HY 2023 Results and Growth Prospects
Income Statement: exclusions
June 2023
June 2022
Per Interim
Per Interim
Exclusions
Underlying
Exclusions
Underlying
release
release
Consolidated sales revenue
26,667
26,667
29,775
Net operating costs (excluding items disclosed separately)
(17,535)
(141)
(17,676)
(17,202)
(89)
29,775
(17,291)
mpairment reversals/(charges net of reversals)
(1,175)
1,175
Exploration and evaluation expenditure (net of profit relating to interests in undeveloped projects)
(710)
(710)
(367)
(367)
Operating profit
7,247
1,034
8,281
12,206
(89)
12,117
Share of profit after tax of equity accounted units
431
431
468
468
Profit before finance items and taxation
7,678
1,034
8,712
12,674
(89)
12,585
Net exchange gains/(losses) on external and intragroup net (debt)/cash balances
103
(103)
387
(387)
● Net losses on derivatives not qualifying for hedge accounting
32
(32)
(205)
205
S
Finance income
245
245
17
17
Finance costs
Amortisation of discount on provisions
Finance items
Profit before taxation
Taxation
(536)
(536)
(55)
(55)
(592)
(592)
(503)
(503)
(748)
(135)
(883)
(359)
(182)
(541)
6,930
899
7,829
12,315
(271)
12,044
(1,983)
(298)
(2,281)
(2,867)
(16)
(2,883)
Profit after tax for the year
4,947
601
5,548
9,448
(287)
9,161
•
attributable to owners of Rio Tinto (net earnings)
5,117
603
5,720
8,943
(281)
8,662
•
attributable to non-controlling interests
(170)
(2)
(172)
505
(6)
499
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