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Related-party transactions | 12 Months Ended
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Dec. 31, 2018
Related Party Transactions [Abstract] |
Related-party transactions | 40 Related-party transactions Information about material related-party transactions of the Rio Tinto Group is set out below. Subsidiary companies and joint operations Details of investments in principal subsidiary companies are disclosed in note 33. Information relating to joint operations can be found in note 34. Equity accounted units 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.
|  |  |  |  | 2018 |  |  | 2017 |  |  | 2016 |
Income statement items | Note |  | US$m |  | US$m |  | US$m |
Purchases from equity accounted units |  |  |  |  | (1,209 | ) |  | (993 | ) |  | (1,216 | )
Sales to equity accounted units |  |  |  |  | 493 |  |  | 210 |  |  | 248 |
Cash flow statement items |  |  |  | US$m |  | US$m |  | US$m |
Dividends from equity accounted units |  |  |  |  | 800 |  |  | 817 |  |  | 253 |
Net funding of equity accounted units |  |  |  |  | (9 | ) |  | (3 | ) |  | (12 | )
Balance sheet items |  |  |  | US$m |  | US$m |  | US$m |
Investments in equity accounted units (a) |  | 15 |  |  | 4,299 |  |  | 4,486 |  |  | 5,019 |
Loans to equity accounted units |  | 20 |  |  | 38 |  |  | 39 |  |  | 39 |
Loans from equity accounted units |  | 22 |  |  | - |  |  | (31 | ) |  | (49 | )
Trade and other receivables: amounts due from equity accounted units (b) |  | 18 |  |  | 278 |  |  | 299 |  |  | 298 |
Trade and other payables: amounts due to equity accounted units |  | 25 |  |  | (223 | ) |  | (175 | ) |  | (243 | )
(a) | Investments in equity accounted units include quasi equity loans. Further information about investments in equity accounted units is set out in notes 35 and 36.
(b) | This includes prepayments of tolling charges.
Pension funds Information relating to pension fund arrangements is set out in note 44. Directors and key management Details of directors’ and key management’s remuneration are set out in note 38 and in the Remuneration report on pages 103 to 136.

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