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v3.23.2

Group income statement - USD ($) $ in Millions | 6 Months Ended
--- | ---
Jun. 30, 2023 | Jun. 30, 2022 | [1]
Consolidated operations |  |
Consolidated sales revenue | $ 26,667 | $ 29,775
Net operating costs (excluding items disclosed separately) | (17,535) | (17,202)
Impairment charges | (1,175) | 0
Exploration and evaluation expenditure (net of profit relating to interests in undeveloped projects) | (710) | (367)
Operating profit | 7,247 | 12,206
Share of profit after tax of equity accounted units | 431 | 468
Profit before finance items and taxation | 7,678 | 12,674
Finance items |  |
Net exchange gains on external and intragroup net debt balances | 103 | 387
Net gains/(losses) on derivatives not qualifying for hedge accounting | 32 | (205)
Finance income | 245 | 17
Finance costs | (536) | (55)
Amortisation of discount on provisions | (592) | (503)
Net finance income (expense) | (748) | (359)
Profit before taxation | 6,930 | 12,315
Taxation | (1,983) | (2,867)
Profit after tax for the period | 4,947 | 9,448
– attributable to owners of Rio Tinto (net earnings) | 5,117 | 8,943
– attributable to non-controlling interests | $ (170) | $ 505
Basic earnings per share (in USD per share) | $ 3.157 | $ 5.523
Diluted earnings per share (in USD per share) | $ 3.139 | $ 5.490
[1] | Comparative information has been restated to reflect the adoption of narrow scope amendments to IAS12 'Income Taxes', refer to note 2 for details.

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