans to meet future benefit payments.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uncertainty in cash funding</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Movements in the values of the obligations or assets may result in the Group being required to provide higher levels of cash funding, although changes in the level of cash required can often be spread over a number of years. In some countries control over the rate of cash funding or over the investment policy for pension assets might rest to some extent with a trustee body or other body that is not under the Group’s direct control. In addition the Group is also exposed to adverse changes in pension regulation.</span></div></td></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For these reasons the Group has a policy of moving away from defined benefit pension provisions and towards defined contribution arrangements instead. The defined benefit pension plans for salaried employees are closed to new entrants in almost all countries. For unionised employees, some plans remain open. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group does not usually participate in multi-employer plans in which the risks are shared with other companies using those plans. The Group’s participation in such plans is immaterial and therefore no detailed disclosures are provided in this note. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Pension plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The majority of the Group’s defined benefit pension obligations are in Canada, the UK, the US and Switzerland. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Canada the benefits for salaried staff are generally linked to final average pay and the plans are generally closed to new entrants. Benefits for unionised employees are reviewed in negotiation with unions and are typically linked either to final average pay or to a flat monetary amount per year of service. New employees join arrangements which are defined contribution from the Group’s perspective, with any required additional funding being provided by employees. The plans are subject to the regulatory requirements that apply to Canadian pension plans in the relevant provinces and territories (predominantly Quebec). Pension Committees are responsible for ensuring that the plans operate in a manner that is compliant with the relevant regulations. The Pension Committees generally have a number of members appointed by the sponsor and a number appointed by the plan participants. In some cases, there is also an independent Committee member. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The defined benefit sections of the UK arrangements are linked to final pay. New employees join the defined contribution sections. The plans are subject to the regulatory requirements that apply to UK pension plans. Trustees are responsible for ensuring that the plans operate in a manner that is compliant with UK regulations. The trustee board governing the main UK plans has a number of directors appointed by the sponsor, a number appointed by the plan participants and an independent trustee director. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A defined benefit pension plan is sponsored by the US entities. Benefits for salaried staff are generally linked to final average pay. Benefits for unionised employees are reviewed in negotiation with unions and are typically a flat monetary amount per year of service. New employees are admitted to defined contribution plans. A Benefits Governance Committee is responsible for ensuring that the plans are compliant with US regulations. Members of that Committee are appointed by the sponsor. </span></div><div style="margin-bottom:9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Swiss plan provides benefits linked to final average pay. The Swiss plan is overseen by a Trustee board which is responsible for ensuring that the plan complies with Swiss regulations. Trustee board members are appointed by the plan sponsor, by employees and by retirees. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Australia, the main arrangements are principally defined contribution in nature but there are sections providing defined benefits linked to final pay, typically paid in lump sum form. These arrangements are managed by an independent financial institution, who are responsible for ensuring that the plans are operating in a manner that is compliant with local regulations. We may nominate candidates to be considered for appointment to the governing board, as may other employers. One third of the board positions are nominated by employers, with the remaining positions being filled by independent directors and directors nominated by participants. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group also operates a number of unfunded defined benefit plans, which are included in the figures below. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Post-retirement healthcare plans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Certain subsidiaries of the Group, mainly in the US and Canada, provide healthcare and life insurance benefits to retired employees and in some cases to their beneficiaries and covered dependants. Eligibility for coverage is dependent upon certain age and service criteria. These arrangements are unfunded, and are included in the figures below. </span></div><div style="margin-bottom:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For post-employment defined benefit schemes, in accordance with IAS 19 “Employee Benefits”, local actuaries calculate the fair value of the plan assets and the present value of the plan obligations using a variety of valuation techniques dependent on the type of asset or liability. The difference is recognised as an asset or liability in the balance sheet.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where appropriate, the recognition of assets may be restricted to the present value of any amounts the Group expects to recover by way of refunds from the plan or reductions in future contributions. In determining the extent to which a refund will be available the Group considers whether any third party, such as a trustee or pension committee, has the power to enhance benefits or to wind up a pension plan without the Group’s consent.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The current service cost, any past service cost and the effect of any curtailment or settlements are recognised in the income statement. The interest cost less interest income on assets held in the plans is also charged to the income statement. All amounts charged to the income statement in respect of these plans are included within “Net operating costs” or in “Share of profit after tax of equity accounted units”, as appropriate. Actuarial gains/losses and returns from assets are recognised in other comprehensive income.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group’s contributions to defined contribution plans are charged to the income statement in the period to which the contributions relate. These are included within “Net operating costs” or in “Share of profit after tax of equity accounted units”, as appropriate.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Plan assets</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The assets of the pension plans are invested predominantly in a diversified range of equities, bonds and property. Consequently, the funding level of the pension plans is affected by movements in the level of equity markets and also by movements in interest rates. The Group monitors its exposure to changes in interest rates and equity markets and also measures its balance sheet pension risk using a value at risk approach. These measures are considered when deciding whether significant changes in investment strategy are required.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Investment strategy reviews are conducted on a periodic basis to determine the optimal investment mix. This is performed while bearing in mind the risk tolerance of the Group and local sponsor companies, and the views of the Pension Committees and trustee boards who are legally responsible for the plans’ investments. The assets of the pension plans may also be invested in Qualifying Insurance Policies which provide a stream of payments to match the benefits being paid out by the plans. This would therefore remove the investment, inflation and longevity risks. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Canada, the UK and Switzerland, the Group works with the governing bodies to ensure that the investment policy adopted is consistent with the Group’s tolerance for risk. In the US the Group has direct control over the investment policy, subject to local investment regulations.</span></div>
CY2021Q4 ifrs-full Description Of Amounts Of Entitys Own Financial Instruments Included In Fair Value Of Plan Assets
DescriptionOfAmountsOfEntitysOwnFinancialInstrumentsIncludedInFairValueOfPlanAssets
2000000 usd
CY2022 ifrs-full Description Of Accounting Policy For Employee Benefits Explanatory
DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory
<div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Description of plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group operates a number of pension and post-retirement healthcare plans which provide lump sums, pensions, medical benefits and life insurance to retirees. Some of these plans are defined contribution and some are defined benefit, with assets held in separate trusts, foundations and similar entities. </span></div><div style="margin-bottom:4pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Defined benefit pension and post-retirement healthcare plans expose the Group to a number of risks: </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:19.673%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:78.127%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uncertainty in benefit payments</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The value of the Group’s liabilities for post-retirement benefits will ultimately depend on the amount of benefits paid out.</span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">This in turn will depend on the level of future pay increases, the level of inflation (for those benefits that are subject to some form of inflation protection) and how long individuals live.</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Volatility in asset values</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">The Group is exposed to future movements in the values of assets held in pension plans to meet future benefit payments.</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uncertainty in cash funding</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Movements in the values of the obligations or assets may result in the Group being required to provide higher levels of cash funding, although changes in the level of cash required can often be spread over a number of years. In some countries control over the rate of cash funding or over the investment policy for pension assets might rest to some extent with a trustee body or other body that is not under the Group’s direct control. In addition the Group is also exposed to adverse changes in pension regulation.</span></div></td></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For these reasons the Group has a policy of moving away from defined benefit pension provisions and towards defined contribution arrangements instead. The defined benefit pension plans for salaried employees are closed to new entrants in almost all countries. For unionised employees, some plans remain open. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group does not usually participate in multi-employer plans in which the risks are shared with other companies using those plans. The Group’s participation in such plans is immaterial and therefore no detailed disclosures are provided in this note. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Pension plans</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The majority of the Group’s defined benefit pension obligations are in Canada, the UK, the US and Switzerland. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Canada the benefits for salaried staff are generally linked to final average pay and the plans are generally closed to new entrants. Benefits for unionised employees are reviewed in negotiation with unions and are typically linked either to final average pay or to a flat monetary amount per year of service. New employees join arrangements which are defined contribution from the Group’s perspective, with any required additional funding being provided by employees. The plans are subject to the regulatory requirements that apply to Canadian pension plans in the relevant provinces and territories (predominantly Quebec). Pension Committees are responsible for ensuring that the plans operate in a manner that is compliant with the relevant regulations. The Pension Committees generally have a number of members appointed by the sponsor and a number appointed by the plan participants. In some cases, there is also an independent Committee member. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The defined benefit sections of the UK arrangements are linked to final pay. New employees join the defined contribution sections. The plans are subject to the regulatory requirements that apply to UK pension plans. Trustees are responsible for ensuring that the plans operate in a manner that is compliant with UK regulations. The trustee board governing the main UK plans has a number of directors appointed by the sponsor, a number appointed by the plan participants and an independent trustee director. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A defined benefit pension plan is sponsored by the US entities. Benefits for salaried staff are generally linked to final average pay. Benefits for unionised employees are reviewed in negotiation with unions and are typically a flat monetary amount per year of service. New employees are admitted to defined contribution plans. A Benefits Governance Committee is responsible for ensuring that the plans are compliant with US regulations. Members of that Committee are appointed by the sponsor. </span></div><div style="margin-bottom:9pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Swiss plan provides benefits linked to final average pay. The Swiss plan is overseen by a Trustee board which is responsible for ensuring that the plan complies with Swiss regulations. Trustee board members are appointed by the plan sponsor, by employees and by retirees. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Australia, the main arrangements are principally defined contribution in nature but there are sections providing defined benefits linked to final pay, typically paid in lump sum form. These arrangements are managed by an independent financial institution, who are responsible for ensuring that the plans are operating in a manner that is compliant with local regulations. We may nominate candidates to be considered for appointment to the governing board, as may other employers. One third of the board positions are nominated by employers, with the remaining positions being filled by independent directors and directors nominated by participants. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group also operates a number of unfunded defined benefit plans, which are included in the figures below. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Post-retirement healthcare plans</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Certain subsidiaries of the Group, mainly in the US and Canada, provide healthcare and life insurance benefits to retired employees and in some cases to their beneficiaries and covered dependants. Eligibility for coverage is dependent upon certain age and service criteria. These arrangements are unfunded, and are included in the figures below. </span></div><div style="margin-bottom:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement:</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">For post-employment defined benefit schemes, in accordance with IAS 19 “Employee Benefits”, local actuaries calculate the fair value of the plan assets and the present value of the plan obligations using a variety of valuation techniques dependent on the type of asset or liability. The difference is recognised as an asset or liability in the balance sheet.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Where appropriate, the recognition of assets may be restricted to the present value of any amounts the Group expects to recover by way of refunds from the plan or reductions in future contributions. In determining the extent to which a refund will be available the Group considers whether any third party, such as a trustee or pension committee, has the power to enhance benefits or to wind up a pension plan without the Group’s consent.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The current service cost, any past service cost and the effect of any curtailment or settlements are recognised in the income statement. The interest cost less interest income on assets held in the plans is also charged to the income statement. All amounts charged to the income statement in respect of these plans are included within “Net operating costs” or in “Share of profit after tax of equity accounted units”, as appropriate. Actuarial gains/losses and returns from assets are recognised in other comprehensive income.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group’s contributions to defined contribution plans are charged to the income statement in the period to which the contributions relate. These are included within “Net operating costs” or in “Share of profit after tax of equity accounted units”, as appropriate.</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Plan assets</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The assets of the pension plans are invested predominantly in a diversified range of equities, bonds and property. Consequently, the funding level of the pension plans is affected by movements in the level of equity markets and also by movements in interest rates. The Group monitors its exposure to changes in interest rates and equity markets and also measures its balance sheet pension risk using a value at risk approach. These measures are considered when deciding whether significant changes in investment strategy are required.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Investment strategy reviews are conducted on a periodic basis to determine the optimal investment mix. This is performed while bearing in mind the risk tolerance of the Group and local sponsor companies, and the views of the Pension Committees and trustee boards who are legally responsible for the plans’ investments. The assets of the pension plans may also be invested in Qualifying Insurance Policies which provide a stream of payments to match the benefits being paid out by the plans. This would therefore remove the investment, inflation and longevity risks. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In Canada, the UK and Switzerland, the Group works with the governing bodies to ensure that the investment policy adopted is consistent with the Group’s tolerance for risk. In the US the Group has direct control over the investment policy, subject to local investment regulations.</span></div>
CY2022 ifrs-full Disclosure Of Fair Value Of Plan Assets Explanatory
DisclosureOfFairValueOfPlanAssetsExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The proportions of the total fair value of assets in the pension plans for each asset class at the balance sheet date were:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:center"><span><br/></span></div></td><td colspan="6" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equities</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18.0 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17.6 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Quoted</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Private</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bonds</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Government fixed income</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Government inflation-linked</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Corporate and other publicly quoted</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Private</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Property</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Quoted property funds</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Unquoted property funds</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Qualifying insurance policies</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash &amp; other</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100.0 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100.0 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr></table></div>
CY2022Q4 ifrs-full Equity Instruments Percentage Contributed To Fair Value Of Plan Assets
EquityInstrumentsPercentageContributedToFairValueOfPlanAssets
0.180
CY2021Q4 ifrs-full Equity Instruments Percentage Contributed To Fair Value Of Plan Assets
EquityInstrumentsPercentageContributedToFairValueOfPlanAssets
0.176
CY2022Q4 rio Quoted Equity Securities Amount Contributed To Fair Value Of Plan Assets Percent
QuotedEquitySecuritiesAmountContributedToFairValueOfPlanAssetsPercent
0.123
CY2021Q4 rio Quoted Equity Securities Amount Contributed To Fair Value Of Plan Assets Percent
QuotedEquitySecuritiesAmountContributedToFairValueOfPlanAssetsPercent
0.134
CY2022Q4 rio Private Equity Securities Amount Contributed To Fair Value Of Plan Assets Percent
PrivateEquitySecuritiesAmountContributedToFairValueOfPlanAssetsPercent
0.057
CY2021Q4 rio Private Equity Securities Amount Contributed To Fair Value Of Plan Assets Percent
PrivateEquitySecuritiesAmountContributedToFairValueOfPlanAssetsPercent
0.042
CY2022Q4 ifrs-full Debt Instruments Percentage Contributed To Fair Value Of Plan Assets
DebtInstrumentsPercentageContributedToFairValueOfPlanAssets
0.581
CY2022Q4 rio Government Fixed Income Bonds Amount Contributed To Fair Value Of Plan Assets Percent
GovernmentFixedIncomeBondsAmountContributedToFairValueOfPlanAssetsPercent
0.246
CY2021Q4 rio Government Fixed Income Bonds Amount Contributed To Fair Value Of Plan Assets Percent
GovernmentFixedIncomeBondsAmountContributedToFairValueOfPlanAssetsPercent
0.232
CY2022Q4 rio Government Inflation Linked Bonds Amount Contributed To Fair Value Of Plan Assets Percent
GovernmentInflationLinkedBondsAmountContributedToFairValueOfPlanAssetsPercent
0.050
CY2021Q4 rio Government Inflation Linked Bonds Amount Contributed To Fair Value Of Plan Assets Percent
GovernmentInflationLinkedBondsAmountContributedToFairValueOfPlanAssetsPercent
0.095
CY2022Q4 rio Corporate And Other Publicly Quoted Bonds Amount Contributed To Fair Value Of Plan Assets Percent
CorporateAndOtherPubliclyQuotedBondsAmountContributedToFairValueOfPlanAssetsPercent
0.196
CY2022 ifrs-full Disclosure Of Fair Value Of Plan Assets Explanatory
DisclosureOfFairValueOfPlanAssetsExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The proportions of the total fair value of assets in the pension plans for each asset class at the balance sheet date were:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:center"><span><br/></span></div></td><td colspan="6" style="background-color:#f1f9fa;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Equities</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18.0 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17.6 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Quoted</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Private</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bonds</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">60.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Government fixed income</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">24.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">23.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Government inflation-linked</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Corporate and other publicly quoted</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19.6 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Private</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Property</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Quoted property funds</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– Unquoted property funds</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Qualifying insurance policies</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9.7 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash &amp; other</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100.0 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100.0 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr></table></div>
CY2022Q4 ifrs-full Equity Instruments Percentage Contributed To Fair Value Of Plan Assets
EquityInstrumentsPercentageContributedToFairValueOfPlanAssets
0.180
CY2021Q4 ifrs-full Equity Instruments Percentage Contributed To Fair Value Of Plan Assets
EquityInstrumentsPercentageContributedToFairValueOfPlanAssets
0.176
CY2022Q4 rio Quoted Equity Securities Amount Contributed To Fair Value Of Plan Assets Percent
QuotedEquitySecuritiesAmountContributedToFairValueOfPlanAssetsPercent
0.123
CY2021Q4 rio Quoted Equity Securities Amount Contributed To Fair Value Of Plan Assets Percent
QuotedEquitySecuritiesAmountContributedToFairValueOfPlanAssetsPercent
0.134
CY2022Q4 rio Private Equity Securities Amount Contributed To Fair Value Of Plan Assets Percent
PrivateEquitySecuritiesAmountContributedToFairValueOfPlanAssetsPercent
0.057
CY2021Q4 rio Private Equity Securities Amount Contributed To Fair Value Of Plan Assets Percent
PrivateEquitySecuritiesAmountContributedToFairValueOfPlanAssetsPercent
0.042
CY2022Q4 ifrs-full Debt Instruments Percentage Contributed To Fair Value Of Plan Assets
DebtInstrumentsPercentageContributedToFairValueOfPlanAssets
0.581
CY2021Q4 ifrs-full Debt Instruments Percentage Contributed To Fair Value Of Plan Assets
DebtInstrumentsPercentageContributedToFairValueOfPlanAssets
0.602
CY2022Q4 rio Government Fixed Income Bonds Amount Contributed To Fair Value Of Plan Assets Percent
GovernmentFixedIncomeBondsAmountContributedToFairValueOfPlanAssetsPercent
0.246
CY2021Q4 rio Government Fixed Income Bonds Amount Contributed To Fair Value Of Plan Assets Percent
GovernmentFixedIncomeBondsAmountContributedToFairValueOfPlanAssetsPercent
0.232
CY2022Q4 rio Government Inflation Linked Bonds Amount Contributed To Fair Value Of Plan Assets Percent
GovernmentInflationLinkedBondsAmountContributedToFairValueOfPlanAssetsPercent
0.050
CY2021Q4 rio Government Inflation Linked Bonds Amount Contributed To Fair Value Of Plan Assets Percent
GovernmentInflationLinkedBondsAmountContributedToFairValueOfPlanAssetsPercent
0.095
CY2022Q4 rio Corporate And Other Publicly Quoted Bonds Amount Contributed To Fair Value Of Plan Assets Percent
CorporateAndOtherPubliclyQuotedBondsAmountContributedToFairValueOfPlanAssetsPercent
0.196
CY2021Q4 rio Corporate And Other Publicly Quoted Bonds Amount Contributed To Fair Value Of Plan Assets Percent
CorporateAndOtherPubliclyQuotedBondsAmountContributedToFairValueOfPlanAssetsPercent
0.206
CY2022Q4 rio Private Bonds Amount Contributed To Fair Value Of Plan Assets Percent
PrivateBondsAmountContributedToFairValueOfPlanAssetsPercent
0.089
CY2021Q4 rio Private Bonds Amount Contributed To Fair Value Of Plan Assets Percent
PrivateBondsAmountContributedToFairValueOfPlanAssetsPercent
0.069
CY2022Q4 ifrs-full Real Estate Percentage Contributed To Fair Value Of Plan Assets
RealEstatePercentageContributedToFairValueOfPlanAssets
0.100
CY2021Q4 ifrs-full Real Estate Percentage Contributed To Fair Value Of Plan Assets
RealEstatePercentageContributedToFairValueOfPlanAssets
0.079
CY2022Q4 rio Quoted Property Funds Amount Contributed To Fair Value Of Plan Assets Percent
QuotedPropertyFundsAmountContributedToFairValueOfPlanAssetsPercent
0.029
CY2021Q4 rio Quoted Property Funds Amount Contributed To Fair Value Of Plan Assets Percent
QuotedPropertyFundsAmountContributedToFairValueOfPlanAssetsPercent
0.034
CY2022Q4 rio Unquoted Property Funds Amount Contributed To Fair Value Of Plan Assets Percent
UnquotedPropertyFundsAmountContributedToFairValueOfPlanAssetsPercent
0.071
CY2021Q4 rio Unquoted Property Funds Amount Contributed To Fair Value Of Plan Assets Percent
UnquotedPropertyFundsAmountContributedToFairValueOfPlanAssetsPercent
0.045
CY2022Q4 ifrs-full Qualifying Insurance Policies Percentage Contributed To Fair Value Of Plan Assets
QualifyingInsurancePoliciesPercentageContributedToFairValueOfPlanAssets
0.097
CY2021Q4 ifrs-full Qualifying Insurance Policies Percentage Contributed To Fair Value Of Plan Assets
QualifyingInsurancePoliciesPercentageContributedToFairValueOfPlanAssets
0.105
CY2022Q4 ifrs-full Cash And Cash Equivalents Percentage Contributed To Fair Value Of Plan Assets
CashAndCashEquivalentsPercentageContributedToFairValueOfPlanAssets
0.042
CY2021Q4 ifrs-full Cash And Cash Equivalents Percentage Contributed To Fair Value Of Plan Assets
CashAndCashEquivalentsPercentageContributedToFairValueOfPlanAssets
0.038
CY2022Q4 rio Percentage Of Amount Contributed To Fair Value Of Plan Assets
PercentageOfAmountContributedToFairValueOfPlanAssets
1.000
CY2021Q4 rio Percentage Of Amount Contributed To Fair Value Of Plan Assets
PercentageOfAmountContributedToFairValueOfPlanAssets
1.000
CY2022Q4 ifrs-full Description Of Amounts Of Entitys Own Financial Instruments Included In Fair Value Of Plan Assets
DescriptionOfAmountsOfEntitysOwnFinancialInstrumentsIncludedInFairValueOfPlanAssets
2000000 usd
CY2021Q4 rio Corporate And Other Publicly Quoted Bonds Amount Contributed To Fair Value Of Plan Assets Percent
CorporateAndOtherPubliclyQuotedBondsAmountContributedToFairValueOfPlanAssetsPercent
0.206
CY2022Q4 rio Private Bonds Amount Contributed To Fair Value Of Plan Assets Percent
PrivateBondsAmountContributedToFairValueOfPlanAssetsPercent
0.089
CY2021Q4 rio Private Bonds Amount Contributed To Fair Value Of Plan Assets Percent
PrivateBondsAmountContributedToFairValueOfPlanAssetsPercent
0.069
CY2022Q4 ifrs-full Real Estate Percentage Contributed To Fair Value Of Plan Assets
RealEstatePercentageContributedToFairValueOfPlanAssets
0.100
CY2021Q4 ifrs-full Real Estate Percentage Contributed To Fair Value Of Plan Assets
RealEstatePercentageContributedToFairValueOfPlanAssets
0.079
CY2022Q4 rio Quoted Property Funds Amount Contributed To Fair Value Of Plan Assets Percent
QuotedPropertyFundsAmountContributedToFairValueOfPlanAssetsPercent
0.029
CY2022Q4 rio Unquoted Property Funds Amount Contributed To Fair Value Of Plan Assets Percent
UnquotedPropertyFundsAmountContributedToFairValueOfPlanAssetsPercent
0.071
CY2021Q4 rio Unquoted Property Funds Amount Contributed To Fair Value Of Plan Assets Percent
UnquotedPropertyFundsAmountContributedToFairValueOfPlanAssetsPercent
0.045
CY2022Q4 ifrs-full Qualifying Insurance Policies Percentage Contributed To Fair Value Of Plan Assets
QualifyingInsurancePoliciesPercentageContributedToFairValueOfPlanAssets
0.097
CY2021Q4 ifrs-full Qualifying Insurance Policies Percentage Contributed To Fair Value Of Plan Assets
QualifyingInsurancePoliciesPercentageContributedToFairValueOfPlanAssets
0.105
CY2022Q4 ifrs-full Cash And Cash Equivalents Percentage Contributed To Fair Value Of Plan Assets
CashAndCashEquivalentsPercentageContributedToFairValueOfPlanAssets
0.042
CY2021Q4 ifrs-full Cash And Cash Equivalents Percentage Contributed To Fair Value Of Plan Assets
CashAndCashEquivalentsPercentageContributedToFairValueOfPlanAssets
0.038
CY2022Q4 rio Percentage Of Amount Contributed To Fair Value Of Plan Assets
PercentageOfAmountContributedToFairValueOfPlanAssets
1.000
CY2021Q4 rio Percentage Of Amount Contributed To Fair Value Of Plan Assets
PercentageOfAmountContributedToFairValueOfPlanAssets
1.000
CY2022Q4 ifrs-full Description Of Amounts Of Entitys Own Financial Instruments Included In Fair Value Of Plan Assets
DescriptionOfAmountsOfEntitysOwnFinancialInstrumentsIncludedInFairValueOfPlanAssets
2000000 usd
CY2021Q4 ifrs-full Description Of Amounts Of Entitys Own Financial Instruments Included In Fair Value Of Plan Assets
DescriptionOfAmountsOfEntitysOwnFinancialInstrumentsIncludedInFairValueOfPlanAssets
2000000 usd
CY2022 ifrs-full Estimate Of Contributions Expected To Be Paid To Plan
EstimateOfContributionsExpectedToBePaidToPlan
190000000 usd
CY2022 ifrs-full Disclosure Of Information About Maturity Profile Of Defined Benefit Obligation Explanatory
DisclosureOfInformationAboutMaturityProfileOfDefinedBenefitObligationExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">An approximate analysis of the maturity of the obligations is given in the table below: </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to current employees</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to former employees not yet retired</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to retirees</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">84 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">69 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Average duration of obligations (years)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.3</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.8</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14.3</span></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Most of the Group’s defined benefit pension plans are closed to new entrants, therefore the carrying value of the Group’s post-employment obligations is less sensitive to assumptions about future salary increases than to other assumptions such as future inflation.</span></div>
CY2022 rio Defined Benefit Obligations Relating To Current Employees Maturity Percentage
DefinedBenefitObligationsRelatingToCurrentEmployeesMaturityPercentage
0.18
CY2021 rio Defined Benefit Obligations Relating To Current Employees Maturity Percentage
DefinedBenefitObligationsRelatingToCurrentEmployeesMaturityPercentage
0.20
CY2020 rio Defined Benefit Obligations Relating To Current Employees Maturity Percentage
DefinedBenefitObligationsRelatingToCurrentEmployeesMaturityPercentage
0.21
CY2022 rio Defined Benefit Obligations Relating To Former Employees Not Yet Retired Maturity Percentage
DefinedBenefitObligationsRelatingToFormerEmployeesNotYetRetiredMaturityPercentage
0.09
CY2021 rio Defined Benefit Obligations Relating To Former Employees Not Yet Retired Maturity Percentage
DefinedBenefitObligationsRelatingToFormerEmployeesNotYetRetiredMaturityPercentage
0.11
CY2020 rio Defined Benefit Obligations Relating To Former Employees Not Yet Retired Maturity Percentage
DefinedBenefitObligationsRelatingToFormerEmployeesNotYetRetiredMaturityPercentage
0.11
CY2022 rio Defined Benefit Obligations Relating To Retirees Maturity Percentage
DefinedBenefitObligationsRelatingToRetireesMaturityPercentage
0.73
CY2021 rio Defined Benefit Obligations Relating To Retirees Maturity Percentage
DefinedBenefitObligationsRelatingToRetireesMaturityPercentage
0.69
CY2020 rio Defined Benefit Obligations Relating To Retirees Maturity Percentage
DefinedBenefitObligationsRelatingToRetireesMaturityPercentage
0.68
CY2022 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2021 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2020 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2022 ifrs-full Weighted Average Duration Of Defined Benefit Obligation2019
WeightedAverageDurationOfDefinedBenefitObligation2019
P11Y4M24D
CY2022 ifrs-full Disclosure Of Information About Maturity Profile Of Defined Benefit Obligation Explanatory
DisclosureOfInformationAboutMaturityProfileOfDefinedBenefitObligationExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">An approximate analysis of the maturity of the obligations is given in the table below: </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:55.203%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to current employees</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to former employees not yet retired</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Proportion relating to retirees</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">72 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">84 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">69 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Average duration of obligations (years)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.3</span></td><td colspan="3" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.4</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.8</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14.3</span></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Most of the Group’s defined benefit pension plans are closed to new entrants, therefore the carrying value of the Group’s post-employment obligations is less sensitive to assumptions about future salary increases than to other assumptions such as future inflation.</span></div>
CY2022 rio Defined Benefit Obligations Relating To Current Employees Maturity Percentage
DefinedBenefitObligationsRelatingToCurrentEmployeesMaturityPercentage
0.18
CY2021 rio Defined Benefit Obligations Relating To Current Employees Maturity Percentage
DefinedBenefitObligationsRelatingToCurrentEmployeesMaturityPercentage
0.20
CY2020 rio Defined Benefit Obligations Relating To Current Employees Maturity Percentage
DefinedBenefitObligationsRelatingToCurrentEmployeesMaturityPercentage
0.21
CY2022 rio Defined Benefit Obligations Relating To Former Employees Not Yet Retired Maturity Percentage
DefinedBenefitObligationsRelatingToFormerEmployeesNotYetRetiredMaturityPercentage
0.09
CY2021 rio Defined Benefit Obligations Relating To Former Employees Not Yet Retired Maturity Percentage
DefinedBenefitObligationsRelatingToFormerEmployeesNotYetRetiredMaturityPercentage
0.11
CY2020 rio Defined Benefit Obligations Relating To Former Employees Not Yet Retired Maturity Percentage
DefinedBenefitObligationsRelatingToFormerEmployeesNotYetRetiredMaturityPercentage
0.11
CY2022 rio Defined Benefit Obligations Relating To Retirees Maturity Percentage
DefinedBenefitObligationsRelatingToRetireesMaturityPercentage
0.73
CY2021 rio Defined Benefit Obligations Relating To Retirees Maturity Percentage
DefinedBenefitObligationsRelatingToRetireesMaturityPercentage
0.69
CY2020 rio Defined Benefit Obligations Relating To Retirees Maturity Percentage
DefinedBenefitObligationsRelatingToRetireesMaturityPercentage
0.68
CY2022 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2021 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2020 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2022 ifrs-full Weighted Average Duration Of Defined Benefit Obligation2019
WeightedAverageDurationOfDefinedBenefitObligation2019
P11Y4M24D
CY2021 ifrs-full Weighted Average Duration Of Defined Benefit Obligation2019
WeightedAverageDurationOfDefinedBenefitObligation2019
P13Y9M18D
CY2020 ifrs-full Weighted Average Duration Of Defined Benefit Obligation2019
WeightedAverageDurationOfDefinedBenefitObligation2019
P14Y3M18D
CY2022 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2021 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2020 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2022 ifrs-full Current Service Cost Defined Benefit Plans
CurrentServiceCostDefinedBenefitPlans
143000000 usd
CY2021 ifrs-full Current Service Cost Defined Benefit Plans
CurrentServiceCostDefinedBenefitPlans
167000000 usd
CY2020 ifrs-full Current Service Cost Defined Benefit Plans
CurrentServiceCostDefinedBenefitPlans
137000000 usd
CY2022 ifrs-full Past Service Cost Defined Benefit Plans
PastServiceCostDefinedBenefitPlans
0 usd
CY2021 ifrs-full Weighted Average Duration Of Defined Benefit Obligation2019
WeightedAverageDurationOfDefinedBenefitObligation2019
P13Y9M18D
CY2020 ifrs-full Weighted Average Duration Of Defined Benefit Obligation2019
WeightedAverageDurationOfDefinedBenefitObligation2019
P14Y3M18D
CY2022 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2021 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2020 rio Defined Benefit Obligation Maturity Percentage
DefinedBenefitObligationMaturityPercentage
1
CY2022 ifrs-full Current Service Cost Defined Benefit Plans
CurrentServiceCostDefinedBenefitPlans
143000000 usd
CY2021 ifrs-full Current Service Cost Defined Benefit Plans
CurrentServiceCostDefinedBenefitPlans
167000000 usd
CY2020 ifrs-full Current Service Cost Defined Benefit Plans
CurrentServiceCostDefinedBenefitPlans
137000000 usd
CY2022 ifrs-full Past Service Cost Defined Benefit Plans
PastServiceCostDefinedBenefitPlans
0 usd
CY2021 ifrs-full Past Service Cost Defined Benefit Plans
PastServiceCostDefinedBenefitPlans
2000000 usd
CY2020 ifrs-full Past Service Cost Defined Benefit Plans
PastServiceCostDefinedBenefitPlans
2000000 usd
CY2022 ifrs-full Gains Losses Arising From Settlements Defined Benefit Plans
GainsLossesArisingFromSettlementsDefinedBenefitPlans
0 usd
CY2021 ifrs-full Gains Losses Arising From Settlements Defined Benefit Plans
GainsLossesArisingFromSettlementsDefinedBenefitPlans
-3000000 usd
CY2020 ifrs-full Gains Losses Arising From Settlements Defined Benefit Plans
GainsLossesArisingFromSettlementsDefinedBenefitPlans
-1000000 usd
CY2022 ifrs-full Interest Expense Income Defined Benefit Plans
InterestExpenseIncomeDefinedBenefitPlans
36000000 usd
CY2021 ifrs-full Interest Expense Income Defined Benefit Plans
InterestExpenseIncomeDefinedBenefitPlans
52000000 usd
CY2020 ifrs-full Interest Expense Income Defined Benefit Plans
InterestExpenseIncomeDefinedBenefitPlans
49000000 usd
CY2022 ifrs-full Administration Costs Not Reflected In Return On Plan Assets Defined Benefit Plans
AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans
13000000 usd
CY2021 ifrs-full Administration Costs Not Reflected In Return On Plan Assets Defined Benefit Plans
AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans
15000000 usd
CY2020 ifrs-full Administration Costs Not Reflected In Return On Plan Assets Defined Benefit Plans
AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans
16000000 usd
CY2022 ifrs-full Postemployment Benefit Expense Defined Benefit Plans
PostemploymentBenefitExpenseDefinedBenefitPlans
192000000 usd
CY2021 ifrs-full Postemployment Benefit Expense Defined Benefit Plans
PostemploymentBenefitExpenseDefinedBenefitPlans
239000000 usd
CY2022 ifrs-full Postemployment Benefit Expense Defined Contribution Plans
PostemploymentBenefitExpenseDefinedContributionPlans
367000000 usd
CY2021 ifrs-full Postemployment Benefit Expense Defined Contribution Plans
PostemploymentBenefitExpenseDefinedContributionPlans
315000000 usd
CY2020 ifrs-full Postemployment Benefit Expense Defined Contribution Plans
PostemploymentBenefitExpenseDefinedContributionPlans
264000000 usd
CY2021 ifrs-full Past Service Cost Defined Benefit Plans
PastServiceCostDefinedBenefitPlans
2000000 usd
CY2020 ifrs-full Past Service Cost Defined Benefit Plans
PastServiceCostDefinedBenefitPlans
2000000 usd
CY2022 ifrs-full Gains Losses Arising From Settlements Defined Benefit Plans
GainsLossesArisingFromSettlementsDefinedBenefitPlans
0 usd
CY2021 ifrs-full Gains Losses Arising From Settlements Defined Benefit Plans
GainsLossesArisingFromSettlementsDefinedBenefitPlans
-3000000 usd
CY2020 ifrs-full Gains Losses Arising From Settlements Defined Benefit Plans
GainsLossesArisingFromSettlementsDefinedBenefitPlans
-1000000 usd
CY2022 ifrs-full Interest Expense Income Defined Benefit Plans
InterestExpenseIncomeDefinedBenefitPlans
36000000 usd
CY2021 ifrs-full Interest Expense Income Defined Benefit Plans
InterestExpenseIncomeDefinedBenefitPlans
52000000 usd
CY2020 ifrs-full Interest Expense Income Defined Benefit Plans
InterestExpenseIncomeDefinedBenefitPlans
49000000 usd
CY2022 ifrs-full Administration Costs Not Reflected In Return On Plan Assets Defined Benefit Plans
AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans
13000000 usd
CY2021 ifrs-full Administration Costs Not Reflected In Return On Plan Assets Defined Benefit Plans
AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans
15000000 usd
CY2020 ifrs-full Administration Costs Not Reflected In Return On Plan Assets Defined Benefit Plans
AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans
16000000 usd
CY2022 ifrs-full Postemployment Benefit Expense Defined Benefit Plans
PostemploymentBenefitExpenseDefinedBenefitPlans
192000000 usd
CY2021 ifrs-full Postemployment Benefit Expense Defined Benefit Plans
PostemploymentBenefitExpenseDefinedBenefitPlans
239000000 usd
CY2020 ifrs-full Postemployment Benefit Expense Defined Benefit Plans
PostemploymentBenefitExpenseDefinedBenefitPlans
205000000 usd
CY2022 ifrs-full Postemployment Benefit Expense Defined Contribution Plans
PostemploymentBenefitExpenseDefinedContributionPlans
367000000 usd
CY2021 ifrs-full Postemployment Benefit Expense Defined Contribution Plans
PostemploymentBenefitExpenseDefinedContributionPlans
315000000 usd
CY2020 ifrs-full Postemployment Benefit Expense Defined Contribution Plans
PostemploymentBenefitExpenseDefinedContributionPlans
264000000 usd
CY2022 ifrs-full Postemployment Benefit Expense In Profit Or Loss
PostemploymentBenefitExpenseInProfitOrLoss
559000000 usd
CY2021 ifrs-full Postemployment Benefit Expense In Profit Or Loss
PostemploymentBenefitExpenseInProfitOrLoss
554000000 usd
CY2020 ifrs-full Postemployment Benefit Expense In Profit Or Loss
PostemploymentBenefitExpenseInProfitOrLoss
469000000 usd
CY2022 rio Defined Benefit Expenses Exlcuded From Underlying Earnings
DefinedBenefitExpensesExlcudedFromUnderlyingEarnings
0 usd
CY2021 rio Defined Benefit Expenses Exlcuded From Underlying Earnings
DefinedBenefitExpensesExlcudedFromUnderlyingEarnings
0 usd
CY2020 rio Defined Benefit Expenses Exlcuded From Underlying Earnings
DefinedBenefitExpensesExlcudedFromUnderlyingEarnings
0 usd
CY2022 ifrs-full Actuarial Gains Losses Arising From Changes In Financial Assumptions Net Defined Benefit Liability Asset
ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset
-3410000000 usd
CY2021 ifrs-full Actuarial Gains Losses Arising From Changes In Financial Assumptions Net Defined Benefit Liability Asset
ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset
-655000000 usd
CY2020 ifrs-full Actuarial Gains Losses Arising From Changes In Financial Assumptions Net Defined Benefit Liability Asset
ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset
1242000000 usd
CY2021 ifrs-full Gain Loss On Changes In Effect Of Limiting Net Defined Benefit Asset To Asset Ceiling
GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling
0 usd
CY2022 ifrs-full Return On Plan Assets Net Defined Benefit Liability Asset
ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset
2831000000 usd
CY2021 ifrs-full Return On Plan Assets Net Defined Benefit Liability Asset
ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset
-371000000 usd
CY2022 ifrs-full Postemployment Benefit Expense In Profit Or Loss
PostemploymentBenefitExpenseInProfitOrLoss
559000000 usd
CY2021 ifrs-full Postemployment Benefit Expense In Profit Or Loss
PostemploymentBenefitExpenseInProfitOrLoss
554000000 usd
CY2020 ifrs-full Postemployment Benefit Expense In Profit Or Loss
PostemploymentBenefitExpenseInProfitOrLoss
469000000 usd
CY2022 rio Defined Benefit Expenses Exlcuded From Underlying Earnings
DefinedBenefitExpensesExlcudedFromUnderlyingEarnings
0 usd
CY2021 rio Defined Benefit Expenses Exlcuded From Underlying Earnings
DefinedBenefitExpensesExlcudedFromUnderlyingEarnings
0 usd
CY2020 rio Defined Benefit Expenses Exlcuded From Underlying Earnings
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ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset
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CY2021 ifrs-full Actuarial Gains Losses Arising From Changes In Financial Assumptions Net Defined Benefit Liability Asset
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CY2020 ifrs-full Actuarial Gains Losses Arising From Changes In Financial Assumptions Net Defined Benefit Liability Asset
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1242000000 usd
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GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling
1000000 usd
CY2021 ifrs-full Gain Loss On Changes In Effect Of Limiting Net Defined Benefit Asset To Asset Ceiling
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CY2020 ifrs-full Gain Loss On Changes In Effect Of Limiting Net Defined Benefit Asset To Asset Ceiling
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CY2022 ifrs-full Return On Plan Assets Net Defined Benefit Liability Asset
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2831000000 usd
CY2021 ifrs-full Return On Plan Assets Net Defined Benefit Liability Asset
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CY2020 ifrs-full Return On Plan Assets Net Defined Benefit Liability Asset
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578000000 usd
CY2021 ifrs-full Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
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1026000000 usd
CY2020 ifrs-full Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
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CY2022Q4 rio Effect Of Asset Ceiling
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CY2021Q4 rio Effect Of Asset Ceiling
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CY2022Q4 ifrs-full Liability Asset Of Defined Benefit Plans
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470000000 usd
CY2021Q4 ifrs-full Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
1028000000 usd
CY2022Q4 rio Deficit In Plan
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1294000000 usd
CY2021Q4 rio Deficit In Plan
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CY2021Q4 rio Surplus In Plan
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CY2022Q4 ifrs-full Surplus Deficit In Plan
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152000000 usd
CY2020 ifrs-full Return On Plan Assets Net Defined Benefit Liability Asset
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CY2022 ifrs-full Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
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CY2021 ifrs-full Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
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CY2020 ifrs-full Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
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CY2022Q4 rio Effect Of Asset Ceiling
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CY2021Q4 rio Effect Of Asset Ceiling
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CY2022Q4 ifrs-full Liability Asset Of Defined Benefit Plans
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470000000 usd
CY2021Q4 ifrs-full Liability Asset Of Defined Benefit Plans
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CY2021Q4 rio Deficit In Plan
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2098000000 usd
CY2022Q4 rio Surplus In Plan
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824000000 usd
CY2021Q4 rio Surplus In Plan
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1070000000 usd
CY2022Q4 ifrs-full Surplus Deficit In Plan
SurplusDeficitInPlan
152000000 usd
CY2021Q4 ifrs-full Surplus Deficit In Plan
SurplusDeficitInPlan
-194000000 usd
CY2022 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
211000000 usd
CY2021 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
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464000000 usd
CY2020 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
201000000 usd
CY2022 rio Contributions To Defined Contribution Plans
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CY2021 rio Contributions To Defined Contribution Plans
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311000000 usd
CY2020 rio Contributions To Defined Contribution Plans
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261000000 usd
CY2022 ifrs-full Contributions To Plan Net Defined Benefit Liability Asset
ContributionsToPlanNetDefinedBenefitLiabilityAsset
574000000 usd
CY2021 ifrs-full Contributions To Plan Net Defined Benefit Liability Asset
ContributionsToPlanNetDefinedBenefitLiabilityAsset
775000000 usd
CY2020 ifrs-full Contributions To Plan Net Defined Benefit Liability Asset
ContributionsToPlanNetDefinedBenefitLiabilityAsset
462000000 usd
CY2022Q4 rio Excess Of Service Cost Over Cash Paid To Defined Contribution Plans
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4000000 usd
CY2022 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
211000000 usd
CY2021 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
464000000 usd
CY2020 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
201000000 usd
CY2022 rio Contributions To Defined Contribution Plans
ContributionsToDefinedContributionPlans
363000000 usd
CY2021 rio Contributions To Defined Contribution Plans
ContributionsToDefinedContributionPlans
311000000 usd
CY2020 rio Contributions To Defined Contribution Plans
ContributionsToDefinedContributionPlans
261000000 usd
CY2022 ifrs-full Contributions To Plan Net Defined Benefit Liability Asset
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574000000 usd
CY2020 ifrs-full Contributions To Plan Net Defined Benefit Liability Asset
ContributionsToPlanNetDefinedBenefitLiabilityAsset
462000000 usd
CY2022Q4 rio Excess Of Service Cost Over Cash Paid To Defined Contribution Plans
ExcessOfServiceCostOverCashPaidToDefinedContributionPlans
4000000 usd
CY2022 ifrs-full Estimate Of Contributions Expected To Be Paid To Plan
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190000000 usd
CY2022 ifrs-full Disclosure Of Net Defined Benefit Liability Asset Explanatory
DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A summary of the movement in the net defined benefit liability is shown in the first table below. The subsequent tables provide a more detailed analysis of the movements in the present value of the obligations and the fair value of assets.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in the net defined benefit liability</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net defined benefit liability at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,273)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts recognised in income statement</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(161)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(31)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(239)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts recognised in other comprehensive income</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">397 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">181 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">578 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,026 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets transferred to defined contribution section</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate (losses)/gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(35)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net defined benefit surplus/(liability) at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(470)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in present value of obligation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligation at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,894)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(17,178)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current employer service costs</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(136)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(143)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(167)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Past service cost</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlements</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">380 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on obligation</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(346)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(24)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(370)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(328)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(22)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefits paid</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">743 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">783 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">837 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Experience (losses)/gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(177)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(170)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Changes in financial assumptions gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,390 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">173 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,563 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">521 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Changes in demographic assumptions gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">869 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">891 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">97 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligation at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,555)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11,177)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span style="color:#ff0090;font-family:'Times New Roman',sans-serif;font-size:3pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in plan assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value of plan assets at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,905 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlements</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(383)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on assets</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">334 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">334 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">276 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by employer</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefits paid</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(743)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(783)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(837)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-investment expenses</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Return on plan assets, net of interest on assets</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">371 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets transferred to defined contribution section</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate losses</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(926)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(926)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(99)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value of plan assets at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2021Q4 ifrs-full Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
1028000000 usd
CY2020Q4 ifrs-full Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
2273000000 usd
CY2022 ifrs-full Disclosure Of Net Defined Benefit Liability Asset Explanatory
DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A summary of the movement in the net defined benefit liability is shown in the first table below. The subsequent tables provide a more detailed analysis of the movements in the present value of the obligations and the fair value of assets.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in the net defined benefit liability</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net defined benefit liability at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(194)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,273)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts recognised in income statement</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(161)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(31)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(192)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(239)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Amounts recognised in other comprehensive income</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">397 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">181 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">578 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,026 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employer contributions</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets transferred to defined contribution section</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate (losses)/gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(57)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(35)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net defined benefit surplus/(liability) at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">152 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(470)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,028)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in present value of obligation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligation at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14,894)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(834)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(17,178)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current employer service costs</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(136)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(143)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(167)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Past service cost</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlements</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">380 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on obligation</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(346)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(24)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(370)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(328)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(20)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(22)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefits paid</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">743 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">783 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">837 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Experience (losses)/gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(177)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(170)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Changes in financial assumptions gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,390 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">173 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,563 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">521 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Changes in demographic assumptions gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate gains</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">869 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">891 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">97 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Present value of obligation at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,555)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(622)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(11,177)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15,728)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span style="color:#ff0090;font-family:'Times New Roman',sans-serif;font-size:3pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pension<br/>benefits<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>benefits<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Total</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Change in plan assets</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value of plan assets at the start of the year</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,905 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Settlements</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(383)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Interest on assets</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">334 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">334 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">276 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by plan participants</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">22 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contributions by employer</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">171 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">211 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Benefits paid</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(743)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(783)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(837)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-investment expenses</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(13)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Return on plan assets, net of interest on assets</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,831)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">371 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets transferred to defined contribution section</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Currency exchange rate losses</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(926)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(926)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(99)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fair value of plan assets at the end of the year</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,708 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,700 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2021Q4 ifrs-full Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
1028000000 usd
CY2020Q4 ifrs-full Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
2273000000 usd
CY2022 ifrs-full Increase Decrease In Net Defined Benefit Liability Asset Resulting From Expense Income In Profit Or Loss
IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss
192000000 usd
CY2021 ifrs-full Increase Decrease In Net Defined Benefit Liability Asset Resulting From Expense Income In Profit Or Loss
IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss
239000000 usd
CY2022 ifrs-full Gain Loss On Remeasurement Of Net Defined Benefit Liability Asset
GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset
578000000 usd
CY2022 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
211000000 usd
CY2021 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
464000000 usd
CY2022 rio Assets Transferredto Defined Contribution
AssetsTransferredtoDefinedContribution
4000000 usd
CY2021 rio Assets Transferredto Defined Contribution
AssetsTransferredtoDefinedContribution
4000000 usd
CY2022 ifrs-full Increase Decrease Through Changes In Foreign Exchange Rates Net Defined Benefit Liability Asset
IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset
35000000 usd
CY2021 ifrs-full Increase Decrease Through Changes In Foreign Exchange Rates Net Defined Benefit Liability Asset
IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset
2000000 usd
CY2022Q4 ifrs-full Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
470000000 usd
CY2021Q4 ifrs-full Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
1028000000 usd
CY2022 ifrs-full Gain Loss On Changes In Effect Of Limiting Net Defined Benefit Asset To Asset Ceiling
GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling
1000000 usd
CY2022 ifrs-full Disclosure Of Sensitivity Analysis For Actuarial Assumptions Explanatory
DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory
<div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">UK</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Switzerland</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rate of increase in pensions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.8 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rate of increase in pensions</span></div></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.8 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The long-term inflation assumption shown for the UK is for the Retail Price Index. The assumption for the Consumer Price Index at 31 December 2022 was 2.7% (2021: 2.7%). </span></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:22.252%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:38.298%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.214%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Approximate<br/>(increase)/decrease in obligations</span></td><td colspan="6" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Approximate<br/>(increase)/<br/>decrease in obligations</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Assumption</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Change in assumption</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>US$m</span></td></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Increase of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">483 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">854 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decrease of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(510)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(34)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(915)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(55)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Increase of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(174)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(393)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decrease of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">168 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">374 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr style="height:20pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Demographic – allowance for future improvements in longevity</span></td><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Participants assumed to have the mortality rates of individuals who are one year older</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">241 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">441 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:20pt"><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Participants assumed to have the mortality rates of individuals who are one year younger</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(241)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(441)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>
CY2022 ifrs-full Increase Decrease In Net Defined Benefit Liability Asset Resulting From Expense Income In Profit Or Loss
IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss
192000000 usd
CY2021 ifrs-full Increase Decrease In Net Defined Benefit Liability Asset Resulting From Expense Income In Profit Or Loss
IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss
239000000 usd
CY2022 ifrs-full Gain Loss On Remeasurement Of Net Defined Benefit Liability Asset
GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset
578000000 usd
CY2021 ifrs-full Gain Loss On Remeasurement Of Net Defined Benefit Liability Asset
GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset
1026000000 usd
CY2022 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
211000000 usd
CY2021 ifrs-full Contributions To Plan By Employer Net Defined Benefit Liability Asset
ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset
464000000 usd
CY2022 rio Assets Transferredto Defined Contribution
AssetsTransferredtoDefinedContribution
4000000 usd
CY2021 rio Assets Transferredto Defined Contribution
AssetsTransferredtoDefinedContribution
4000000 usd
CY2022 ifrs-full Increase Decrease Through Changes In Foreign Exchange Rates Net Defined Benefit Liability Asset
IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset
35000000 usd
CY2021 ifrs-full Increase Decrease Through Changes In Foreign Exchange Rates Net Defined Benefit Liability Asset
IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset
2000000 usd
CY2022Q4 ifrs-full Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
470000000 usd
CY2021Q4 ifrs-full Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
1028000000 usd
CY2022 ifrs-full Gain Loss On Changes In Effect Of Limiting Net Defined Benefit Asset To Asset Ceiling
GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling
1000000 usd
CY2022 ifrs-full Disclosure Of Sensitivity Analysis For Actuarial Assumptions Explanatory
DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory
<div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">UK</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Switzerland</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2022</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4.9 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rate of increase in pensions</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.8 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rate of increase in pensions</span></div></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.9 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.8 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The long-term inflation assumption shown for the UK is for the Retail Price Index. The assumption for the Consumer Price Index at 31 December 2022 was 2.7% (2021: 2.7%). </span></div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:22.252%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:38.298%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.212%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.214%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></td><td colspan="6" style="border-bottom:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="6" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Approximate<br/>(increase)/decrease in obligations</span></td><td colspan="6" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Approximate<br/>(increase)/<br/>decrease in obligations</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Assumption</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Change in assumption</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Pensions<br/>US$m</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other<br/>US$m</span></td></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Discount rate</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Increase of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">483 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">32 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">854 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decrease of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(510)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(34)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(915)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(55)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term inflation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Increase of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(174)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(393)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(14)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Decrease of 0.5 percentage points</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">168 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">374 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr style="height:20pt"><td colspan="3" rowspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Demographic – allowance for future improvements in longevity</span></td><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Participants assumed to have the mortality rates of individuals who are one year older</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">241 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">441 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:20pt"><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Participants assumed to have the mortality rates of individuals who are one year younger</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(241)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(8)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(441)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(15)</span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>
CY2022Q4 ifrs-full Other Material Actuarial Assumptions
OtherMaterialActuarialAssumptions
0.027
CY2021Q4 ifrs-full Other Material Actuarial Assumptions
OtherMaterialActuarialAssumptions
0.027
CY2022 rio Defined Benefit Obligation Weighted Average Expected Future Life Time At Balance Sheet Date
DefinedBenefitObligationWeightedAverageExpectedFutureLifeTimeAtBalanceSheetDate
P27Y
CY2022 rio Defined Benefit Obligation Weighted Average Expected Future Life Time At Balance Sheet Date
DefinedBenefitObligationWeightedAverageExpectedFutureLifeTimeAtBalanceSheetDate
P27Y
CY2021 rio Defined Benefit Obligation Weighted Average Expected Future Life Time At Balance Sheet Date
DefinedBenefitObligationWeightedAverageExpectedFutureLifeTimeAtBalanceSheetDate
P27Y
CY2022 rio Defined Benefit Obligation Weighted Average Expected Future Life After Balance Sheet Date
DefinedBenefitObligationWeightedAverageExpectedFutureLifeAfterBalanceSheetDate
P28Y
CY2021 rio Defined Benefit Obligation Weighted Average Expected Future Life After Balance Sheet Date
DefinedBenefitObligationWeightedAverageExpectedFutureLifeAfterBalanceSheetDate
P28Y
CY2022 ifrs-full Disclosure Of Information About Key Management Personnel Explanatory
DisclosureOfInformationAboutKeyManagementPersonnelExplanatory
<div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">29     Directors’ and key management remuneration </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregate remuneration, calculated in accordance with the UK Companies Act 2006, of the directors of the parent companies was as follows:</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:70.103%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.501%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Emoluments</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,726 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,568 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,686 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term incentive plans</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,691 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,587 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,974 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,417 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,155 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,660 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pension contributions: defined contribution plans</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29 </span></td><td style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group defines key management personnel as the directors and certain members of the Executive Committee. The Executive Committee includes the executive directors, product group chief executive officers and Group executives. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The aggregate remuneration including pension contributions incurred by Rio Tinto plc in respect of its directors was US$10,692,000 (2021: US$7,522,000; 2020: US$14,983,000). The aggregate pension contribution to defined contribution plans was US$10,000 (2021: US$9,000; 2020: US$29,000). The aggregate remuneration, including pension contributions and other retirement benefits, incurred by Rio Tinto Limited in respect of its directors was US$735,000 (2021: US$642,000; 2020: US$707,000). The aggregate pension contribution to defined contribution plans was US$nil (2021: US$nil; 2020: US$nil). </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">During 2022, no director (2021: nil; 2020: nil) accrued retirement benefits under defined benefit arrangements, and two directors (2021: two; 2020: two) accrued retirement benefits under defined contribution arrangements. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Emoluments included in the table above have been translated from local currency at the average exchange rate for the year with the exception of bonus payments, which have been translated at the year-end rate. </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregate compensation, representing the expense recognised, under IFRS as defined in the “Basis of preparation” section, of the Group’s key management, including directors, was as follows:</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:70.103%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.501%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Short-term employee benefits and costs</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,258 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,184 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,685 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post-employment benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">174 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">369 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employment termination benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,789 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Share-based payments</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,846 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,303 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34,954 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,278 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28,787 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59,797 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The figures shown above include employment costs which cover social security and accident premiums in Canada, the UK and payroll taxes in Australia paid by the employer as a direct additional cost of hire. In total, they amount to US$1,173,000 (2021: US$1,511,000; 2020: US$2,130,000).</span></div>
CY2022 rio Key Management Personnel Remuneration
KeyManagementPersonnelRemuneration
6726000 usd
CY2021 rio Key Management Personnel Remuneration
KeyManagementPersonnelRemuneration
6568000 usd
CY2020 rio Key Management Personnel Remuneration
KeyManagementPersonnelRemuneration
6686000 usd
CY2022 rio Key Management Personnel Remuneration Longterm Incentive Plans
KeyManagementPersonnelRemunerationLongtermIncentivePlans
4691000 usd
CY2021 rio Key Management Personnel Remuneration Longterm Incentive Plans
KeyManagementPersonnelRemunerationLongtermIncentivePlans
1587000 usd
CY2020 rio Key Management Personnel Remuneration Longterm Incentive Plans
KeyManagementPersonnelRemunerationLongtermIncentivePlans
8974000 usd
CY2022 rio Key Management Personnel Directors Remuneration
KeyManagementPersonnelDirectorsRemuneration
11417000 usd
CY2021 rio Key Management Personnel Directors Remuneration
KeyManagementPersonnelDirectorsRemuneration
8155000 usd
CY2020 rio Key Management Personnel Directors Remuneration
KeyManagementPersonnelDirectorsRemuneration
15660000 usd
CY2021 rio Defined Benefit Obligation Weighted Average Expected Future Life Time At Balance Sheet Date
DefinedBenefitObligationWeightedAverageExpectedFutureLifeTimeAtBalanceSheetDate
P27Y
CY2022 rio Defined Benefit Obligation Weighted Average Expected Future Life After Balance Sheet Date
DefinedBenefitObligationWeightedAverageExpectedFutureLifeAfterBalanceSheetDate
P28Y
CY2021 rio Defined Benefit Obligation Weighted Average Expected Future Life After Balance Sheet Date
DefinedBenefitObligationWeightedAverageExpectedFutureLifeAfterBalanceSheetDate
P28Y
CY2022 ifrs-full Disclosure Of Information About Key Management Personnel Explanatory
DisclosureOfInformationAboutKeyManagementPersonnelExplanatory
<div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">29     Directors’ and key management remuneration </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregate remuneration, calculated in accordance with the UK Companies Act 2006, of the directors of the parent companies was as follows:</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:70.103%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.501%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Emoluments</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,726 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,568 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,686 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Long-term incentive plans</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,691 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,587 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,974 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,417 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,155 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,660 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pension contributions: defined contribution plans</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10 </span></td><td style="background-color:#f1f9fa;border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9 </span></td><td style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29 </span></td><td style="border-bottom:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group defines key management personnel as the directors and certain members of the Executive Committee. The Executive Committee includes the executive directors, product group chief executive officers and Group executives. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The aggregate remuneration including pension contributions incurred by Rio Tinto plc in respect of its directors was US$10,692,000 (2021: US$7,522,000; 2020: US$14,983,000). The aggregate pension contribution to defined contribution plans was US$10,000 (2021: US$9,000; 2020: US$29,000). The aggregate remuneration, including pension contributions and other retirement benefits, incurred by Rio Tinto Limited in respect of its directors was US$735,000 (2021: US$642,000; 2020: US$707,000). The aggregate pension contribution to defined contribution plans was US$nil (2021: US$nil; 2020: US$nil). </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">During 2022, no director (2021: nil; 2020: nil) accrued retirement benefits under defined benefit arrangements, and two directors (2021: two; 2020: two) accrued retirement benefits under defined contribution arrangements. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Emoluments included in the table above have been translated from local currency at the average exchange rate for the year with the exception of bonus payments, which have been translated at the year-end rate. </span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregate compensation, representing the expense recognised, under IFRS as defined in the “Basis of preparation” section, of the Group’s key management, including directors, was as follows:</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:70.103%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.501%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$'000</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Short-term employee benefits and costs</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">14,258 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">18,184 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21,685 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Post-employment benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">174 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">300 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">369 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Employment termination benefits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,789 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Share-based payments</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,846 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">10,303 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34,954 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,278 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">28,787 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59,797 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The figures shown above include employment costs which cover social security and accident premiums in Canada, the UK and payroll taxes in Australia paid by the employer as a direct additional cost of hire. In total, they amount to US$1,173,000 (2021: US$1,511,000; 2020: US$2,130,000).</span></div>
CY2022 rio Key Management Personnel Remuneration
KeyManagementPersonnelRemuneration
6726000 usd
CY2021 rio Key Management Personnel Remuneration
KeyManagementPersonnelRemuneration
6568000 usd
CY2020 rio Key Management Personnel Remuneration
KeyManagementPersonnelRemuneration
6686000 usd
CY2022 rio Key Management Personnel Remuneration Longterm Incentive Plans
KeyManagementPersonnelRemunerationLongtermIncentivePlans
4691000 usd
CY2021 rio Key Management Personnel Remuneration Longterm Incentive Plans
KeyManagementPersonnelRemunerationLongtermIncentivePlans
1587000 usd
CY2020 rio Key Management Personnel Remuneration Longterm Incentive Plans
KeyManagementPersonnelRemunerationLongtermIncentivePlans
8974000 usd
CY2022 rio Key Management Personnel Directors Remuneration
KeyManagementPersonnelDirectorsRemuneration
11417000 usd
CY2021 rio Key Management Personnel Directors Remuneration
KeyManagementPersonnelDirectorsRemuneration
8155000 usd
CY2020 rio Key Management Personnel Directors Remuneration
KeyManagementPersonnelDirectorsRemuneration
15660000 usd
CY2022 rio Key Management Personnel Remuneration Pension Contributions To Defined Contribution Plans
KeyManagementPersonnelRemunerationPensionContributionsToDefinedContributionPlans
10000 usd
CY2022 rio Key Management Personnel Remuneration Pension Contributions To Defined Contribution Plans
KeyManagementPersonnelRemunerationPensionContributionsToDefinedContributionPlans
10000 usd
CY2021 rio Key Management Personnel Remuneration Pension Contributions To Defined Contribution Plans
KeyManagementPersonnelRemunerationPensionContributionsToDefinedContributionPlans
9000 usd
CY2020 rio Key Management Personnel Remuneration Pension Contributions To Defined Contribution Plans
KeyManagementPersonnelRemunerationPensionContributionsToDefinedContributionPlans
29000 usd
CY2022 ifrs-full Key Management Personnel Compensation Shortterm Employee Benefits
KeyManagementPersonnelCompensationShorttermEmployeeBenefits
14258000 usd
CY2021 ifrs-full Key Management Personnel Compensation Shortterm Employee Benefits
KeyManagementPersonnelCompensationShorttermEmployeeBenefits
18184000 usd
CY2020 ifrs-full Key Management Personnel Compensation Shortterm Employee Benefits
KeyManagementPersonnelCompensationShorttermEmployeeBenefits
21685000 usd
CY2022 ifrs-full Key Management Personnel Compensation Postemployment Benefits
KeyManagementPersonnelCompensationPostemploymentBenefits
174000 usd
CY2021 ifrs-full Key Management Personnel Compensation Postemployment Benefits
KeyManagementPersonnelCompensationPostemploymentBenefits
300000 usd
CY2020 ifrs-full Key Management Personnel Compensation Postemployment Benefits
KeyManagementPersonnelCompensationPostemploymentBenefits
369000 usd
CY2022 ifrs-full Key Management Personnel Compensation Termination Benefits
KeyManagementPersonnelCompensationTerminationBenefits
0 usd
CY2021 ifrs-full Key Management Personnel Compensation Termination Benefits
KeyManagementPersonnelCompensationTerminationBenefits
0 usd
CY2020 ifrs-full Key Management Personnel Compensation Termination Benefits
KeyManagementPersonnelCompensationTerminationBenefits
2789000 usd
CY2021 ifrs-full Key Management Personnel Compensation Sharebased Payment
KeyManagementPersonnelCompensationSharebasedPayment
10303000 usd
CY2021 rio Key Management Personnel Remuneration Pension Contributions To Defined Contribution Plans
KeyManagementPersonnelRemunerationPensionContributionsToDefinedContributionPlans
9000 usd
CY2020 rio Key Management Personnel Remuneration Pension Contributions To Defined Contribution Plans
KeyManagementPersonnelRemunerationPensionContributionsToDefinedContributionPlans
29000 usd
CY2022 ifrs-full Key Management Personnel Compensation Shortterm Employee Benefits
KeyManagementPersonnelCompensationShorttermEmployeeBenefits
14258000 usd
CY2021 ifrs-full Key Management Personnel Compensation Shortterm Employee Benefits
KeyManagementPersonnelCompensationShorttermEmployeeBenefits
18184000 usd
CY2020 ifrs-full Key Management Personnel Compensation Shortterm Employee Benefits
KeyManagementPersonnelCompensationShorttermEmployeeBenefits
21685000 usd
CY2022 ifrs-full Key Management Personnel Compensation Postemployment Benefits
KeyManagementPersonnelCompensationPostemploymentBenefits
174000 usd
CY2021 ifrs-full Key Management Personnel Compensation Postemployment Benefits
KeyManagementPersonnelCompensationPostemploymentBenefits
300000 usd
CY2020 ifrs-full Key Management Personnel Compensation Postemployment Benefits
KeyManagementPersonnelCompensationPostemploymentBenefits
369000 usd
CY2022 ifrs-full Key Management Personnel Compensation Termination Benefits
KeyManagementPersonnelCompensationTerminationBenefits
0 usd
CY2021 ifrs-full Key Management Personnel Compensation Termination Benefits
KeyManagementPersonnelCompensationTerminationBenefits
0 usd
CY2020 ifrs-full Key Management Personnel Compensation Termination Benefits
KeyManagementPersonnelCompensationTerminationBenefits
2789000 usd
CY2022 ifrs-full Key Management Personnel Compensation Sharebased Payment
KeyManagementPersonnelCompensationSharebasedPayment
10846000 usd
CY2021 ifrs-full Key Management Personnel Compensation Sharebased Payment
KeyManagementPersonnelCompensationSharebasedPayment
10303000 usd
CY2020 ifrs-full Key Management Personnel Compensation Sharebased Payment
KeyManagementPersonnelCompensationSharebasedPayment
34954000 usd
CY2022 ifrs-full Key Management Personnel Compensation
KeyManagementPersonnelCompensation
25278000 usd
CY2021 ifrs-full Key Management Personnel Compensation
KeyManagementPersonnelCompensation
28787000 usd
CY2020 ifrs-full Key Management Personnel Compensation
KeyManagementPersonnelCompensation
59797000 usd
CY2022 ifrs-full Other Employee Expense
OtherEmployeeExpense
1173000 usd
CY2021 ifrs-full Other Employee Expense
OtherEmployeeExpense
1511000 usd
CY2020 ifrs-full Other Employee Expense
OtherEmployeeExpense
2130000 usd
CY2022 ifrs-full Disclosure Of Interests In Subsidiaries Explanatory
DisclosureOfInterestsInSubsidiariesExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">30     Principal subsidiaries </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At 31 December 2022 </span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:30.275%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.547%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.796%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.920%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.519%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.519%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.633%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.519%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.519%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.353%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Company and country of incorporation/operation</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Principal activities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Class of shares<br/>held</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Proportion of class held (%)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Group <br/>interest<br/>(voting %)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Other<br/>interest (voting %)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Argyle Diamonds Limited</span></div></td><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mining and processing of diamonds (until November 2020)</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Class A</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Class B</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dampier Salt Limited</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Salt and gypsum production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68.36 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68.36 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31.64 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Energy Resources of Australia Ltd</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uranium processing (until January 2021)</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.33 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.33 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.67 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Hamersley Iron Pty Limited</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">North Mining Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Aluminium (Holdings) Limited</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bauxite mining; alumina production; primary aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Robe River Mining Co Pty Ltd</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Class A</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73.61 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" rowspan="2" style="padding:0 1pt"/><td colspan="3" rowspan="2" style="padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26.39 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Class B</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">76.36 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Brazil</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto do Brasil Ltda.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alumina production and bauxite mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Quota</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diavik Diamond Mines (2012) Inc.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diamond mining and processing</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron Ore Company of Canada</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="3" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining; iron ore pellets production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Series A</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">91.41 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58.72 </span></td><td rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">41.28 </span></td><td rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:11pt"><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Series E</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Series F</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Alcan Inc.</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bauxite mining; alumina refining; aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Fer et Titane Inc.</span></div></td><td colspan="3" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Titanium dioxide feedstock; high purity iron and steel production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Class B preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Guinea</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Simfer Jersey Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore project</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Madagascar</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">QIT Madagascar Minerals SA</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ilmenite mining</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">84.20 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79.98 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.02 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:20pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investment certificates</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mongolia</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper and gold mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">South Africa</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Richards Bay Titanium (Proprietary) Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Titanium dioxide; high purity iron production</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">B Ordinary</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73.97 </span></td><td rowspan="3" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" rowspan="3" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26.03 </span></td><td rowspan="3" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">B Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Parent Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Richards Bay Mining (Proprietary) Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ilmenite, rutile and zircon mining</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">B Ordinary</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73.97 </span></td><td rowspan="3" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" rowspan="3" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26.03 </span></td><td rowspan="3" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">B Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Parent Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Kennecott Holdings Corporation (including Kennecott Utah Copper and Kennecott Exploration)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper and gold mining, smelting and refining and exploration activities</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">U.S. Borax Inc.</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mining, refining and marketing of borates</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Robe River Mining Co Pty Ltd (which is 60% owned by the Group) holds a 30% economic interest in Robe River Iron Associates (Robe River). North Mining Ltd (which is wholly owned by the Group) holds a 35% economic interest in Robe River. Through these companies the Group recognises a 65% share of the assets, liabilities, revenues and expenses of Robe River, with a 12% non-controlling interest. The Group therefore has a 53% economic interest in Robe River. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Rio Tinto do Brasil Ltda holds the Group’s 10% interest in Consórcio De Alumínio Do Maranhão, a joint operation in which the Group participates but is not a joint operator. The Group recognises its share of assets, liabilities, revenues and expenses relating to this arrangement. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Iron Ore Company of Canada is incorporated in the US, but operates in Canada.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Simfer Jersey Limited, a company incorporated in Jersey in which the Group has a 53% interest, has an 85% interest in Simfer S.A., the company that operates the Simandou mining project in Guinea. The Group therefore has a 45.05% indirect interest in Simfer S.A. These entities are consolidated as subsidiaries and together referred to as the Simandou iron ore project. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">The Group’s shareholding in QIT Madagascar Minerals SA carries an 80% economic interest and 80% of the total voting rights; a further 5% economic interest is held through non-voting investment certificates to give an economic interest of 85%. The non-controlling interests have a 15% economic interest and 20% of the total voting rights. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">On 16 December 2022, we purchased the remaining 49% share of Turquoise Hill Resources Ltd. The Group now holds a 66% direct interest in Oyu Tolgoi LLC (OT). Up until December 2022 the Group had a 50.79% interest in Turquoise Hill Resources Ltd, which held a 66% interest in OT. The Group therefore had a 33.5% indirect interest in OT. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Additional classes of shares issued by Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited representing non-controlling interests are not shown. The Group’s total legal and beneficial interest in Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited is 74%. </span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">30     Principal subsidiaries </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Summary financial information for subsidiaries that have non-controlling interests that are material to the Group</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">This summarised financial information is shown on a 100% basis. It represents the amounts shown in the subsidiaries’ financial statements prepared in accordance with IFRS under Group accounting policies, including fair value adjustments, and before intercompany eliminations</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Income statement summary for the year ended 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Iron Ore</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Company of</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Canada</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Iron Ore</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Company of</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Canada</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(h)(i)(j)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(h)(i)(j)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Revenue</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,634 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,308 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,424 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,971 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Profit/(loss) after tax</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">756 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,193 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(224)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">465 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to non-controlling interests</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">312 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">493 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(159)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">285 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to Rio Tinto</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">444 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(65)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">180 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other comprehensive (loss)/income</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(111)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">39 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total comprehensive income/(loss)</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">645 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,232 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(224)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">465 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet summary as at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> 2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,963 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,974 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,662 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,199 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current assets</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">774 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">599 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">753 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">523 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current liabilities</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(499)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(581)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,253)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,172)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current liabilities</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(974)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,020)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,731)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9,874)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,264 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,972 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(569)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(324)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to non-controlling interests</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">946 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">818 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(210)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(89)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to Rio Tinto</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,318 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,154 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(359)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(235)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow statement summary for the year ended 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow from operations</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,153 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,119 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">406 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">851 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends paid to non-controlling interests</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(142)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(495)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(h)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.39pt">On 16 December 2022, we purchased the remaining 49% share of Turquoise Hill Resources Ltd. At 31 December 2022 cash consideration paid totalled US$2,961 million. Certain shareholders exercised their right to dissent to the transaction. In accordance with the terms of the circular, those dissenting shareholders have received initial consideration of C$34.4 per share, with final consideration to be determined by an independent arbitrator. We have included within other provisions US$211 million for additional consideration to be paid to the dissenting shareholders representing the difference between their initial consideration and C$43 per share paid to all other shareholders. As the transaction is with shareholders in their capacity as owners the transaction did not result in an income statement impact; however, re-measurement in future periods could result in an adjustment through the income statement. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(i)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:9.37pt">Under the terms of the project finance facility held by Oyu Tolgoi LLC, there are certain restrictions on the ability of Oyu Tolgoi LLC to make shareholder distributions. </span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(j)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:9.27pt">Refer to the note Oyu Tolgoi: approval for commencement of underground operations below regarding the treatment of funding balances.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:41.306%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.504%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Income statement summary for the year ended 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Robe River Mining Co Pty<br/>2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Robe River Mining Co Pty<br/>2021<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other companies and eliminations</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(k)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other companies and eliminations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(k)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Robe River</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Robe River</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Revenue</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,703 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,454 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,987 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,863 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,690 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,317 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Profit after tax</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">802 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,352 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">875 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,677 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,870 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to non-controlling interests</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">322 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">541 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">322 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">541 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to Rio Tinto</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">480 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">811 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">875 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,355 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,329 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other comprehensive loss</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(206)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(183)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(111)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(97)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(317)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(280)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total comprehensive income</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">596 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,169 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">764 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,421 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,360 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,590 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:41.306%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.504%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet summary as at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,846 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,472 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,975 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,166 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,821 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,638 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current assets</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">756 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">495 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">609 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,118 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,365 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,613 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current liabilities</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(112)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(371)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,724)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(329)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,836)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(700)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current liabilities</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(422)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(421)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(564)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,378)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(986)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,799)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,068 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,175 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,296 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,577 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,364 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,752 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to non-controlling interests</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,225 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,268 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,225 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,268 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to Rio Tinto</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,843 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,907 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,296 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,577 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,139 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,484 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:41.306%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.504%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow statement summary for the year ended 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow from operations</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">1,435</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,130 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">1,981</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,512 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">3,416</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,642 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends paid to non-controlling interests</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">(278)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(589)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">—</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">(278)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(589)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(k)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.68pt">“Other companies and eliminations” includes North Mining Limited (a wholly-owned subsidiary of the Group which accounts for its interest in Robe River) and goodwill of US$337 million (2021: US$362 million) that arose on the Group’s acquisition of its interest in Robe River.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Oyu Tolgoi: approval for commencement of underground operations</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On 25 January 2022, Rio Tinto, Turquoise Hill Resources Ltd (Turquoise Hill) and the Government of Mongolia announced their agreement, and unanimous approval by the Board of Oyu Tolgoi, to commence the underground operations.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">As part of a comprehensive project budget and funding package undertaken between the parties in reaching this agreement, Turquoise Hill agreed to waive in full, funding balances arising from a carry account loan with Erdenes Oyu Tolgoi (Erdenes) of US$2.4 billion. This comprised the amount of common share investments in Oyu Tolgoi LLC funded by Turquoise Hill on behalf of Erdenes to build the project to date, plus US$1.0 billion of accrued interest. The waiver took effect on 25 January 2022. Rio Tinto and Turquoise Hill also agreed a plan to deliver the funding required until sustainable underground production is reached.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Prior to the waiver agreement, the funding balances owing from Erdenes to Turquoise Hill were expected to be repaid via a pledge over Erdenes’ share of future Oyu Tolgoi common share dividends. For this reason, and because the arrangement was between Turquoise Hill and Erdenes rather than with Oyu Tolgoi LLC itself, both the principal and interest were treated as transactions with owners acting in their capacity as owners. Consequently, at 31 December 2021, related amounts were recorded as a reduction in the share of equity attributable to non-controlling interests, resulting in an increase to the effective interest in Oyu Tolgoi attributable to owners of Rio Tinto.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Funding balances owing from Erdenes to Turquoise Hill were not classified as loan receivables in the Group Balance Sheet, and there was no interest income shown in the Group Income Statement. Accumulation of interest on the funding balances increased the share of retained earnings attributable to Rio Tinto as it accrued.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Waiving the funding balances owing from Erdenes to Turquoise Hill increases Erdenes’ economic share arising through entitlement to cash flows from future dividends of Oyu Tolgoi. In the 2022 Group results, there is no Income Statement charge for loan forgiveness or write-off as a result of the waiver, and net assets and liabilities for Oyu Tolgoi included in the Group Balance sheet remained unchanged as a result of this transaction. There was no exchange of cash or other financial assets between parties and there has been no change to the underlying free cash flows of the Oyu Tolgoi operations and development project. The waiver did not have an impact on the Group's assessment of impairment indicators for either 2021 or 2022, since it related to the project shareholders' funding arrangements rather than the economic capability of the Cash Generating Unit itself. A reallocation of the net asset value allocation between the owners of Oyu Tolgoi has been recorded in the Group Statement of Changes in Equity for 2022 by reducing equity attributable to owners of Rio Tinto and increasing equity attributable to non-controlling interests.</span></div>
CY2022 ifrs-full Disclosure Of Interests In Joint Arrangements Explanatory
DisclosureOfInterestsInJointArrangementsExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">31     Principal joint operations </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At 31 December 2022</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.776%"><tr><td style="width:1.0%"/><td style="width:40.920%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.721%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.059%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Company and country of incorporation/operation</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Principal activities</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Group interest (%)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tomago Aluminium Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.6</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gladstone Power Station Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Power generation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42.1</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Hope Downs Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Queensland Alumina Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alumina production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">80</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pilbara Iron Arrangements</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Infrastructure, corporate and mining services</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See other relevant judgments call out box below</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">New Zealand</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">New Zealand Aluminium Smelters Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79.4</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminerie Alouette Inc.</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pechiney Reynolds Quebec Inc</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)(c)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.2</span></td></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Although the Group has a 79.4% interest in New Zealand Aluminium Smelters Limited and an 80% interest in Queensland Alumina Limited, decisions about activities that significantly affect the returns that are generated require agreement of both parties to the arrangements, giving rise to joint control, refer to other relevant judgments below. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Queensland Alumina Limited, New Zealand Aluminium Smelters Limited and Pechiney Reynolds Quebec Inc. are joint arrangements that are primarily designed for the provision of output to the parties sharing joint control; this indicates that the parties have rights to substantially all the economic benefits of the assets. The liabilities of the arrangements are in substance satisfied by cash flows received from the parties; this dependence indicates that the parties in effect have obligations for the liabilities. It is these facts and circumstances that gives rise to the classification of these entities as joint operations. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Pechiney Reynolds Quebec Inc. has a 50.1% interest in the Aluminerie de Bécancour, Inc. aluminium smelter, which is located in Canada. As Rio Tinto owns 50.2% of Pechiney Reynolds Quebec Inc our effective ownership of the Becancour smelter is 25.1%.</span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">31     Principal joint operations </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">continued</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Basis of consolidation of Queensland Alumina Limited (‘QAL’)</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Judgment is sometimes required to assess whether, after considering all relevant factors, we have control or joint control. QAL is 80% owned by Rio Tinto and 20% owned by RUSAL. Typically such ownership interests would provide control; however, we have determined in this case that the shareholders’ agreement, which requires unanimous agreement over certain relevant activities of QAL, means that this non-managed operation is jointly controlled. The entity operates the joint operation on a tolling basis, processing bauxite supplied by the shareholders into alumina, which they off-take in their respective ownership share.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Following the Australian Governments’s imposition of Trade Sanctions against Russia, QAL considered that they were no longer able to process bauxite on behalf of RUSAL and therefore enacted the “step-in” clause of the shareholders’ agreement that enabled Rio Tinto to contribute additional bauxite tonnes to ensure that 100% of production capacity was maintained. The decisions requiring unanimous consent referred to above are restricted during the step-in period. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Due to the step-in, we have re-assessed whether our conclusion of having joint control is still valid, considering we own 80% of the entity but currently take all plant production. If this resulted in our control of QAL we would need to account for that change as a business combination. Based on the following facts:</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">RUSAL has commenced proceedings in the Australian Federal Court contending that the sanctions should not apply in these circumstances and therefore the step-in rights should not apply; and </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">the continued operation of the shareholders’ agreement, incorporating the “step-in” clause,</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">we have concluded that we have joint control of the entity at 31 December 2022 and therefore continue to account for QAL as a joint operation. </span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Accounting for the Pilbara Iron Arrangements</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A number of arrangements are in place amongst the Australian Iron Ore operations, managed by Rio Tinto, which allow their respective assets to be operated as a single integrated network across the Pilbara region. In assessing the Pilbara Iron Arrangements, it has been concluded that they collectively constitute a joint operation on the basis that decisions about relevant activities require unanimous consent. The resulting efficiencies are shared between Rio Tinto and Robe River Iron Associates (Robe River), and the parties fund all of the cash flow requirements of Pilbara Iron (Company) Services Pty Ltd and Pilbara Iron Pty Ltd.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Each of the partners in the joint operation is able to request the other to construct assets on their tenure to increase the capacity of the rail and port infrastructure network. The requesting partner’s (Asset User’s) share of the capacity of the network will increase by the capacity of the newly constructed asset, but generally that capacity may be provided from any of the network assets. The Asset User will pay an annual charge (Committed Use Charge – “CUC”) over a contractually specified period irrespective of network usage. The constructing partner (Asset Owner) has an ongoing obligation to make available capacity from those assets and to maintain the assets in good working order as required under relevant State Agreements and associated tenure. The arrangements are managed through two wholly owned subsidiaries: Pilbara Iron (Company) Services Pty Ltd and Pilbara Iron Pty Ltd.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have also considered whether the CUC arrangements give rise to a lease between the Asset Owner and the Asset User. We have concluded that they do not, as there is no specified asset; rather the Asset User has a first priority right to the capacity in the CUC asset. This treatment was grandfathered on adoption of IFRS 16 on 1 January 2019, following assessment under the preceding standards IAS 17 “Leases” and IFRIC 4 “Determining whether an arrangement contains a lease”, with no change to the conclusion under IFRS 16 for subsequent expenditure subject to the existing CUC arrangements. Management considers that these arrangements are unique and has used judgment to apply the principles of IFRS to the accounting for the arrangements as described above. The obligation of the Asset Owner to make capacity available is fulfilled over time and not at a point in time. The CUC arrangement is therefore an executory contract as defined under IAS 37, whereby neither party has performed any of its obligations, or both parties have partially performed their obligations to an equal extent, and so the CUC payments are expensed as incurred. An alternative interpretation of the fact pattern could have resulted in a gross presentation in the Group’s balance sheet with an asset and a corresponding liability to reflect the present value of the CUC payments. The Asset User is a wholly owned subsidiary of Rio Tinto, whereas the Asset Owner is a joint operation. This impact would be some US$948 million (calculated on the basis of grossing up the tax written down value of the CUC assets). Other methods of calculating the gross-up might give rise to different numbers. </span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div>
CY2022 ifrs-full Disclosure Of Joint Operations Explanatory
DisclosureOfJointOperationsExplanatory
<div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At 31 December 2022</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.776%"><tr><td style="width:1.0%"/><td style="width:40.920%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.721%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.059%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Company and country of incorporation/operation</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Principal activities</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Group interest (%)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tomago Aluminium Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.6</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gladstone Power Station Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Power generation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42.1</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Hope Downs Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Queensland Alumina Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alumina production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">80</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pilbara Iron Arrangements</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Infrastructure, corporate and mining services</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See other relevant judgments call out box below</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">New Zealand</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">New Zealand Aluminium Smelters Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79.4</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminerie Alouette Inc.</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pechiney Reynolds Quebec Inc</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)(c)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.2</span></td></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Although the Group has a 79.4% interest in New Zealand Aluminium Smelters Limited and an 80% interest in Queensland Alumina Limited, decisions about activities that significantly affect the returns that are generated require agreement of both parties to the arrangements, giving rise to joint control, refer to other relevant judgments below. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Queensland Alumina Limited, New Zealand Aluminium Smelters Limited and Pechiney Reynolds Quebec Inc. are joint arrangements that are primarily designed for the provision of output to the parties sharing joint control; this indicates that the parties have rights to substantially all the economic benefits of the assets. The liabilities of the arrangements are in substance satisfied by cash flows received from the parties; this dependence indicates that the parties in effect have obligations for the liabilities. It is these facts and circumstances that gives rise to the classification of these entities as joint operations. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Pechiney Reynolds Quebec Inc. has a 50.1% interest in the Aluminerie de Bécancour, Inc. aluminium smelter, which is located in Canada. As Rio Tinto owns 50.2% of Pechiney Reynolds Quebec Inc our effective ownership of the Becancour smelter is 25.1%.</span></div>
CY2022 rio Noncancellable Operating Lease Commitments Not Expected To Be Charged Against Ebitda
NoncancellableOperatingLeaseCommitmentsNotExpectedToBeChargedAgainstEBITDA
948000000 usd
CY2022 ifrs-full Disclosure Of Reconciliation Of Summarised Financial Information Of Joint Venture Accounted For Using Equity Method To Carrying Amount Of Interest In Joint Venture Explanatory
DisclosureOfReconciliationOfSummarisedFinancialInformationOfJointVentureAccountedForUsingEquityMethodToCarryingAmountOfInterestInJointVentureExplanatory
<div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:31.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:31.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Company and country of incorporation/operation</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Principal activities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Number of <br/>shares held</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Class of <br/>shares <br/>held</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Proportion <br/>of class <br/>held (%)</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Group <br/>interest <br/>(%)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Chile</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Minera Escondida Ltda</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper mining and refining</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">30 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oman</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sohar Aluminium Co. L.L.C.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting; power generation</span></div></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">37,500 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:17.86pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:11.29pt">The year-end of Minera Escondida Ltda is 30 June. The amounts included in the consolidated financial statements of Rio Tinto are, however, based on financial statements of Minera Escondida Limitada that are coterminous with those of the Group. The Company has no share class. </span></div><div style="padding-left:17.86pt;text-indent:-18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:10.94pt">Although the Group holds a 20% interest in Sohar Aluminium Co. L.L.C, decisions about relevant activities that significantly affect the returns that are generated require agreement of all parties to the arrangement. It is therefore determined that Rio Tinto has joint control.</span></div><div style="margin-bottom:2pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">This summarised financial information is shown on a 100% basis. It represents the amounts shown in the joint ventures’ financial statements prepared in accordance with IFRS under Group accounting policies, including fair value adjustments and amounts due to and from Rio Tinto.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:61.077%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.358%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Minera Escondida Ltda</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(c)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Minera Escondida Ltda</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(c)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Sohar Aluminium Co.L.L.C.</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(d)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Sohar Aluminium Co.L.L.C.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(d)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Revenue</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8,760 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">9,783 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,130 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">900 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Depreciation and amortisation</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,100)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,160)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(120)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(115)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other operating costs</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,280)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,066)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(685)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(510)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Operating profit</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,380 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,557 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">325 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">275 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Finance expense</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(207)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(134)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(35)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(30)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Income tax</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,590)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,133)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(45)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(35)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Profit after tax</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,583 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,290 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">245 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">210 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other comprehensive profit</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total comprehensive income</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,600 </span></td><td style="background-color:#f1f9fa;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,330 </span></td><td style="border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.25pt solid #808080;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">245 </span></td><td style="background-color:#f1f9fa;border-top:0.25pt solid #808080;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">210 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,853 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11,490 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,713 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,765 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current assets</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,563 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,857 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">389 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">360 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current liabilities</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,450)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,017)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(167)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(175)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current liabilities</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(5,063)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,633)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(700)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(730)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,903 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,697 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,235 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,220 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Assets and liabilities above include:</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– cash and cash equivalents</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">377 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">857 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– current financial liabilities</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(340)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(550)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(25)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(40)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– non-current financial liabilities</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,060)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,660)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(530)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(560)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends received from joint venture (Rio Tinto share)</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">813 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,374 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">46 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Reconciliation of the above amounts to the investment recognised in the Group balance sheet</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.494%"><tr><td style="width:1.0%"/><td style="width:61.489%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.252%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.252%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.252%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.255%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Group interest</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">30 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">20 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">%</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net assets</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,903 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,697 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,235 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,220 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Group’s ownership interest</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,371 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,309 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">247 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">244 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Carrying value of Group’s interest</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,371 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,309 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">247 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">244 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">In addition to its “Investment in equity accounted units”, the Group recognises deferred tax liabilities of US$328 million (2021: US$322 million) relating to tax on unremitted earnings of equity accounted units. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">As part of financing agreements, there are certain restrictions on the ability of Sohar Aluminium Co. L.L.C to make shareholder distributions.</span></div>
CY2022 ifrs-full Disclosure Of Significant Investments In Associates Explanatory
DisclosureOfSignificantInvestmentsInAssociatesExplanatory
<div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At 31 December 2022 </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.351%"><tr><td style="width:1.0%"/><td style="width:25.845%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.761%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.689%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.689%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.952%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.952%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.694%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Company and country of incorporation/operation</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Principal activities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Number of <br/>shares held</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Class of <br/>shares held</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Proportion <br/>of class <br/>held (%)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Group <br/>interest <br/>(%)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Boyne Smelters Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">153,679,560 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59.4 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59.4 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Brazil</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mineração Rio do Norte S.A.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bauxite mining</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,000,000,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:11pt"><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47,000,000,000 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Preferred</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.75 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Halco (Mining) Inc.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bauxite mining</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,500 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The parties that collectively control Boyne Smelters Limited do so through decisions that are determined on an aggregate voting interest that can be achieved by several combinations of the parties. Although each combination requires Rio Tinto’s approval, this is not joint control as defined under IFRS 11 “Joint Arrangements”. Rio Tinto is therefore determined to have significant influence over this company.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Although the Group holds only 12% of Mineração Rio do Norte S.A., it has representation on its board of directors and a consequent ability to participate in the financial and operating policy decisions. It is therefore determined that Rio Tinto has significant influence.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Halco (Mining) Inc. has a 51% indirect interest in Compagnie des Bauxites de Guinée, a bauxite mine, the core assets of which are located in Guinea.</span></div>
CY2020 ifrs-full Key Management Personnel Compensation Sharebased Payment
KeyManagementPersonnelCompensationSharebasedPayment
34954000 usd
CY2022 ifrs-full Key Management Personnel Compensation
KeyManagementPersonnelCompensation
25278000 usd
CY2021 ifrs-full Key Management Personnel Compensation
KeyManagementPersonnelCompensation
28787000 usd
CY2020 ifrs-full Key Management Personnel Compensation
KeyManagementPersonnelCompensation
59797000 usd
CY2022 ifrs-full Other Employee Expense
OtherEmployeeExpense
1173000 usd
CY2020 ifrs-full Other Employee Expense
OtherEmployeeExpense
2130000 usd
CY2022 ifrs-full Disclosure Of Interests In Subsidiaries Explanatory
DisclosureOfInterestsInSubsidiariesExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">30     Principal subsidiaries </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At 31 December 2022 </span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:30.275%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.547%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.796%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.920%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.519%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.519%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:5.633%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.519%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.519%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.353%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Company and country of incorporation/operation</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Principal activities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Class of shares<br/>held</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Proportion of class held (%)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Group <br/>interest<br/>(voting %)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Other<br/>interest (voting %)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Argyle Diamonds Limited</span></div></td><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mining and processing of diamonds (until November 2020)</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Class A</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Class B</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dampier Salt Limited</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Salt and gypsum production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68.36 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">68.36 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">31.64 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Energy Resources of Australia Ltd</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Uranium processing (until January 2021)</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.33 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86.33 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.67 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Hamersley Iron Pty Limited</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">North Mining Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td rowspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Aluminium (Holdings) Limited</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bauxite mining; alumina production; primary aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Robe River Mining Co Pty Ltd</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Class A</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73.61 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" rowspan="2" style="padding:0 1pt"/><td colspan="3" rowspan="2" style="padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26.39 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Class B</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">76.36 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Brazil</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto do Brasil Ltda.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alumina production and bauxite mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Quota</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diavik Diamond Mines (2012) Inc.</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Diamond mining and processing</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron Ore Company of Canada</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="3" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining; iron ore pellets production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Series A</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">91.41 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">58.72 </span></td><td rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">41.28 </span></td><td rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:11pt"><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Series E</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Series F</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Alcan Inc.</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bauxite mining; alumina refining; aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #939292;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #939292;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Rio Tinto Fer et Titane Inc.</span></div></td><td colspan="3" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Titanium dioxide feedstock; high purity iron and steel production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td rowspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Class B preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Guinea</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Simfer Jersey Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(d)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore project</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">53 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Madagascar</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">QIT Madagascar Minerals SA</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(e)</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ilmenite mining</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">84.20 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79.98 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">20.02 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:20pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investment certificates</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mongolia</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(f)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper and gold mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">66 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">34 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">South Africa</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Richards Bay Titanium (Proprietary) Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Titanium dioxide; high purity iron production</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">B Ordinary</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73.97 </span></td><td rowspan="3" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" rowspan="3" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26.03 </span></td><td rowspan="3" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">B Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Parent Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Richards Bay Mining (Proprietary) Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(g)</span></div></td><td colspan="3" rowspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ilmenite, rutile and zircon mining</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">B Ordinary</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="3" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73.97 </span></td><td rowspan="3" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" rowspan="3" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">26.03 </span></td><td rowspan="3" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">B Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Parent Preference</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Kennecott Holdings Corporation (including Kennecott Utah Copper and Kennecott Exploration)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Copper and gold mining, smelting and refining and exploration activities</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">U.S. Borax Inc.</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mining, refining and marketing of borates</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">100 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Robe River Mining Co Pty Ltd (which is 60% owned by the Group) holds a 30% economic interest in Robe River Iron Associates (Robe River). North Mining Ltd (which is wholly owned by the Group) holds a 35% economic interest in Robe River. Through these companies the Group recognises a 65% share of the assets, liabilities, revenues and expenses of Robe River, with a 12% non-controlling interest. The Group therefore has a 53% economic interest in Robe River. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Rio Tinto do Brasil Ltda holds the Group’s 10% interest in Consórcio De Alumínio Do Maranhão, a joint operation in which the Group participates but is not a joint operator. The Group recognises its share of assets, liabilities, revenues and expenses relating to this arrangement. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Iron Ore Company of Canada is incorporated in the US, but operates in Canada.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(d)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Simfer Jersey Limited, a company incorporated in Jersey in which the Group has a 53% interest, has an 85% interest in Simfer S.A., the company that operates the Simandou mining project in Guinea. The Group therefore has a 45.05% indirect interest in Simfer S.A. These entities are consolidated as subsidiaries and together referred to as the Simandou iron ore project. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(e)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.36pt">The Group’s shareholding in QIT Madagascar Minerals SA carries an 80% economic interest and 80% of the total voting rights; a further 5% economic interest is held through non-voting investment certificates to give an economic interest of 85%. The non-controlling interests have a 15% economic interest and 20% of the total voting rights. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(f)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:8.89pt">On 16 December 2022, we purchased the remaining 49% share of Turquoise Hill Resources Ltd. The Group now holds a 66% direct interest in Oyu Tolgoi LLC (OT). Up until December 2022 the Group had a 50.79% interest in Turquoise Hill Resources Ltd, which held a 66% interest in OT. The Group therefore had a 33.5% indirect interest in OT. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(g)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Additional classes of shares issued by Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited representing non-controlling interests are not shown. The Group’s total legal and beneficial interest in Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited is 74%. </span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">30     Principal subsidiaries </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Summary financial information for subsidiaries that have non-controlling interests that are material to the Group</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">This summarised financial information is shown on a 100% basis. It represents the amounts shown in the subsidiaries’ financial statements prepared in accordance with IFRS under Group accounting policies, including fair value adjustments, and before intercompany eliminations</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Income statement summary for the year ended 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Iron Ore</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Company of</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Canada</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Iron Ore</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Company of</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Canada</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(h)(i)(j)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Oyu Tolgoi LLC</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(h)(i)(j)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Revenue</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,634 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,308 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,424 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,971 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Profit/(loss) after tax</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">756 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,193 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(224)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">465 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to non-controlling interests</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">312 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">493 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(159)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">285 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to Rio Tinto</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">444 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(65)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">180 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other comprehensive (loss)/income</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(111)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">39 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total comprehensive income/(loss)</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">645 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,232 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(224)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">465 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet summary as at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> 2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,963 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,974 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13,662 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12,199 </span></td><td style="border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current assets</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">774 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">599 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">753 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">523 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current liabilities</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(499)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(581)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,253)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3,172)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current liabilities</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(974)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,020)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(10,731)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(9,874)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,264 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,972 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(569)</span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(324)</span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to non-controlling interests</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">946 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">818 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(210)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(89)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to Rio Tinto</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,318 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,154 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(359)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(235)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow statement summary for the year ended 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 <br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021<br/>US$m</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow from operations</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,153 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,119 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">406 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">851 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends paid to non-controlling interests</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(142)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(495)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(h)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.39pt">On 16 December 2022, we purchased the remaining 49% share of Turquoise Hill Resources Ltd. At 31 December 2022 cash consideration paid totalled US$2,961 million. Certain shareholders exercised their right to dissent to the transaction. In accordance with the terms of the circular, those dissenting shareholders have received initial consideration of C$34.4 per share, with final consideration to be determined by an independent arbitrator. We have included within other provisions US$211 million for additional consideration to be paid to the dissenting shareholders representing the difference between their initial consideration and C$43 per share paid to all other shareholders. As the transaction is with shareholders in their capacity as owners the transaction did not result in an income statement impact; however, re-measurement in future periods could result in an adjustment through the income statement. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(i)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:9.37pt">Under the terms of the project finance facility held by Oyu Tolgoi LLC, there are certain restrictions on the ability of Oyu Tolgoi LLC to make shareholder distributions. </span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(j)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:9.27pt">Refer to the note Oyu Tolgoi: approval for commencement of underground operations below regarding the treatment of funding balances.</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:41.306%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.504%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Income statement summary for the year ended 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Robe River Mining Co Pty<br/>2022<br/>US$m</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Robe River Mining Co Pty<br/>2021<br/>US$m</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other companies and eliminations</span><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(k)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Other companies and eliminations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:3.9pt;font-weight:400;line-height:120%;position:relative;top:-2.1pt;vertical-align:baseline">(k)</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Robe River</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Robe River</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Revenue</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,703 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,454 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,987 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,863 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,690 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">5,317 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Profit after tax</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">802 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,352 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">875 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,677 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,870 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to non-controlling interests</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">322 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">541 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">322 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">541 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to Rio Tinto</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">480 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">811 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">875 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,355 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,329 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other comprehensive loss</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(206)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(183)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(111)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(97)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(317)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(280)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total comprehensive income</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">596 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,169 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">764 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,421 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,360 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,590 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:41.306%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.504%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet summary as at 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,846 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,472 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,975 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,166 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,821 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,638 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current assets</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">756 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">495 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">609 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,118 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,365 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,613 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current liabilities</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(112)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(371)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,724)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(329)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2,836)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(700)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current liabilities</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(422)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(421)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(564)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,378)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(986)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4,799)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net assets</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,068 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,175 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,296 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,577 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,364 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,752 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to non-controlling interests</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,225 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,268 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,225 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,268 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– attributable to Rio Tinto</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,843 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,907 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,296 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,577 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,139 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,484 </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:41.306%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.498%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.504%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow statement summary for the year ended 31 December</span></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span><br/></span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow from operations</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">1,435</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,130 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">1,981</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,512 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">3,416</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,642 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends paid to non-controlling interests</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">(278)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(589)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">—</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%"> </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:700;line-height:120%">(278)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(589)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(k)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.68pt">“Other companies and eliminations” includes North Mining Limited (a wholly-owned subsidiary of the Group which accounts for its interest in Robe River) and goodwill of US$337 million (2021: US$362 million) that arose on the Group’s acquisition of its interest in Robe River.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Oyu Tolgoi: approval for commencement of underground operations</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On 25 January 2022, Rio Tinto, Turquoise Hill Resources Ltd (Turquoise Hill) and the Government of Mongolia announced their agreement, and unanimous approval by the Board of Oyu Tolgoi, to commence the underground operations.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">As part of a comprehensive project budget and funding package undertaken between the parties in reaching this agreement, Turquoise Hill agreed to waive in full, funding balances arising from a carry account loan with Erdenes Oyu Tolgoi (Erdenes) of US$2.4 billion. This comprised the amount of common share investments in Oyu Tolgoi LLC funded by Turquoise Hill on behalf of Erdenes to build the project to date, plus US$1.0 billion of accrued interest. The waiver took effect on 25 January 2022. Rio Tinto and Turquoise Hill also agreed a plan to deliver the funding required until sustainable underground production is reached.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Prior to the waiver agreement, the funding balances owing from Erdenes to Turquoise Hill were expected to be repaid via a pledge over Erdenes’ share of future Oyu Tolgoi common share dividends. For this reason, and because the arrangement was between Turquoise Hill and Erdenes rather than with Oyu Tolgoi LLC itself, both the principal and interest were treated as transactions with owners acting in their capacity as owners. Consequently, at 31 December 2021, related amounts were recorded as a reduction in the share of equity attributable to non-controlling interests, resulting in an increase to the effective interest in Oyu Tolgoi attributable to owners of Rio Tinto.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Funding balances owing from Erdenes to Turquoise Hill were not classified as loan receivables in the Group Balance Sheet, and there was no interest income shown in the Group Income Statement. Accumulation of interest on the funding balances increased the share of retained earnings attributable to Rio Tinto as it accrued.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Waiving the funding balances owing from Erdenes to Turquoise Hill increases Erdenes’ economic share arising through entitlement to cash flows from future dividends of Oyu Tolgoi. In the 2022 Group results, there is no Income Statement charge for loan forgiveness or write-off as a result of the waiver, and net assets and liabilities for Oyu Tolgoi included in the Group Balance sheet remained unchanged as a result of this transaction. There was no exchange of cash or other financial assets between parties and there has been no change to the underlying free cash flows of the Oyu Tolgoi operations and development project. The waiver did not have an impact on the Group's assessment of impairment indicators for either 2021 or 2022, since it related to the project shareholders' funding arrangements rather than the economic capability of the Cash Generating Unit itself. A reallocation of the net asset value allocation between the owners of Oyu Tolgoi has been recorded in the Group Statement of Changes in Equity for 2022 by reducing equity attributable to owners of Rio Tinto and increasing equity attributable to non-controlling interests.</span></div>
CY2022 ifrs-full Disclosure Of Interests In Joint Arrangements Explanatory
DisclosureOfInterestsInJointArrangementsExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">31     Principal joint operations </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At 31 December 2022</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.776%"><tr><td style="width:1.0%"/><td style="width:40.920%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.721%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.059%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Company and country of incorporation/operation</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Principal activities</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Group interest (%)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tomago Aluminium Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.6</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gladstone Power Station Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Power generation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42.1</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Hope Downs Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Queensland Alumina Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alumina production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">80</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pilbara Iron Arrangements</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Infrastructure, corporate and mining services</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See other relevant judgments call out box below</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">New Zealand</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">New Zealand Aluminium Smelters Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79.4</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminerie Alouette Inc.</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pechiney Reynolds Quebec Inc</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)(c)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.2</span></td></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Although the Group has a 79.4% interest in New Zealand Aluminium Smelters Limited and an 80% interest in Queensland Alumina Limited, decisions about activities that significantly affect the returns that are generated require agreement of both parties to the arrangements, giving rise to joint control, refer to other relevant judgments below. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Queensland Alumina Limited, New Zealand Aluminium Smelters Limited and Pechiney Reynolds Quebec Inc. are joint arrangements that are primarily designed for the provision of output to the parties sharing joint control; this indicates that the parties have rights to substantially all the economic benefits of the assets. The liabilities of the arrangements are in substance satisfied by cash flows received from the parties; this dependence indicates that the parties in effect have obligations for the liabilities. It is these facts and circumstances that gives rise to the classification of these entities as joint operations. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Pechiney Reynolds Quebec Inc. has a 50.1% interest in the Aluminerie de Bécancour, Inc. aluminium smelter, which is located in Canada. As Rio Tinto owns 50.2% of Pechiney Reynolds Quebec Inc our effective ownership of the Becancour smelter is 25.1%.</span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">31     Principal joint operations </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">continued</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Basis of consolidation of Queensland Alumina Limited (‘QAL’)</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Judgment is sometimes required to assess whether, after considering all relevant factors, we have control or joint control. QAL is 80% owned by Rio Tinto and 20% owned by RUSAL. Typically such ownership interests would provide control; however, we have determined in this case that the shareholders’ agreement, which requires unanimous agreement over certain relevant activities of QAL, means that this non-managed operation is jointly controlled. The entity operates the joint operation on a tolling basis, processing bauxite supplied by the shareholders into alumina, which they off-take in their respective ownership share.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Following the Australian Governments’s imposition of Trade Sanctions against Russia, QAL considered that they were no longer able to process bauxite on behalf of RUSAL and therefore enacted the “step-in” clause of the shareholders’ agreement that enabled Rio Tinto to contribute additional bauxite tonnes to ensure that 100% of production capacity was maintained. The decisions requiring unanimous consent referred to above are restricted during the step-in period. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Due to the step-in, we have re-assessed whether our conclusion of having joint control is still valid, considering we own 80% of the entity but currently take all plant production. If this resulted in our control of QAL we would need to account for that change as a business combination. Based on the following facts:</span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">RUSAL has commenced proceedings in the Australian Federal Court contending that the sanctions should not apply in these circumstances and therefore the step-in rights should not apply; and </span></div><div style="margin-bottom:3pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">the continued operation of the shareholders’ agreement, incorporating the “step-in” clause,</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">we have concluded that we have joint control of the entity at 31 December 2022 and therefore continue to account for QAL as a joint operation. </span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Accounting for the Pilbara Iron Arrangements</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">A number of arrangements are in place amongst the Australian Iron Ore operations, managed by Rio Tinto, which allow their respective assets to be operated as a single integrated network across the Pilbara region. In assessing the Pilbara Iron Arrangements, it has been concluded that they collectively constitute a joint operation on the basis that decisions about relevant activities require unanimous consent. The resulting efficiencies are shared between Rio Tinto and Robe River Iron Associates (Robe River), and the parties fund all of the cash flow requirements of Pilbara Iron (Company) Services Pty Ltd and Pilbara Iron Pty Ltd.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Each of the partners in the joint operation is able to request the other to construct assets on their tenure to increase the capacity of the rail and port infrastructure network. The requesting partner’s (Asset User’s) share of the capacity of the network will increase by the capacity of the newly constructed asset, but generally that capacity may be provided from any of the network assets. The Asset User will pay an annual charge (Committed Use Charge – “CUC”) over a contractually specified period irrespective of network usage. The constructing partner (Asset Owner) has an ongoing obligation to make available capacity from those assets and to maintain the assets in good working order as required under relevant State Agreements and associated tenure. The arrangements are managed through two wholly owned subsidiaries: Pilbara Iron (Company) Services Pty Ltd and Pilbara Iron Pty Ltd.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have also considered whether the CUC arrangements give rise to a lease between the Asset Owner and the Asset User. We have concluded that they do not, as there is no specified asset; rather the Asset User has a first priority right to the capacity in the CUC asset. This treatment was grandfathered on adoption of IFRS 16 on 1 January 2019, following assessment under the preceding standards IAS 17 “Leases” and IFRIC 4 “Determining whether an arrangement contains a lease”, with no change to the conclusion under IFRS 16 for subsequent expenditure subject to the existing CUC arrangements. Management considers that these arrangements are unique and has used judgment to apply the principles of IFRS to the accounting for the arrangements as described above. The obligation of the Asset Owner to make capacity available is fulfilled over time and not at a point in time. The CUC arrangement is therefore an executory contract as defined under IAS 37, whereby neither party has performed any of its obligations, or both parties have partially performed their obligations to an equal extent, and so the CUC payments are expensed as incurred. An alternative interpretation of the fact pattern could have resulted in a gross presentation in the Group’s balance sheet with an asset and a corresponding liability to reflect the present value of the CUC payments. The Asset User is a wholly owned subsidiary of Rio Tinto, whereas the Asset Owner is a joint operation. This impact would be some US$948 million (calculated on the basis of grossing up the tax written down value of the CUC assets). Other methods of calculating the gross-up might give rise to different numbers. </span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:8pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div>
CY2022 ifrs-full Disclosure Of Joint Operations Explanatory
DisclosureOfJointOperationsExplanatory
<div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At 31 December 2022</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.776%"><tr><td style="width:1.0%"/><td style="width:40.920%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.721%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:23.059%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Company and country of incorporation/operation</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Principal activities</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Group interest (%)</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tomago Aluminium Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">51.6</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Gladstone Power Station Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Power generation</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">42.1</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Hope Downs Joint Venture</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Iron ore mining</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Queensland Alumina Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Alumina production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">80</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pilbara Iron Arrangements</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Infrastructure, corporate and mining services</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">See other relevant judgments call out box below</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">New Zealand</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">New Zealand Aluminium Smelters Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)(b)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">79.4</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Canada</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminerie Alouette Inc.</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium production</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">40</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></div></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Pechiney Reynolds Quebec Inc</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)(c)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">50.2</span></td></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Although the Group has a 79.4% interest in New Zealand Aluminium Smelters Limited and an 80% interest in Queensland Alumina Limited, decisions about activities that significantly affect the returns that are generated require agreement of both parties to the arrangements, giving rise to joint control, refer to other relevant judgments below. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Queensland Alumina Limited, New Zealand Aluminium Smelters Limited and Pechiney Reynolds Quebec Inc. are joint arrangements that are primarily designed for the provision of output to the parties sharing joint control; this indicates that the parties have rights to substantially all the economic benefits of the assets. The liabilities of the arrangements are in substance satisfied by cash flows received from the parties; this dependence indicates that the parties in effect have obligations for the liabilities. It is these facts and circumstances that gives rise to the classification of these entities as joint operations. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Pechiney Reynolds Quebec Inc. has a 50.1% interest in the Aluminerie de Bécancour, Inc. aluminium smelter, which is located in Canada. As Rio Tinto owns 50.2% of Pechiney Reynolds Quebec Inc our effective ownership of the Becancour smelter is 25.1%.</span></div>
CY2022 rio Noncancellable Operating Lease Commitments Not Expected To Be Charged Against Ebitda
NoncancellableOperatingLeaseCommitmentsNotExpectedToBeChargedAgainstEBITDA
948000000 usd
CY2022 ifrs-full Disclosure Of Significant Investments In Associates Explanatory
DisclosureOfSignificantInvestmentsInAssociatesExplanatory
<div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">At 31 December 2022 </span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.351%"><tr><td style="width:1.0%"/><td style="width:25.845%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:32.761%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.418%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.689%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.689%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.952%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.952%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.694%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Company and country of incorporation/operation</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Principal activities</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Number of <br/>shares held</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Class of <br/>shares held</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Proportion <br/>of class <br/>held (%)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:700;line-height:120%">Group <br/>interest <br/>(%)</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Australia</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Boyne Smelters Limited</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Aluminium smelting</span></div></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">153,679,560 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59.4 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">59.4 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Brazil</span></td><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:11pt"><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Mineração Rio do Norte S.A.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" rowspan="2" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bauxite mining</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25,000,000,000 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Ordinary</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" rowspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">12 </span></td><td rowspan="2" style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr style="height:11pt"><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">47,000,000,000 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Preferred</span></td><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.75 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-left:0.5pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">US</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Halco (Mining) Inc.</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(c)</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Bauxite mining</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4,500 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Common</span></td><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">45 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The parties that collectively control Boyne Smelters Limited do so through decisions that are determined on an aggregate voting interest that can be achieved by several combinations of the parties. Although each combination requires Rio Tinto’s approval, this is not joint control as defined under IFRS 11 “Joint Arrangements”. Rio Tinto is therefore determined to have significant influence over this company.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Although the Group holds only 12% of Mineração Rio do Norte S.A., it has representation on its board of directors and a consequent ability to participate in the financial and operating policy decisions. It is therefore determined that Rio Tinto has significant influence.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(c)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.34pt">Halco (Mining) Inc. has a 51% indirect interest in Compagnie des Bauxites de Guinée, a bauxite mine, the core assets of which are located in Guinea.</span></div>
CY2022 rio Gain Loss From Disposal Of Mineral Resource
GainLossFromDisposalOfMineralResource
-105000000 usd
CY2022 ifrs-full Disclosure Of Related Party Explanatory
DisclosureOfRelatedPartyExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">33     Related-party transactions </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Information about material related-party transactions of the Rio Tinto Group is set out below.</span><span style="color:#ff0090;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Subsidiary companies and joint operations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Details of investments in principal subsidiary companies are disclosed in note 30. I</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">nformation relating to joint operations can be found in </span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">note 31. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions and balances with equity accounted units are summarised below. Purchases, trade and other receivables, and trade and other payables, relate largely to amounts charged by equity accounted units for toll processing of alumina and purchasing of bauxite and aluminium. Sales relate largely to sales of alumina to equity accounted units for smelting into aluminium.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Income statement items</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Purchases from equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,429)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,167)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(960)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sales to equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">563 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">432 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">271 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow statement items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends from equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,431 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">594 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net (funding of)/receipts from equity accounted units</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(75)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investments in equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,298 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,504 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,764 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Loans to equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">41 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other receivables: amounts due from equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">297 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other payables: amounts due to equity accounted units</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(294)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(253)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(241)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Investments in equity accounted units include quasi-equity loans. Further information about investments in equity accounted units is set out in note 32. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">This includes prepayments of tolling charges. </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Pension funds</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Information relating to pension fund arrangements is set</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> out in</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> note 28. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Directors and key management</span><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:12pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Details of directors’ and key management’s remuneration are set out i</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">n </span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">note 29.</span></div>
CY2022 ifrs-full Disclosure Of Transactions Between Related Parties Explanatory
DisclosureOfTransactionsBetweenRelatedPartiesExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions and balances with equity accounted units are summarised below. Purchases, trade and other receivables, and trade and other payables, relate largely to amounts charged by equity accounted units for toll processing of alumina and purchasing of bauxite and aluminium. Sales relate largely to sales of alumina to equity accounted units for smelting into aluminium.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Income statement items</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Purchases from equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,429)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,167)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(960)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sales to equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">563 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">432 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">271 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow statement items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends from equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,431 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">594 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net (funding of)/receipts from equity accounted units</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(75)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investments in equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,298 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,504 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,764 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Loans to equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">41 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other receivables: amounts due from equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">297 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other payables: amounts due to equity accounted units</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(294)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(253)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(241)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Investments in equity accounted units include quasi-equity loans. Further information about investments in equity accounted units is set out in note 32. </span></div>(b)This includes prepayments of tolling charges.
CY2022 ifrs-full Issue Of Equity
IssueOfEquity
0 usd
CY2020 ifrs-full Issue Of Equity
IssueOfEquity
0 usd
CY2022 ifrs-full Disclosure Of Related Party Explanatory
DisclosureOfRelatedPartyExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">33     Related-party transactions </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Information about material related-party transactions of the Rio Tinto Group is set out below.</span><span style="color:#ff0090;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Subsidiary companies and joint operations</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Details of investments in principal subsidiary companies are disclosed in note 30. I</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">nformation relating to joint operations can be found in </span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">note 31. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions and balances with equity accounted units are summarised below. Purchases, trade and other receivables, and trade and other payables, relate largely to amounts charged by equity accounted units for toll processing of alumina and purchasing of bauxite and aluminium. Sales relate largely to sales of alumina to equity accounted units for smelting into aluminium.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Income statement items</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Purchases from equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,429)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,167)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(960)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sales to equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">563 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">432 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">271 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow statement items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends from equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,431 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">594 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net (funding of)/receipts from equity accounted units</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(75)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investments in equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,298 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,504 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,764 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Loans to equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">41 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other receivables: amounts due from equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">297 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other payables: amounts due to equity accounted units</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(294)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(253)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(241)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Investments in equity accounted units include quasi-equity loans. Further information about investments in equity accounted units is set out in note 32. </span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">This includes prepayments of tolling charges. </span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Pension funds</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Information relating to pension fund arrangements is set</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> out in</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> note 28. </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Directors and key management</span><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:12pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Details of directors’ and key management’s remuneration are set out i</span><span style="background-color:#ffffff;color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">n </span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">note 29.</span></div>
CY2022 ifrs-full Disclosure Of Transactions Between Related Parties Explanatory
DisclosureOfTransactionsBetweenRelatedPartiesExplanatory
<div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Transactions and balances with equity accounted units are summarised below. Purchases, trade and other receivables, and trade and other payables, relate largely to amounts charged by equity accounted units for toll processing of alumina and purchasing of bauxite and aluminium. Sales relate largely to sales of alumina to equity accounted units for smelting into aluminium.</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:63.942%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.641%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Income statement items</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Purchases from equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,429)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1,167)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(960)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Sales to equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">563 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">432 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">271 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Cash flow statement items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Dividends from equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">879 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,431 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">594 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net (funding of)/receipts from equity accounted units</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(75)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:3pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet items</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Investments in equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,298 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,504 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,764 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Loans to equity accounted units</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">41 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other receivables: amounts due from equity accounted units</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">297 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Trade and other payables: amounts due to equity accounted units</span></div></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(294)</span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(253)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(241)</span></td><td style="border-bottom:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">Investments in equity accounted units include quasi-equity loans. Further information about investments in equity accounted units is set out in note 32. </span></div>(b)This includes prepayments of tolling charges.
CY2022 ifrs-full Issue Of Equity
IssueOfEquity
0 usd
CY2021 ifrs-full Issue Of Equity
IssueOfEquity
0 usd
CY2020 ifrs-full Issue Of Equity
IssueOfEquity
0 usd
CY2022 rio Gain Loss From Disposal Of Mineral Resource
GainLossFromDisposalOfMineralResource
-105000000 usd
CY2022 ifrs-full Disclosure Of Commitments And Contingent Liabilities Explanatory
DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">36     Other provisions</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions are recognised when it is more likely than not that we will become obliged, legally or constructively, to future expenditure because of a past event. The provision reflects the best estimate of the expenditure needed to settle the obligation which existed at the balance sheet date. Where there is sufficient objective evidence of reasonably expected future events (such as changes in technology and new legislation) we reflect this in the amounts recognised.</span></div><div style="margin-bottom:4pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">856 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment to opening balance on transition to new accounting standard (refer to page <a href="#i4e1fde2b483e4a95b74bd78074955f5c_123" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%;text-decoration:none">155</a>)</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Restated opening balance</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,019 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">856 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(29)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to mining properties/right of use assets:</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">365 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">382 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(66)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(37)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– amortisation of discount</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(176)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(128)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">193 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(48)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,298 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">554 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">744 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,298 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">Transfers and other movements includes US$211 million for additional consideration to be paid to the dissenting shareholders of the Turquoise Hill Resources transaction. It represents the difference between their initial consideration of C$34.4 per share and C$43 per share paid to all other shareholders, with the final amount and timing to be determined by dissent proceedings. As a transaction with shareholders of a subsidiary in their capacity as owners, this adjustment has been made through equity.</span></div><div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">37     Contingencies and commitments</span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contingent liabilities, indemnities and other performance guarantees represent the potential outflow of funds from the Group for the satisfaction of obligations including those under contractual arrangements (for example undertakings related to supplier agreements) not provided for in the balance sheet, where the likelihood of the contingent liabilities, guarantees or indemnities being called is assessed as possible rather than probable or remote.</span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contingent liabilities (subsidiaries, joint operations, joint ventures and associates)</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Contingencies</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disclosure is made for material contingent liabilities unless the possibility of any loss arising is considered remote based on our judgment and legal advice. These are quantified unless, in our judgment, the amount cannot be reliably estimated. The unit of account for claims is the matter taken as a whole and therefore when a provision has been recorded for the best estimate of the cost to settle the obligation there is no further contingent liability component. This means that when a provision is recognised for the best estimate of the expenditure required to settle the present obligation from a single past event, a further contingent liability is not reported for the maximum potential exposure in excess of that already provided.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have not established provisions for certain additional legal claims in cases where we have assessed that a payment is either not probable or cannot be reliably estimated. A number of our companies are, and will likely continue to be, subject to various legal proceedings and investigations that arise from time to time. As a result, the Group may become subject to substantial liabilities that could affect our business, financial position and reputation. Litigation is inherently unpredictable and large judgments may at times occur. The Group may in the future incur judgments or enter into settlements of claims that could lead to material cash outflows. We do not believe that any of these proceedings will have a materially adverse effect on our financial position.</span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:80.561%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.500%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #939292;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contingent liabilities, indemnities and other performance guarantees</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">498 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">441 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">There were </span><span style="color:#333333;font-family:'RT Vickerman Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">no</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> material contingent liabilities arising in relation to the Group’s joint ventures and associates. </span></div><div style="margin-bottom:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">37     Contingencies and commitments </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contingent liabilities - not quantifiable</span></div><div style="margin-bottom:8pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The current status of contingent liabilities where it is not practicable to provide a reliable estimate of possible financial exposure is: </span></div><div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Litigation disputes</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:38.298%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:59.502%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Litigation matter</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Latest update</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Timing of the impairment of Rio Tinto Coal Mozambique (US securities and exchange commission)</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In October 2017, Rio Tinto announced that it had been notified by the U.S. Securities and Exchange Commission (SEC) that the SEC had filed a complaint in relation to Rio Tinto’s disclosures and timing of the impairment of Rio Tinto Coal Mozambique (RTCM). The impairment was reflected in Rio Tinto’s 2012 year-end accounts. The SEC alleges that Rio Tinto, a former chief executive, Tom Albanese, and a former chief financial officer, Guy Elliott, committed violations of the anti-fraud, reporting, books and records, and internal control provisions of the federal securities law by not accurately disclosing the value of RTCM and not impairing it when Rio Tinto published its 2011 year-end accounts in February 2012 or its 2012 interim results in August 2012. In June 2019, the trial court dismissed an associated US class action on behalf of securities holders. In August 2020, the appeals court partially overturned the court’s dismissal and the trial court dismissed the case again in 2022. The securities holders have appealed further to reinstate their claims, and the court has requested briefing in 2023. No provision has been recognised for this case. </span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2011 Contractual payments in Guinea</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rio Tinto continues to co-operate fully with relevant authorities in connection with their investigations in relation to contractual payments totalling US$10.5 million made to a consultant who had provided advisory services in 2011 on the Simandou project in Guinea. In August 2018, the court dismissed a related US class action commenced on behalf of securities holders. No provision has been recognised for this case. </span></div></td></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At 31 December 2022, the outcomes of the matters remain uncertain, but they could ultimately expose the Group to material financial cost. We believe these cases are unwarranted and will defend the allegations vigorously. A dedicated Board committee continues to monitor the progress of these matters, as appropriate. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On 6 March 2022 we reached a settlement with ASIC regarding the disclosure of the impairment of Rio Tinto Coal Mozambique (RTCM), which was reflected in Rio Tinto’s 2012 year-end accounts. This was previously disclosed as a contingent liability at 31 December 2021. As part of the court approved settlement, we paid a A$750,000 penalty for a single contravention of our continuous disclosure obligations in the period 21 December 2012 to 17 January 2013, immediately preceding the impairment announcement. As part of this court approved settlement between ASIC and Rio Tinto, there were no findings of fraud or any systemic or widespread failure by Rio Tinto. The case against Tom Albanese and Guy Elliott brought by ASIC has been wholly dismissed.</span><span style="color:#ff0090;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other contingent liabilities</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We are modernising agreements with Traditional Owner groups in response to the Juukan Gorge incident. We have created provisions, within “Other provisions”, based on our best estimate of historical claims; however, the process is incomplete and it is possible that further claims could arise relating to past events.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Close-down and restoration provisions are not recognised for those operations that have no known restrictions on their lives as the date of closure cannot be reliably estimated. This applies primarily to our Canadian aluminium smelters, which are not dependent upon a specific orebody and have access to indefinite-lived power from owned hydro-power stations with water rights permitted by local governments. In these instances, a closure obligation may exist at the reporting date; however, due to the indefinite nature of asset lives it is not possible to arrive at a sufficiently reliable estimate for the purposes of recognising a provision. Close-down and restoration provisions are recognised at these operations for separately identifiable closure activities which can be reasonably estimated, such as the demolition and removal of fixed structures after a pre-determined period. Any contingent liability for these assets will crystallise into a closure provision if and when a decision is taken to cease operations.</span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contingent assets</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has, from time to time, various insurance claims outstanding with reinsurers. Recognition of any assets arising takes place once the insurance company has agreed to refund the claims and the amount is quantifiable. This is usually in the same period as payment is received.</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Capital commitments</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our capital commitments include open purchase orders for managed operations and expenditure on major projects already authorised by our Investment Committee for non-managed operations. It does not include the estimated incremental capital expenditure relating to decarbonisation projects of US$7.5 billion between 2022 and 2030 unless otherwise contractually committed. On a legally enforceable basis, capital commitments would be approximately US$1.0 billion (2021: US$1.1 billion) as many of the contracts relating to the Group’s projects have various cancellation clauses.</span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital commitments excluding the Group's share of joint venture capital commitments</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,313 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,324 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">866 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">116 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 3 and 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">38 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,354 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,551 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Group's share of joint venture capital commitments</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Unrecognised commitments to contribute funding or resources to joint ventures</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have a commitment to purchase and market a portion (in excess of the Group’s ownership interest) of the output of Sohar Aluminium Company L.L.C., an aluminium smelter in which the Group is a joint venture partner. The Group immediately sells the purchased products to third parties; in an active market, and therefore does not recognise the purchase obligation. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Along with the other joint venture partners, we have commitments to provide emergency funding (such as funding required to preserve the life or assets of the company or to comply with applicable laws) if required by Sohar Aluminium Company L.L.C., subject to approved thresholds. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At 31 December 2022, Minera Escondida Ltda held an undrawn shareholder line of credit for US$225 million (Rio Tinto share) (31 December 2021: US$225 million). The current facility has been extended during the year and will now mature in September 2023. </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Purchase obligations </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchase obligations are enforceable and legally binding agreements to buy goods or services. They specify all significant terms, including: fixed or minimum quantities to be purchased or consumed; fixed, minimum or variable price provisions; and the approximate timing of the transactions. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchase obligations for goods mainly relate to purchases of raw materials and consumables, and purchase obligations for services mainly relate to charges for the use of infrastructure, commitments to purchase power and freight contracts. These goods and services are expected to be used in the business. To the extent that this changes, a provision for onerous obligations may be made.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchases from joint arrangements or associates are included if the quantity to be purchased is in excess of our ownership interest in the entity. However, purchase obligations exclude contracted purchases of bauxite, alumina and aluminium from joint arrangements and associates and contracted purchases of alumina from third parties. This is because these purchases are made for commercial reasons and the Group is, overall, a net seller of these commodities.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The aggregate amount of future payment commitments under purchase obligations outstanding at 31 December was:</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,618 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,483 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 2 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,091 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,660 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 2 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,632 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,345 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 3 and 4 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,309 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,080 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 4 and 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">907 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,020 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,574 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,125 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,131 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,713 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Guarantees by parent companies</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rio Tinto plc and Rio Tinto Limited have, jointly and severally, fully and unconditionally guaranteed the following securities issued by the following 100% owned finance subsidiaries: US$4.4 billion (31 December 2021: US$4.4 billion) Rio Tinto Finance (USA) Limited and Rio Tinto Finance (USA) plc bonds with maturity dates up to 2051; and US$1 billion (31 December 2021: US$1.1 billion) on the European Debt Issuance Programme. In addition, Rio Tinto Finance plc and Rio Tinto Finance Limited have entered into undrawn facility arrangements for an aggregate amount of US$7.5 billion (31 December 2021: US$7.5 billion). The facilities are guaranteed by Rio Tinto plc and Rio Tinto Limited. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rio Tinto plc has provided a guarantee, known as the completion support undertaking (CSU), in favour of the Oyu Tolgoi LLC project finance lenders. At 31 December 2022, US$3.9 billion of project finance debt was outstanding under this facility (2021: US$4.3 billion). Rio Tinto plc, through its subsidiaries, owns 66% of Oyu Tolgoi LLC, with the remaining share owned by Erdenes Oyu Tolgoi LLC (34%), which is controlled by the Government of Mongolia. The project finance has been raised for development of the underground mine and the CSU will terminate on the completion of the underground mine according to a set of completion tests set out in the project finance facility. </span></div>The Rio Tinto guarantee applies to the extent that Turquoise Hill Resources Ltd cannot satisfy Oyu Tolgoi LLC’s project finance debt servicing obligations under its own guarantee to the lenders, called the sponsor debt service undertaking (DSU). Both the CSU and DSU contain a carve-out for certain political risk events.
CY2022Q4 ifrs-full Estimated Financial Effect Of Contingent Liabilities
EstimatedFinancialEffectOfContingentLiabilities
498000000 usd
CY2021Q4 ifrs-full Estimated Financial Effect Of Contingent Liabilities
EstimatedFinancialEffectOfContingentLiabilities
441000000 usd
CY2022Q4 ifrs-full Contingent Liabilities Incurred By Venturer In Relation To Interests In Joint Ventures
ContingentLiabilitiesIncurredByVenturerInRelationToInterestsInJointVentures
0 usd
CY2022 rio Estimated Incremental Capital Expenditures Decarbonisation Projects
EstimatedIncrementalCapitalExpendituresDecarbonisationProjects
7500000000 usd
CY2022Q4 rio Enforceable Contractual Capital Commitments
EnforceableContractualCapitalCommitments
1000000000 usd
CY2021Q4 rio Enforceable Contractual Capital Commitments
EnforceableContractualCapitalCommitments
1100000000 usd
CY2022 ifrs-full Disclosure Of Commitments Explanatory
DisclosureOfCommitmentsExplanatory
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital commitments excluding the Group's share of joint venture capital commitments</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,313 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,324 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">866 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">116 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 3 and 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">38 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,354 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,551 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Group's share of joint venture capital commitments</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>
CY2022Q4 ifrs-full Capital Commitments
CapitalCommitments
3354000000 usd
CY2021Q4 ifrs-full Capital Commitments
CapitalCommitments
2551000000 usd
CY2022 ifrs-full Disclosure Of Commitments And Contingent Liabilities Explanatory
DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">36     Other provisions</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other provisions are recognised when it is more likely than not that we will become obliged, legally or constructively, to future expenditure because of a past event. The provision reflects the best estimate of the expenditure needed to settle the obligation which existed at the balance sheet date. Where there is sufficient objective evidence of reasonably expected future events (such as changes in technology and new legislation) we reflect this in the amounts recognised.</span></div><div style="margin-bottom:4pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 1 January</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">856 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment to opening balance on transition to new accounting standard (refer to page <a href="#i4e1fde2b483e4a95b74bd78074955f5c_123" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%;text-decoration:none">155</a>)</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Restated opening balance</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,019 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">856 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustment on currency translation</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(43)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(29)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Adjustments to mining properties/right of use assets:</span></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Charged/(credited) to profit:</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– increases to existing and new provisions</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">365 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">382 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– unused amounts reversed</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(66)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(37)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">– amortisation of discount</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Utilised in year</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(176)</span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(128)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Transfers and other movements</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">193 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(48)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #939292;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">At 31 December</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,298 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Balance sheet analysis:</span></div></td><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Current</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">554 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">700 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Non-current</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">744 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">302 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></div></td><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,298 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,002 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.17pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.46pt">Transfers and other movements includes US$211 million for additional consideration to be paid to the dissenting shareholders of the Turquoise Hill Resources transaction. It represents the difference between their initial consideration of C$34.4 per share and C$43 per share paid to all other shareholders, with the final amount and timing to be determined by dissent proceedings. As a transaction with shareholders of a subsidiary in their capacity as owners, this adjustment has been made through equity.</span></div><div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">37     Contingencies and commitments</span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Recognition and measurement</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Contingent liabilities, indemnities and other performance guarantees represent the potential outflow of funds from the Group for the satisfaction of obligations including those under contractual arrangements (for example undertakings related to supplier agreements) not provided for in the balance sheet, where the likelihood of the contingent liabilities, guarantees or indemnities being called is assessed as possible rather than probable or remote.</span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contingent liabilities (subsidiaries, joint operations, joint ventures and associates)</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:0.1%"/><td style="width:1.375%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:95.748%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.377%"/><td style="width:0.1%"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"><div style="margin-bottom:5pt"><span><br/></span></div><div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span><br/></span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other relevant judgments - Contingencies</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Disclosure is made for material contingent liabilities unless the possibility of any loss arising is considered remote based on our judgment and legal advice. These are quantified unless, in our judgment, the amount cannot be reliably estimated. The unit of account for claims is the matter taken as a whole and therefore when a provision has been recorded for the best estimate of the cost to settle the obligation there is no further contingent liability component. This means that when a provision is recognised for the best estimate of the expenditure required to settle the present obligation from a single past event, a further contingent liability is not reported for the maximum potential exposure in excess of that already provided.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have not established provisions for certain additional legal claims in cases where we have assessed that a payment is either not probable or cannot be reliably estimated. A number of our companies are, and will likely continue to be, subject to various legal proceedings and investigations that arise from time to time. As a result, the Group may become subject to substantial liabilities that could affect our business, financial position and reputation. Litigation is inherently unpredictable and large judgments may at times occur. The Group may in the future incur judgments or enter into settlements of claims that could lead to material cash outflows. We do not believe that any of these proceedings will have a materially adverse effect on our financial position.</span></div></td><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr><tr style="height:6pt"><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/><td colspan="3" style="background-color:#e3e9e6;padding:0 1pt"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:80.561%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.500%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022 </span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #939292;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Contingent liabilities, indemnities and other performance guarantees</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(a)</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">498 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">441 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">There were </span><span style="color:#333333;font-family:'RT Vickerman Light',sans-serif;font-size:6pt;font-weight:400;line-height:120%">no</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%"> material contingent liabilities arising in relation to the Group’s joint ventures and associates. </span></div><div style="margin-bottom:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">37     Contingencies and commitments </span><span style="color:#00376e;font-family:'TWK Lausanne 300',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%"> continued</span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contingent liabilities - not quantifiable</span></div><div style="margin-bottom:8pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The current status of contingent liabilities where it is not practicable to provide a reliable estimate of possible financial exposure is: </span></div><div><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Litigation disputes</span></div><div style="margin-bottom:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:38.298%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:59.502%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Litigation matter</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Latest update</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Timing of the impairment of Rio Tinto Coal Mozambique (US securities and exchange commission)</span></td><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">In October 2017, Rio Tinto announced that it had been notified by the U.S. Securities and Exchange Commission (SEC) that the SEC had filed a complaint in relation to Rio Tinto’s disclosures and timing of the impairment of Rio Tinto Coal Mozambique (RTCM). The impairment was reflected in Rio Tinto’s 2012 year-end accounts. The SEC alleges that Rio Tinto, a former chief executive, Tom Albanese, and a former chief financial officer, Guy Elliott, committed violations of the anti-fraud, reporting, books and records, and internal control provisions of the federal securities law by not accurately disclosing the value of RTCM and not impairing it when Rio Tinto published its 2011 year-end accounts in February 2012 or its 2012 interim results in August 2012. In June 2019, the trial court dismissed an associated US class action on behalf of securities holders. In August 2020, the appeals court partially overturned the court’s dismissal and the trial court dismissed the case again in 2022. The securities holders have appealed further to reinstate their claims, and the court has requested briefing in 2023. No provision has been recognised for this case. </span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2011 Contractual payments in Guinea</span></td><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rio Tinto continues to co-operate fully with relevant authorities in connection with their investigations in relation to contractual payments totalling US$10.5 million made to a consultant who had provided advisory services in 2011 on the Simandou project in Guinea. In August 2018, the court dismissed a related US class action commenced on behalf of securities holders. No provision has been recognised for this case. </span></div></td></tr></table></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At 31 December 2022, the outcomes of the matters remain uncertain, but they could ultimately expose the Group to material financial cost. We believe these cases are unwarranted and will defend the allegations vigorously. A dedicated Board committee continues to monitor the progress of these matters, as appropriate. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On 6 March 2022 we reached a settlement with ASIC regarding the disclosure of the impairment of Rio Tinto Coal Mozambique (RTCM), which was reflected in Rio Tinto’s 2012 year-end accounts. This was previously disclosed as a contingent liability at 31 December 2021. As part of the court approved settlement, we paid a A$750,000 penalty for a single contravention of our continuous disclosure obligations in the period 21 December 2012 to 17 January 2013, immediately preceding the impairment announcement. As part of this court approved settlement between ASIC and Rio Tinto, there were no findings of fraud or any systemic or widespread failure by Rio Tinto. The case against Tom Albanese and Guy Elliott brought by ASIC has been wholly dismissed.</span><span style="color:#ff0090;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other contingent liabilities</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We are modernising agreements with Traditional Owner groups in response to the Juukan Gorge incident. We have created provisions, within “Other provisions”, based on our best estimate of historical claims; however, the process is incomplete and it is possible that further claims could arise relating to past events.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Close-down and restoration provisions are not recognised for those operations that have no known restrictions on their lives as the date of closure cannot be reliably estimated. This applies primarily to our Canadian aluminium smelters, which are not dependent upon a specific orebody and have access to indefinite-lived power from owned hydro-power stations with water rights permitted by local governments. In these instances, a closure obligation may exist at the reporting date; however, due to the indefinite nature of asset lives it is not possible to arrive at a sufficiently reliable estimate for the purposes of recognising a provision. Close-down and restoration provisions are recognised at these operations for separately identifiable closure activities which can be reasonably estimated, such as the demolition and removal of fixed structures after a pre-determined period. Any contingent liability for these assets will crystallise into a closure provision if and when a decision is taken to cease operations.</span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contingent assets</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group has, from time to time, various insurance claims outstanding with reinsurers. Recognition of any assets arising takes place once the insurance company has agreed to refund the claims and the amount is quantifiable. This is usually in the same period as payment is received.</span></div><div style="margin-bottom:2pt;margin-top:5pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Capital commitments</span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our capital commitments include open purchase orders for managed operations and expenditure on major projects already authorised by our Investment Committee for non-managed operations. It does not include the estimated incremental capital expenditure relating to decarbonisation projects of US$7.5 billion between 2022 and 2030 unless otherwise contractually committed. On a legally enforceable basis, capital commitments would be approximately US$1.0 billion (2021: US$1.1 billion) as many of the contracts relating to the Group’s projects have various cancellation clauses.</span></div><div style="margin-bottom:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital commitments excluding the Group's share of joint venture capital commitments</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,313 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,324 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">866 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">116 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 3 and 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">38 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,354 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,551 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Group's share of joint venture capital commitments</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Unrecognised commitments to contribute funding or resources to joint ventures</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have a commitment to purchase and market a portion (in excess of the Group’s ownership interest) of the output of Sohar Aluminium Company L.L.C., an aluminium smelter in which the Group is a joint venture partner. The Group immediately sells the purchased products to third parties; in an active market, and therefore does not recognise the purchase obligation. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Along with the other joint venture partners, we have commitments to provide emergency funding (such as funding required to preserve the life or assets of the company or to comply with applicable laws) if required by Sohar Aluminium Company L.L.C., subject to approved thresholds. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">At 31 December 2022, Minera Escondida Ltda held an undrawn shareholder line of credit for US$225 million (Rio Tinto share) (31 December 2021: US$225 million). The current facility has been extended during the year and will now mature in September 2023. </span></div><div style="margin-bottom:4pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Purchase obligations </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchase obligations are enforceable and legally binding agreements to buy goods or services. They specify all significant terms, including: fixed or minimum quantities to be purchased or consumed; fixed, minimum or variable price provisions; and the approximate timing of the transactions. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchase obligations for goods mainly relate to purchases of raw materials and consumables, and purchase obligations for services mainly relate to charges for the use of infrastructure, commitments to purchase power and freight contracts. These goods and services are expected to be used in the business. To the extent that this changes, a provision for onerous obligations may be made.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchases from joint arrangements or associates are included if the quantity to be purchased is in excess of our ownership interest in the entity. However, purchase obligations exclude contracted purchases of bauxite, alumina and aluminium from joint arrangements and associates and contracted purchases of alumina from third parties. This is because these purchases are made for commercial reasons and the Group is, overall, a net seller of these commodities.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The aggregate amount of future payment commitments under purchase obligations outstanding at 31 December was:</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,618 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,483 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 2 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,091 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,660 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 2 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,632 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,345 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 3 and 4 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,309 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,080 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 4 and 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">907 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1,020 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6,574 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7,125 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">16,131 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15,713 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Guarantees by parent companies</span><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rio Tinto plc and Rio Tinto Limited have, jointly and severally, fully and unconditionally guaranteed the following securities issued by the following 100% owned finance subsidiaries: US$4.4 billion (31 December 2021: US$4.4 billion) Rio Tinto Finance (USA) Limited and Rio Tinto Finance (USA) plc bonds with maturity dates up to 2051; and US$1 billion (31 December 2021: US$1.1 billion) on the European Debt Issuance Programme. In addition, Rio Tinto Finance plc and Rio Tinto Finance Limited have entered into undrawn facility arrangements for an aggregate amount of US$7.5 billion (31 December 2021: US$7.5 billion). The facilities are guaranteed by Rio Tinto plc and Rio Tinto Limited. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rio Tinto plc has provided a guarantee, known as the completion support undertaking (CSU), in favour of the Oyu Tolgoi LLC project finance lenders. At 31 December 2022, US$3.9 billion of project finance debt was outstanding under this facility (2021: US$4.3 billion). Rio Tinto plc, through its subsidiaries, owns 66% of Oyu Tolgoi LLC, with the remaining share owned by Erdenes Oyu Tolgoi LLC (34%), which is controlled by the Government of Mongolia. The project finance has been raised for development of the underground mine and the CSU will terminate on the completion of the underground mine according to a set of completion tests set out in the project finance facility. </span></div>The Rio Tinto guarantee applies to the extent that Turquoise Hill Resources Ltd cannot satisfy Oyu Tolgoi LLC’s project finance debt servicing obligations under its own guarantee to the lenders, called the sponsor debt service undertaking (DSU). Both the CSU and DSU contain a carve-out for certain political risk events.
CY2022Q4 ifrs-full Estimated Financial Effect Of Contingent Liabilities
EstimatedFinancialEffectOfContingentLiabilities
498000000 usd
CY2021Q4 ifrs-full Estimated Financial Effect Of Contingent Liabilities
EstimatedFinancialEffectOfContingentLiabilities
441000000 usd
CY2022Q4 ifrs-full Contingent Liabilities Incurred By Venturer In Relation To Interests In Joint Ventures
ContingentLiabilitiesIncurredByVenturerInRelationToInterestsInJointVentures
0 usd
CY2021Q4 ifrs-full Contingent Liabilities Incurred By Venturer In Relation To Interests In Joint Ventures
ContingentLiabilitiesIncurredByVenturerInRelationToInterestsInJointVentures
0 usd
CY2022 rio Estimated Incremental Capital Expenditures Decarbonisation Projects
EstimatedIncrementalCapitalExpendituresDecarbonisationProjects
7500000000 usd
CY2022Q4 rio Enforceable Contractual Capital Commitments
EnforceableContractualCapitalCommitments
1000000000 usd
CY2021Q4 rio Enforceable Contractual Capital Commitments
EnforceableContractualCapitalCommitments
1100000000 usd
CY2022 ifrs-full Disclosure Of Commitments Explanatory
DisclosureOfCommitmentsExplanatory
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.923%"><tr><td style="width:1.0%"/><td style="width:81.421%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.639%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.640%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Capital commitments excluding the Group's share of joint venture capital commitments</span></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,313 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,324 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">866 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">116 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 3 and 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">86 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">38 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">After 5 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">89 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">73 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3,354 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2,551 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:9pt"><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Group's share of joint venture capital commitments</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Within 1 year</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Between 1 and 3 years</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">15 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #b6b6b6;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>
CY2022Q4 ifrs-full Capital Commitments
CapitalCommitments
3354000000 usd
CY2021Q4 ifrs-full Capital Commitments
CapitalCommitments
2551000000 usd
CY2022Q4 rio Future Payment Commitments Under Purchase Obligations
FuturePaymentCommitmentsUnderPurchaseObligations
16131000000 usd
CY2021Q4 rio Future Payment Commitments Under Purchase Obligations
FuturePaymentCommitmentsUnderPurchaseObligations
15713000000 usd
CY2022 ifrs-full Auditors Remuneration
AuditorsRemuneration
25700000 usd
CY2021 ifrs-full Auditors Remuneration
AuditorsRemuneration
21200000 usd
CY2020 ifrs-full Auditors Remuneration
AuditorsRemuneration
17300000 usd
CY2022 rio Auditors Remuneration For Audit Related Assurance Services
AuditorsRemunerationForAuditRelatedAssuranceServices
1000000.0 usd
CY2021 rio Auditors Remuneration For Audit Related Assurance Services
AuditorsRemunerationForAuditRelatedAssuranceServices
1000000.0 usd
CY2020 rio Auditors Remuneration For Audit Related Assurance Services
AuditorsRemunerationForAuditRelatedAssuranceServices
800000 usd
CY2022 ifrs-full Auditors Remuneration For Other Services
AuditorsRemunerationForOtherServices
2300000 usd
CY2021 ifrs-full Auditors Remuneration For Other Services
AuditorsRemunerationForOtherServices
2700000 usd
CY2020 ifrs-full Auditors Remuneration For Other Services
AuditorsRemunerationForOtherServices
1400000 usd
CY2022 rio Auditors Remuneration For Assurance Services
AuditorsRemunerationForAssuranceServices
3300000 usd
CY2022Q4 rio Future Payment Commitments Under Purchase Obligations
FuturePaymentCommitmentsUnderPurchaseObligations
16131000000 usd
CY2021Q4 rio Future Payment Commitments Under Purchase Obligations
FuturePaymentCommitmentsUnderPurchaseObligations
15713000000 usd
CY2022 ifrs-full Disclosure Of Auditors Remuneration Explanatory
DisclosureOfAuditorsRemunerationExplanatory
<div style="margin-bottom:2pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">38     Auditors’ remuneration </span></div><div style="margin-bottom:2pt"><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Group auditors’ remuneration</span><span style="color:#0059a1;font-family:'TWK Lausanne 500',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(a)</span></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.646%"><tr><td style="width:1.0%"/><td style="width:72.339%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.753%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.753%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.755%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2022</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2021</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">2020</span></div><div style="text-align:right"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">US$m</span></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Audit of the Group</span></div></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17.3 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">13.7 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">11.0 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Audit of subsidiaries</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">8.4 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">7.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">6.3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total audit</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25.7 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">21.2 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">17.3 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Audit-related assurance service</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.0 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.0 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.8 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other assurance services</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(b)</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.7 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">1.4 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total assurance services</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.3 </span></td><td style="background-color:#f1f9fa;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.7 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.2 </span></td><td style="border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Tax compliance</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">— </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Other non-audit services not covered above</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total non-audit services</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.6 </span></td><td style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">3.9 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2.3 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total Group auditors’ remuneration</span></td><td colspan="2" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">29.3 </span></td><td style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">25.1 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-top:1pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">19.6 </span></td><td style="border-top:1pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:11pt"><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"><div><span><br/></span></div></td><td colspan="3" style="background-color:#f1f9fa;border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #8a8a8a;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Audit fees payable to other accounting firms</span></td><td colspan="3" style="background-color:#f1f9fa;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Audit of the financial statements of the Group’s subsidiaries</span></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.2 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Fees in respect of pension scheme audits</span></div></td><td colspan="2" style="background-color:#f1f9fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.1 </span></td><td style="background-color:#f1f9fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.1 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#353534;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Total audit fees payable to other accounting firms</span></td><td colspan="2" style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 600',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.3 </span></td><td style="background-color:#f1f9fa;border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.4 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:7pt;font-weight:400;line-height:120%">0.7 </span></td><td style="border-bottom:1pt solid #8a8a8a;border-top:0.5pt solid #8a8a8a;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(a)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.47pt">The remuneration payable to KPMG, the Group auditors, is approved by the Audit Committee. The Committee sets the policy for the award of non-audit work to the auditors and approves the nature and extent of such work, and the amount of the related fees, to ensure that independence is maintained. The fees disclosed above consolidate all payments, including overruns, made to member firms of KPMG by the companies and their subsidiaries, along with fees in respect of joint operations paid for by the Group. Non-audit services arise largely from assurance and regulation related work.</span></div><div style="padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(b)</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:6pt;font-weight:400;line-height:120%;padding-left:7.12pt">Other assurance services relates to the review of non-statutory financial information including sustainability reporting.</span></div><div style="text-indent:3.82pt"><span><br/></span></div><div><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Under SEC regulations, the remuneration to KPMG firms and associates of US$29.3 million (2021: US$25.1 million; 2020: US$19.6 million) is required to be presented as follows: audit fees US$27.0 million (2021: US$22.6 million; 2020: US$18.0 million), audit-related fees US$2.0 million (2021: US$2.3 million; 2020: US$1.6 million), Tax fees US$nil (2021: US$nil; 2020: US$nil) and all other fees US$0.3 million (2021: US$0.2 million; 2020: US$nil)</span></div>
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CY2022 ifrs-full Disclosure Of Events After Reporting Period Explanatory
DisclosureOfEventsAfterReportingPeriodExplanatory
<div style="margin-bottom:2pt;margin-top:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">39     Events after the balance sheet date </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On 16 February 2023, we re-financed the US$3.9 billion Oyu Tolgoi project finance facility with a syndicate of international financial institutions, export credit agencies and commercial lenders. The lenders have agreed to a deferral of the principal repayments by three years to June 2026 and to an extension of the final maturity date by five years from 2030 to 2035. The terms and conditions are broadly unchanged and lenders continue to benefit from the Debt Service Undertaking from Turquoise Hill Resources Limited and the Completion Support Undertaking from Rio Tinto plc.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">There were no other significant events after the balance sheet date requiring disclosure.</span></div>
CY2022 ifrs-full Description Of Expected Impact Of Initial Application Of New Standards Or Interpretations
DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations
<div style="margin-bottom:2pt;margin-top:10pt;padding-left:21.25pt;text-indent:-21.26pt"><span id="ibb911af0140f4ed284e9429300fe8801_4370"/><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">40     New standards issued but not yet effective </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">We have not early adopted any new accounting standards or amendments that have been issued but are not yet effective.</span></div><div style="margin-bottom:4pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12 Income Taxes, mandatory in 2023 and endorsed by the UK)</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The Group will adopt, from January 2023 (the transition date), the narrow-scope amendments to IAS 12, which introduce an exclusion to the initial recognition exemption application for transactions that give rise to equal and offsetting taxable and deductible temporary differences. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Our existing accounting policy states that “where the recognition of an asset and liability from a single transaction gives rise to equal and offsetting temporary differences, Rio Tinto applies the initial recognition exemption allowed by IAS 12, and consequently recognises neither a deferred tax asset nor a deferred tax liability in respect of these temporary differences”. Under the amendments, deferred tax assets and liabilities are required to be recognised in respect of such temporary differences from the transition date, with restatement of comparatives for 2022 and 2021. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The most significant impact of implementing these amendments is expected to be from temporary differences related to the Group's provisions for close-down and restoration (note 14), and lease obligations (note 21) and corresponding capitalised closure costs and right of use assets (note 13). Adjustments to deferred tax assets and liabilities related to these balances will be recognised as at 1 January 2021, being the beginning of the earliest comparative period presented in 2023 financial statements, with the cumulative effect recognised as an adjustment to retained earnings or other components of equity at that date. For other transactions the amendments apply only to those taking place on or after 1 January 2021. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The impact of restatement as at 31 December 2022 is that the Group will recognise additional gross deferred tax liabilities of US$922 million and gross deferred tax assets of US$1.4 billion in relation to close-down and restoration obligations and related capitalised closure costs. The Group will also recognise additional gross deferred tax liabilities of US$140 million and gross deferred tax assets of US$149 million in relation to lease liabilities and related right of use assets (note 15). </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">After the required offsetting within the same tax jurisdiction, these adjustments result in the Group recognising additional net deferred tax assets of US$30 million and a reduction in net deferred tax liabilities of US$437 million (note 15) with the resulting cumulative impact increasing retained earnings (inclusive of income statement adjustments described below) by US$459 million.  As at 1 January 2021 and 31 December 2021, the restatement of gross and net deferred tax balances does not differ materially from the impact as at 31 December 2022. </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The impact of restatement on net earnings for the year ended 2022 is a net charge of US$28 million, comprising a US$84 million credit (2021:US$22 million) related to depreciation of closure and right of use assets, and settlement of closure and lease liabilities, offset by a US$112 million charge (2021: US$nil) related to the derecognition of deferred tax assets as a result of the recently enacted Corporate Alternative Minimum Tax regime in the USA referred to in note 10 on page <a href="#i2058f13c3e5243379438cf63ec99974a_1479" style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">172</a>. There will be no impact on tax cash flows or amounts recognised on the balance sheet as tax recoverable or payable as a result of implementing these amendments.</span></div><div style="margin-bottom:4pt"><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">IFRS 17 Insurance Contracts and amendments to IFRS 17 Insurance Contracts (mandatory in 2023 and endorsed by the UK)</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The standard provides consistent principles for all aspects of accounting for insurance contracts. We are finalising our assessment and have not identified a material impact to date, particularly in areas of judgment related to reinsurance contracts with EAUs and in substance self-insurance arrangements.</span></div><div style="margin-bottom:4pt"><span id="ibb911af0140f4ed284e9429300fe8801_4247"/><span style="color:#0477b8;font-family:'TWK Lausanne 400',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Other amendments</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">The assessment is ongoing in relation to other amendments, but no material impact has been identified to date. These are listed below: </span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Amendments to IAS 1 Presentation of Financial Statements: disclosure of accounting policies (mandatory in 2023 and endorsed by the UK);</span></div><div style="margin-bottom:5pt;padding-left:14.17pt;text-indent:-14.18pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">–</span><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.79pt">Amendments to IAS 8 Accounting policies, changes in accounting estimates and errors: definition of accounting estimates (mandatory in 2023 and endorsed by the UK) </span></div>–Amendments to IAS 1 Presentation of Financial Statements: classification of liabilities (mandatory in 2024 and not yet endorsed by the UK).
CY2022 ifrs-full Disclosure Of Events After Reporting Period Explanatory
DisclosureOfEventsAfterReportingPeriodExplanatory
<div style="margin-bottom:2pt;margin-top:5pt;padding-left:21.25pt;text-indent:-21.26pt"><span style="color:#00376e;font-family:'TWK Lausanne 500',sans-serif;font-size:12pt;font-weight:400;line-height:120%">39     Events after the balance sheet date </span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">On 16 February 2023, we re-financed the US$3.9 billion Oyu Tolgoi project finance facility with a syndicate of international financial institutions, export credit agencies and commercial lenders. The lenders have agreed to a deferral of the principal repayments by three years to June 2026 and to an extension of the final maturity date by five years from 2030 to 2035. The terms and conditions are broadly unchanged and lenders continue to benefit from the Debt Service Undertaking from Turquoise Hill Resources Limited and the Completion Support Undertaking from Rio Tinto plc.</span></div><div style="margin-bottom:5pt"><span style="color:#333333;font-family:'TWK Lausanne 300',sans-serif;font-size:8pt;font-weight:400;line-height:120%">There were no other significant events after the balance sheet date requiring disclosure.</span></div>

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