Acquisitions and disposals of subsidiaries, operations, joint operations and equity accounted investments

12 Months Ended

Jun. 30, 2018

34 Acquisitions and disposals of subsidiaries, operations, joint operations and equity accounted investments

Acquisitions

There were no material acquisitions made during the years ended 30 June 2018, 2017 and 2016.

Divestments

The Group disposed of the following subsidiaries, operations, joint operations and equity accounted investments during the year ended:

30 June 2018

There were no divestments completed during the year ended 30 June 2018.

30 June 2017

•

BHP Navajo Coal Company

•

IndoMet Coal

30 June 2016

•

Pakistan gas business

•

San Juan Mine


	2018		2017			2016
	US$M		US$M			US$M
Net assets disposed		–		189			153
Gross cash consideration		–		187			168
Less cash and cash equivalents disposed		–		–			(2	)

Total consideration		–		187			166

Other effects ⁽¹⁾		–		–			1

Net (loss)/gain on disposal recognised in other income		–		(2	)		14

⁽¹⁾	Other effects include deferred consideration of US$ nil for 30 June 2018 (2017: US$ nil; 2016: US$1 million).