BHP posts $6.4 billion loss

IMPAIRMENTS related to BHP Billiton’s US oil and gas business, financial impacts related to the Samarco disaster and global tax matters have led the company to suffer a $US6.4 ($A8.3) billion loss.

BHP posts $6.4 billion loss BHP posts $6.4 billion loss BHP posts $6.4 billion loss BHP posts $6.4 billion loss BHP posts $6.4 billion loss

BHP Billiton CEO Andrew Mackenzie visiting the site of the Samarco disaster last year.

The impairment against the carrying value of the onshore US assets was by far the biggest impact at $US4.4 billion. The Samarco impact was $2.2 billion and the tax impairment $550 million.

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