Original article by Matt Chambers
The Australian – Page: 21 & 24 : 17-Aug-16

BHP Billiton CEO Andrew Mackenzie is upbeat about the resources group’s outlook in 2016-17, after it posted a loss of $US6.39bn ($A8.27bn) for 2015-16. The result was marred by factors such as impairment charges associated with its US shale assets, lower commodity prices and the tailings dam disaster at the Samarco iron ore joint venture. BHP’s underlying profit fell from $US6.4bn to $US1.215bn, while the full-year dividend payout has fallen from $US1.24 per share to just $A0.30.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, SAMARCO MINERACAO SA, ABERDEEN ASSET MANAGEMENT LIMITED