XML 488 R8.htm IDEA: XBRL DOCUMENT v3.20.4
Group statement of changes in equity - USD ($)
$ in Millions
Total
Share capital
Share premium
Other reserves
Retained earnings
Total
Non-controlling interests
Adjustment for transition to new accounting pronouncements [1] $ (169)     $ 10 $ (179) $ (169)  
Opening balance at Dec. 31, 2017 51,115 $ 4,360 $ 4,306 12,284 23,761 44,711 $ 6,404
Restated opening balance at Dec. 31, 2017 50,946 4,360 4,306 12,294 23,582 44,542 6,404
Total comprehensive income/(loss) [2] 10,786     (3,600) 14,263 10,663 123
Currency translation arising on Rio Tinto Limited's share capital [3] (382) (382)       (382)  
Dividends paid (5,771)       (5,356) (5,356) (415)
Share buy-back [4] (5,704) (290)   9 (5,423) (5,704) 0
Own shares purchased from Rio Tinto shareholders to satisfy share options [5] (254)     (114) (140) (254)  
Change in equity interest held by Rio Tinto 0     0 60 60 (60)
Treasury shares reissued and other movements 6   6     6  
Equity issued to holders of non-controlling interests 85           85
Employee share options and other IFRS 2 charges to the income statement 111     50 61 111  
Transfers and other movements 0     22 (22)    
Closing balance at Dec. 31, 2018 49,823 3,688 4,312 8,661 27,025 43,686 6,137
Adjustment for transition to new accounting pronouncements [6] (115)     0 (113) (113) (2)
Restated opening balance at Dec. 31, 2018 49,708 3,688 4,312 8,661 26,912 43,573 6,135
Total comprehensive income/(loss) [2] 7,318     519 7,832 8,351 (1,033)
Currency translation arising on Rio Tinto Limited's share capital [3] (29) (29)       (29)  
Dividends paid (10,710)       (10,334) (10,334) (376)
Share buy-back [4] (1,135) (4)   4 (1,135) (1,135)  
Companies no longer consolidated (32)           (32)
Own shares purchased from Rio Tinto shareholders to satisfy share options [5] (106)     (63) (43) (106)  
Change in equity interest held by Rio Tinto 0       85 85 (85)
Treasury shares reissued and other movements 1   1     1  
Equity issued to holders of non-controlling interests 101           101
Employee share options and other IFRS 2 charges to the income statement 126     56 70 126  
Closing balance at Dec. 31, 2019 45,242 3,655 4,313 9,177 23,387 40,532 4,710
Total comprehensive income/(loss) [2] 12,984     2,798 9,403 12,201 783
Currency translation arising on Rio Tinto Limited's share capital [3] 333 333       333  
Dividends paid (6,821)       (6,132) (6,132) (689)
Share buy-back [4] 1 0   0 (1) (1)  
Own shares purchased from Rio Tinto shareholders to satisfy share options [5] (107)     (76) (31) (107)  
Change in equity interest held by Rio Tinto 0       84 84 (84)
Treasury shares reissued and other movements 1   1     1  
Equity issued to holders of non-controlling interests 129           129
Employee share options and other IFRS 2 charges to the income statement 143     61 82 143  
Closing balance at Dec. 31, 2020 $ 51,903 $ 3,988 $ 4,314 $ 11,960 $ 26,792 $ 47,054 $ 4,849
[1] impact of the transition to new accounting pronouncements; IFRS 9 “Financial Instruments” and IFRS 15 "Revenue from Contracts with Customers" on 1 January 2018.
[2] Refer to Group statement of comprehensive income for further details. Adjustments to other reserves include currency translation attributable to owners of Rio Tinto, other than that arising on Rio Tinto Limited’s share capital.
[3] Refer to note 1(d).
[4] In 2020, the amount of US$1 million together with the amounts paid during the year in respect of an irrevocable contract in place at the beginning of the year to cover the share buy-back programme totalled US$208 million as reported in the cash flow statement. In 2019, the total amount of US$1,135 million (2018: US$5,704 million) included own shares purchased from the owners of Rio Tinto as per the cash flow statement of US$1,552 million (2018: US$5,386 million) and a financial liability recognised in respect of an irrevocable contract in place as at the reporting date to cover the share buy-back programme, less amounts paid during the year in respect of a similar irrevocable contract in place at the beginning of the year.
[5] Net of contributions received from employees for share awards and share options.
[6] Impact of the transition to new accounting pronouncements; IFRS 16 “Leases” and IFRIC 23 "Uncertainty over income tax treatments" on 1 January 2019.