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Group Income Statement - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
 [1]
Dec. 31, 2021
Consolidated operations      
Consolidated sales revenue $ 54,041 $ 55,554 $ 63,495 [1]
Net operating costs (excluding items disclosed separately) (37,052) (34,770) (32,690) [1]
Net impairment (charges)/reversals (936) 150 (269) [1]
Loss on disposal of interest in subsidiary 0 (105) 0 [1]
Exploration and evaluation expenditure (net of profit from disposal of interests in undeveloped projects) (1,230) (896) (719) [1]
Operating profit 14,823 19,933 29,817 [1]
Share of profit after tax of equity accounted units 675 777 1,042 [1]
Impairment of investments in equity accounted units 0 (202) 0 [1]
Profit before finance items and taxation 15,498 20,508 30,859 [1]
Finance items      
Net exchange (losses)/gains on external net debt and intragroup balances (251) 253 802 [1]
Losses on derivatives not qualifying for hedge accounting (54) (424) (231) [1]
Finance income 536 179 64 [1]
Finance costs (967) (335) (243) [1]
Amortisation of discount on provisions (977) (1,519) (418) [1]
Net finance income (expense) (1,713) (1,846) (26) [1]
Profit before taxation 13,785 18,662 30,833 [1]
Taxation (3,832) (5,614) (8,236) [1]
Profit after tax for the year 9,953 [2] 13,048 [3] 22,597 [2],[3]
– attributable to owners of Rio Tinto (net earnings) 10,058 12,392 21,115 [1]
– attributable to non-controlling interests $ (105) $ 656 $ 1,482 [1]
Basic earnings per share (in usd per share) $ 6.203 $ 7.650 $ 13.047 [1]
Diluted earnings per share (in usd per share) $ 6.165 $ 7.604 $ 12.963 [1]
[1] Comparative information has been restated to reflect the adoption of narrow-scope amendments to IAS 12. Refer to page 166 for details.
[2] Comparative information has been restated to reflect the adoption of narrow-scope amendments to IAS 12. Refer to page 166 for details.
[3] Comparative information has been restated to reflect the adoption of narrow-scope amendments to IAS 12. Refer to page 166 for details.