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Our operating assets
12 Months Ended
Dec. 31, 2023
Disclosure Of Operating Assets [Abstract]  
Our operating assets Our operating assets
We are a diversified mining operation with the majority of our assets being located in OECD countries.
Non-current assets other than excluded items(a)
The total of non-current assets other than excluded items is shown by location below.
2023
US$m
2022
US$m
Restated(b)
Australia
31,419
31,674
Canada
15,362
14,472
Mongolia
14,172
12,872
United States of America
7,171
6,441
Africa
3,412
2,945
South America
3,624
3,317
Europe (excluding UK)
165
245
UK
132
136
Other countries
1,254
1,159
Total non-current assets other than excluded items
76,711
73,261
Non-current assets excluded from analysis above:
Deferred tax assets
3,624
2,796
Other financial assets
481
406
Quasi-equity loans to equity accounted units(a)
14
Receivables and other assets
1,209
1,338
Total non-current assets per balance sheet
82,039
77,801
(a)Allocation of non-current assets by country is based on the location of the business units holding the assets. It includes investments in equity accounted units totalling US$4,393 million (2022:
US$3,298 million) which represents the Group’s share of net assets excluding quasi-equity loans shown separately above.
(b)Comparative information has been restated to reflect the adoption of narrow-scope amendments to IAS 12. Refer to page 166 for details.