Page 9 - bhp_test_report

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We focused on productivity Strategic Report

And demonstrated strong cost discipline

Since FY2012
we have reduced
unit costs across Queensland Petroleum Western
the business by Coal unit costs (1) conventional Australia
more than unit costs (1) Iron Ore
40% unit costs (1)

FY2012 FY2012 FY2012
US$148 US$14 US$30

securing
accumulated
productivity
gains of
US$12 billion
FY2017
FY2017
US$60 FY2017 US$15
US$9
(1) Cash cost per tonne or per barrel (US$). For the definition of unit cash costs, see 6.6 Glossary.

We created value for We created value for We strengthened
our shareholders the community our balance sheet

FY2016

FY2017
Total dividends of net debt of
83 US cents US$16.3 billion
(1)
down
US$9.8 billion from
FY2016
Basic earnings Social investment of
per ordinary share of US$80 million
110.7 US cents (1) For more information on alternate
performance measures, refer to
section 1.12.

BHP Annual Report 2017 7