IFRS 12 paras 12, B10, material non-controlling interests disclosures

BHP Billiton – Annual report – 30 June 2021

Industry: mining

17 Other equity (extract)

Summarised financial information relating to each of the Group’s subsidiaries with non-controlling interests (NCI) that are material to the Group before any intra-group eliminations is shown below:

While the Group controls Minera Escondida Limitada, the non-controlling interests hold certain protective rights that restrict the Group’s ability to sell assets held by Minera Escondida Limitada, or use the assets in other subsidiaries and operations owned by the Group. Minera Escondida Limitada is also restricted from paying dividends without the approval of the non-controlling interests.

13 Related undertakings of the Group (extract)

Subsidiaries where effective interest is less than 100 per cent (b)   (extract)

Country of incorporation


Cerro El Plomo 6000, Piso 15, Las Condes, Santiago, Chile

Kelti S.A. (57.5%)

Minera Escondida Ltda (57.5%) (i)

(b) Subsidiaries where the effective interest is less than 100 per cent but controlled by the Group

(i) Capital injection, no shares