Home Investors Annual reporting Annual report 2021 Download the report BHP performed strongly in FY2021, with no one fatally injured across BHP’s global operations, and record production and throughput in a number of businesses. 2021 at a glance Find out more about our 2021 results and performance. 0 Zero fatalities for a second consecutive year and total recordable injury frequency fell 11% 4 Major projects delivered on time and on budget, including Spence Growth Project in Copper and South Flank in Iron Ore 29.8% We had 29.8% female workplace representation by end FY2021, an increase of 3.3% points Financial Results Performance and value Positioning for the future Inclusion and diversity Downloads FY2021 financial results BHP delivered excellent financial results in FY2021, supported by strong operational performance, disciplined capital investment and our Marketing team’s ability to negotiate competitive commercial terms for our products. Our operational performance, when combined with higher iron ore and copper prices, drove underlying EBITDA up 69 per cent to US$37.4 billion – at a margin of 64 per cent. Underlying attributable profit increased by 88 per cent to US$17.1 billion. The total shareholder dividend for FY2021 was a record 301 US cents per share. This represents an 89 per cent payout ratio. Our total direct economic contribution for FY2021 was US$40.9 billion. This includes payments to suppliers, wages and benefits for our 80,000 employees and contractors, dividends, taxes and royalties, and voluntary investment in social projects across the communities where we operate. In FY2021, our tax, royalty and other payments to governments totalled US$11.1 billion. Of this, 84.7 per cent or US$9.4 billion was paid in Australia. Our global adjusted effective tax rate in FY2021 was 34.1 per cent, which is broadly in line with our average adjusted effective tax rate over the past decade of 33.4 per cent. Once royalties are included, our FY2021 rate increases to 40.7 per cent. We have continued to apply the Capital Allocation Framework to direct cash where it can generate the best returns. Over the year, Underlying Return on Capital Employed strengthened to 32.5 per cent. More on our financial results More on our sustainability performance Sustainability Reporting 2021 We recognise sustainability is integral to the work we do at BHP, and have continued our refreshed approach to reporting in FY2021. Economic Contribution Report 2021 BHP’s total direct economic contribution for FY2021 was US$40.9 billion. We’re proud of the valuable contribution we make to communities where we operate and to society as a whole. Climate Transition Action Plan 2021 The resources we produce are essential, now and for the future. And the world will need even more of many of them to transition to renewable energy and support global economic growth. © BHP 2021 About What we do Investors Sustainability Careers News Suppliers Contact us Keep in touch Follow BHP to stay up to date https://www.facebook.com/BHP https://www.linkedin.com/company/bhp/ https://www.twitter.com/BHP https://www.youtube.com/BHP Privacy Policy Modern Slavery Act Statement Terms of use Some cookies are strictly necessary for the operation of our website. We also use cookies to monitor your use of our website, compile aggregate data and provide you with a good experience when you browse our website. You can choose to accept or reject cookies, or manage your specific cookie options. For more detailed information on what cookies are and how they work, please read our Cookies Policy. Manage cookies Decline All Accept Cookie Preferences