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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bhp Group Limited | LSE:BHP | London | Ordinary Share | AU000000BHP4 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
9.00 | 0.40% | 2,241.00 | 2,242.00 | 2,243.00 | 2,261.00 | 2,211.00 | 2,233.00 | 1,667,713 | 16:35:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 54.19B | 12.92B | 2.5513 | 16.62 | 214.78B |
TIDMBLT
RNS Number : 7094E
BHP Billiton PLC
13 February 2018
NEWS RELEASE
Release Time IMMEDIATE Date 13 February 2018 Location Melbourne, Australia Release Number 02/18
US TAX REFORM
As a result of the US Tax Cuts and Jobs Act introducing a reduction in the US Federal corporate income tax rate from 35 per cent to 21 per cent as well as other measures, including changes to international tax provisions, BHP expects to recognise an income tax expense of US$1.8 billion which will be treated as an exceptional item. The two main components of this exceptional item are expected to be:
-- a non-cash re-measurement of deferred taxes as a result of the reduction in the US Federal corporate income tax rate of US$898 million; and
-- a non-cash impairment of foreign tax credits due to reduced forecast utilisation of US$834 million.
The US tax reform will have a positive impact on the Group's US attributable profits in the longer term mainly due to the lower corporate tax rate.
Further information on BHP can be found at: bhp.com
Media Relations Investor Relations Email: media.relations@bhpbilliton.com Email: investor.relations@bhpbilliton.com Australia and Asia Australia and Asia Ben Pratt Tara Dines Tel: +61 3 9609 3672 Tel: +61 3 9609 2222 Mobile: +61 419 968 Mobile: +61 499 249 734 005 United Kingdom and South United Kingdom and South Africa Africa Neil Burrows Rob Clifford Tel: +44 20 7802 7484 Tel: +44 20 7802 4131 Mobile: +44 7786 661 Mobile: +44 7788 308 683 844 North America Americas Judy Dane James Wear Tel: +1 713 961 8283 Tel: +1 713 993 3737 Mobile: +1 713 299 5342 Mobile: +1 347 882 3011 BHP Billiton Limited BHP Billiton Plc Registration ABN 49 004 028 077 number 3196209 LEI WZE1WSENV6JSZFK0JC28 LEI 549300C116EOWV835768 Registered in Australia Registered in England Registered Office: Level and Wales 18, 171 Collins Street Registered Office: Nova Melbourne Victoria 3000 South, 160 Victoria Australia Street Tel +61 1300 55 4757 London SW1E 5LB United Fax +61 3 9609 3015 Kingdom Tel +44 20 7802 4000 Fax +44 20 7802 4111 Members of the BHP Group which is headquartered in Australia Follow us on social media
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAKADFEEPEEF
(END) Dow Jones Newswires
February 13, 2018 02:00 ET (07:00 GMT)
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