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Exceptional items (Tables)
 12 Months Ended
Jun. 30, 2021
Statement [Line Items]  
Summary of Exceptional Items
Exceptional items are those gains or losses where their nature, including the expected frequency of the events giving rise to them, and impact is considered material to the Financial Statements. Such items included within the Group’s profit from Continuing operations for the year are detailed below.
 
Year ended 30 June 2021
   
Gross
    
Tax
    
Net
  
    
US$M
    
US$M
    
US$M
  
Exceptional items by category
                         
Samarco dam failure
   
 
(1,087
) 
  
 
(71
) 
  
 
(1,158
) 
COVID-19
related costs
   
 
(546
) 
  
 
146
 
  
 
(400
) 
Impairment of Energy coal assets
   
 
(1,523
) 
  
 
(651
) 
  
 
(2,174
) 
Impairment of Potash assets
   
 
(1,314
) 
  
 
(751
) 
  
 
(2,065
) 
    
 
 
    
 
 
    
 
 
  
Total
   
 
(4,470
) 
  
 
(1,327
) 
  
 
(5,797
) 
    
 
 
    
 
 
    
 
 
  
Attributable to
non-controlling
interest
s
   
 
(34
) 
  
 
10
 
  
 
(24
) 
Attributable to BHP shareholders
   
 
(4,436
) 
  
 
(1,337
) 
  
 
(5,773
) 
    
 
 
    
 
 
    
 
 
  
Year ended 30 June 2020
    Gross     Tax     Net  
     US$M     US$M     US$M  
Exceptional items by category
                         
Samarco dam failure
      (176 )      –       (176 ) 
Cancellation of power contracts
      (778 )      271       (507 ) 
COVID-19
related costs
      (183 )      53       (130 ) 
Cerro Colorado impairment
      (409 )      (83 )      (492 ) 
    
 
 
    
 
 
    
 
 
  
Total
      (1,546 )      241       (1,305 ) 
    
 
 
    
 
 
    
 
 
  
Attributable to
non-controlling
interest
s
      (291 )      90       (201 ) 
Attributable to BHP shareholders
      (1,255 )      151       (1,104 ) 
    
 
 
    
 
 
    
 
 
  
Year ended 30 June 2019
    Gross     Tax      Net  
     US$M     US$M      US$M  
Exceptional items by categor
y
                          
Samarco dam failure
      (1,060 )      –        (1,060 ) 
Global taxation matters
      –       242        242  
    
 
 
    
 
 
     
 
 
  
Total
      (1,060 )      242        (818 ) 
    
 
 
    
 
 
     
 
 
  
Attributable to
non-controlling
interests
      –       –        –  
Attributable to BHP shareholders
      (1,060 )      242        (818 ) 
    
 
 
    
 
 
     
 
 
  
Samarco dam failure [member]  
Statement [Line Items]  
Summary of Exceptional Items
The FY2021 exceptional loss of US$1,158 million (after tax) related to the Samarco dam failure in November 2015 comprises the following:
 
Year ended 30 June 2021
   
US$M
  
Other income
   
 
34
 
Expenses excluding net finance costs:
         
Costs incurred directly by BHP Brasil and other BHP entities in relation to the Samarco dam failure
   
 
(46
) 
Loss from equity accounted investments, related impairments and expenses:
         
Samarco impairment expense
   
 
(111
) 
Samarco Germano dam decommissioning
   
 
(15
) 
Samarco dam failure provision
   
 
(1,000
) 
Fair value change on forward exchange derivative
s
   
 
136
 
Net finance costs
   
 
(85
) 
Income tax expense
   
 
(71
) 
    
 
 
  
Total
(1)
   
 
(1,158
) 
    
 
 
  
 
(1)
 
Refer to note 4 ‘Significant events – Samarco dam failure’ for further information.
The FY2020 exceptional loss of US$176 million related to the Samarco dam failure in November 2015 comprises the following:
 
Year ended 30 June 2020
    US$M  
Other income
      489  
Expenses excluding net finance costs:
         
Costs incurred directly by BHP Brasil and other BHP entities in relation to the Samarco dam failure
      (64 ) 
Loss from equity accounted investments, related impairments and expenses:
         
Samarco impairment expense
      (95 ) 
Samarco Germano dam decommissioning
      46  
Samarco dam failure provision
      (459 ) 
Net finance costs
      (93 ) 
    
 
 
  
Total
(1)
      (176 ) 
    
 
 
  
 
(1)
 
Refer to note 4 ‘Significant events – Samarco dam failure’ for further information.
The FY2019 exceptional loss of US$1,060 million related to the Samarco dam failure in November 2015 comprises the following:
 
Year ended 30 June 2019
    US$M  
Other income
      50  
Expenses excluding net finance costs:
         
Costs incurred directly by BHP Brasil and other BHP entities in relation to the Samarco dam failure
      (57 ) 
Loss from equity accounted investments, related impairments and expenses:
         
Samarco impairment expense
      (96 ) 
Samarco Germano dam decommissionin
g
      (263 ) 
Samarco dam failure provision
      (586 ) 
Net finance costs
      (108 ) 
    
 
 
  
Total
(1)
      (1,060 ) 
    
 
 
  
 
(1)
 
Refer to note 4 ‘Significant events – Samarco dam failure’ for further information.