Page 175 - Annual Report 2020

5.1.3 Consolidated Balance Sheet as at 30 June 2020

2020 2019
Notes US$M US$M Strategic Report
ASSETS
Current assets
Cash and cash equivalents 19 13,426 15,613
Trade and other receivables 8 3,364 3,462
Other financial assets 22 84 87
Inventories 10 4,101 3,840
Current tax assets 366 124
Other 130 247
Total current assets 21,471 23,373
Non-current assets
Trade and other receivables 8 267 313 Governance at BHP
Other financial assets 22 2,522 1,303
Inventories 10 1,221 768
Property, plant and equipment 11 72,362 68,041
Intangible assets 12 624 675
Investments accounted for using the equity method 30 2,585 2,569
Deferred tax assets 13 3,688 3,764
Other 43 55
Total non-current assets 83,312 77,488
Total assets 104,783 100,861
LIABILITIES Remuneration Report
Current liabilities
Trade and other payables 9 5,767 6,717
Interest bearing liabilities 19 5,012 1,661
Other financial liabilities 22 225 127
Current tax payable 913 1,546
Provisions 4, 14, 18, 25 2,810 2,175
Deferred income 97 113
Total current liabilities 14,824 12,339
Non-current liabilities
Trade and other payables 9 1 5 Directors’ Report
Interest bearing liabilities 19 22,036 23,167
Other financial liabilities 22 1,414 896
Non-current tax payable 109 187
Deferred tax liabilities 13 2,758 3,234
Provisions 4, 14, 18, 25 11,185 8,928
Deferred income 210 281
Total non-current liabilities 37,713 36,698
Total liabilities 52,537 49,037 5
Net assets 52,246 51,824
EQUITY
Share capital – BHP Group Limited 1,111 1,111
Share capital – BHP Group Plc 1,057 1,057 Financial Statements
Treasury shares (5) (32)
Reserves 16 2,306 2,285
Retained earnings 43,467 42,819
Total equity attributable to BHP shareholders 47,936 47,240
Non-controlling interests 16 4,310 4,584
Total equity 52,246 51,824
The accompanying notes form part of these Financial Statements.
The Financial Statements were approved by the Board of Directors on 3 September 2020 and signed on its behalf by: Additional information

Ken MacKenzie Mike Henry
Chair Chief Executive Officer Shareholder information

BHP Annual Report 2020 173