Page 25 - BHP Economic Contribution Report 2020
P. 25

Signature,   Total payments                      Our contribution
                                                    Payments for   discovery and   as defined
 Corporate   Royalty-related   Taxes levied on   Total taxes    Production   infrastructure   production   by the UK   Other    Total payments
 US$ millions  income taxes  income taxes  production   paid  Royalties  entitlements  Fees  improvements   bonuses  Regulations   payments   to governments   Our approach
 Total payments to governments  5,458.6  459.3  25.0  5,942.9  2,626.3  139.4  121.8  1.8  5.5  8,837.7  308.6  9,146.3
 Petroleum  501.0  378.7  25.0  904.7  293.0  139.4  74.6   –          5.5       1,417.2       18.7      1,435.9
 Algeria Joint Interest Unit  (1)  –  –  –  –  –  86.0  –   –           –         86.0           –         86.0
 Australia Joint Interest Unit  –  –  –  –  –  –  –         –           –            –           –            –
 Australia Production Unit – Victoria  1.0  10.9  –  11.9  –  –  –  –   –          11.9          –          11.9
 Australia Production Unit – Western Australia  155.3  105.6  –  260.9  –  –  1.2  –  –  262.1  5.2        267.3
 Bass Strait  54.1  262.2  –  316.3  –  –      –            –           –         316.3         2.9        319.2
 Gulf of Mexico  17.4  –  –  17.4  192.1  –  56.5           –           –         266.0         2.5        268.5
 North West Shelf  239.0  –  25.0  264.0  100.6  –  0.1     –           –         364.7          –         364.7    Our payments
 Trinidad and Tobago Production Unit  (2)  0.7  –  –  0.7  –  53.4  13.2  –  –     67.3         1.6        68.9
 UK Production Unit  23.3  –  –  23.3  –  –    –            –           –          23.3          –          23.3
 Other  10.2  –  –  10.2  0.3      –          3.6           –          5.5         19.6         6.5         26.1
 Minerals Americas  821.7  85.3  –  907.0  –  –  25.9     0.3           –        933.2         14.3        947.5
 Escondida  626.7  85.3  –  712.0  –  –      12.5           –           –         724.5         2.9        727.4
 Other Copper  0.7  –  –  0.7  –   –          1.8           –           –          2.5          0.8         3.3
 Pampa Norte  191.3  –  –  191.3  –  –        2.6           –           –         193.9         2.8        196.7
 Potash Canada  (1.3)  –  –  (1.3)  –  –      9.0         0.3           –          8.0          3.7         11.7
 Head Office – BHP Brasil  (1.4)  –  –  (1.4)  –  –  –      –           –          (1.4)        4.1          2.7
 Head Office – RAL Cayman Inc  5.7  –  –  5.7  –  –  –      –           –           5.7          –           5.7
 Minerals Australia  4,119.5  (4.7)  –  4,114.8  2,333.3  –  21.0  1.3  –       6,470.4       241.2       6,711.6   Additional information
 New South Wales Energy Coal  –  –  –  –  71.9  –  1.9    0.5           –          74.3         11.7       86.0
 Nickel West  21.7  –  –  21.7  20.8  –       3.0           –           –          45.5        16.3         61.8
 Olympic Dam  (4.2)  –  –  (4.2)  51.8  –     2.3         0.8           –          50.7        19.8         70.5
 Other Coal  20.8  –  –  20.8  –   –           –            –           –         20.8          6.1        26.9
 Queensland Coal  (3)  796.0  –  –  796.0  553.3  –  1.0    –           –        1,350.3       80.1       1,430.4
 Western Australia Iron Ore  3,285.2  (4.7)  –  3,280.5  1,635.5  –  12.8  –  –  4,928.8       107.2     5,036.0
 Group and Unallocated  16.4  –  –  16.4  –  –  0.3       0.2           –          16.9        34.4         51.3
 Closed Sites  43.8  –  –  43.8  –  –         0.3         0.2           –         44.3          1.2        45.5
 Corporate  (4)  (45.8)  –  –  (45.8)  –  –    –            –           –         (45.8)       36.3         (9.5)
 Commercial  18.4  –  –  18.4  –   –           –            –           –          18.4         (3.1)       15.3

 Figures are rounded to the nearest decimal point.
 (1)  Production entitlements of 1.5 million boe paid in-kind.
 (2)  Production entitlements of 3.1 million boe paid in-kind.
 (3)  Royalties, fees and other payments made by BM Alliance Coal Operations Pty Limited have been included in total payments to the extent of BHP’s ownership
 of the operating entity, being 50 per cent.
 (4)  The corporate income tax amount does not represent a refund from a government. Instead, it represents the allocation of the Australian corporate income
 tax payment among members of the Australian tax consolidation group. For further information, refer to ‘Basis of report preparation’ section.




























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