Page 225 - Annual Report 2020

30 Investments accounted for using the equity method continued
The following table summarises the financial information relating to each of the Group’s significant equity accounted investments. BHP Brasil’s
50 per cent portion of Samarco’s commitments, for which BHP Brasil has no funding obligation, is US$200 million (2019: US$250 million). Strategic Report
Associates Joint ventures
2020 Individually Individually
US$M Antamina Cerrejón immaterial (1) Samarco (2) immaterial Total
Current assets 974 712 49 (3)
Non-current assets 4,743 2,462 3,601
Current liabilities (239) (170) (7,961) (4)
Non-current liabilities (1,173) (854) (5,447)
Net assets/(liabilities) – 100% 4,305 2,150 (9,758)
Net assets/(liabilities) – Group share 1,453 717 (4,879)
Adjustments to net assets related to accounting policy adjustments − 59 256 (5) Governance at BHP
Investment in Samarco – – 405 (6)
Impairment of the carrying value of the investment in Samarco − − (930) (7)
Additional share of Samarco losses − − 3,341 (8)
Unrecognised losses − − 1,807 (9)
Carrying amount of investments accounted for using
the equity method 1,453 776 356 − − 2,585
Revenue – 100% 2,464 1,091 26
Profit/(loss) from Continuing operations – 100% 629 (182) (3,617) (10)
Share of operating profit/(loss) of equity accounted investments 212 (68) (1,918) (11)
Impairment of the carrying value of the investment in Samarco – – (95) (7) Remuneration Report
Additional share of Samarco losses − − 93
Unrecognised losses − − 1,412 (9)
(Loss)/profit from equity accounted investments, related
impairments and expenses 212 (68) (148) (508) − (512)
Comprehensive income – 100% 629 (182) (3,617)
Share of comprehensive income/(loss) – Group share in equity
accounted investments 212 (68) (148) (508) − (512)
Dividends received from equity accounted investments 105 9 12 − − 126 Directors’ Report

Associates Joint ventures
2019 Individually Individually
US$M Antamina Cerrejón immaterial (1) Samarco (2) immaterial Total
Current assets 1,065 845 290 (3)
Non-current assets 4,495 2,664 6,103
Current liabilities (498) (344) (6,704) (4)
Non-current liabilities (1,076) (801) (5,830) 5
Net assets/(liabilities) – 100% 3,986 2,364 (6,141)
Net assets/(liabilities) – Group share 1,345 788 (3,071)
Adjustments to net assets related to accounting policy adjustments − 65 366 (5)
Investment in Samarco − − 310 (6)
Impairment of the carrying value of the investment in Samarco − − (835) (7) Financial Statements
Additional share of Samarco losses − − 2,835 (8)
Unrecognised losses − − 395 (9)
Carrying amount of investments accounted for using
the equity method 1,345 853 371 − − 2,569
Revenue – 100% 3,203 2,094 24
Profit/(loss) from Continuing operations – 100% 1,168 309 (2,166) (10)
Share of operating profit/(loss) of equity accounted investments 394 103 (1,075) (11)
Impairment of the carrying value of the investment in Samarco − − (96) (7) Additional information
Additional share of Samarco losses − − 108
Unrecognised losses − − 118 (9)
(Loss)/profit from equity accounted investments, related
impairments and expenses 394 103 (98) (945) − (546)
Comprehensive income/(loss) – 100% 1,168 309 (2,166)
Share of comprehensive income/(loss) – Group share in equity
accounted investments 394 103 (98) (945) − (546)
Dividends received from equity accounted investments 361 134 15 − − 510 Shareholder information

BHP Annual Report 2020 223