Today we announced our full year financial results, including record earnings, cashflow and shareholder returns.
Our portfolio changes and stable operating performance helped us capitalise on significant price tailwinds and deliver a record 47 per cent operating margin.
We generated record Underlying EBITDA of US$4.8 billion, and achieved record Underlying earnings of US$2.6 billion. Our free cash flow increased by more than 200 per cent to US$2.6 billion, and we finished the year with net cash of US$538 million, after funding US$1.5 billion to improve our portfolio during the year.
Read the full announcement here.