SSL FY 2011 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

FY 2011 Earnings

Reported June 29, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$8.6B	—	$7.4B	—	16.5%
Op. Income	$1.8B	—	$1.4B	—	25.1%
Gross Margin	36.5%	—	35.2%	—	1.3pp
Net Margin	13.9%	—	13.0%	—	0.9pp
EPS (Diluted)	$1.98	—	$1.60	—	23.8%
Free Cash Flow	$311M	—	-$35M	—	989.6%

Revenue Flow

Item	Amount
REVENUE	$8.6B
Cost of Revenue	$5.5B
GROSS PROFIT	$3.1B
R&D Expenses	$0
Selling & Marketing	$411M
General & Administrative	$791M
SG&A Expenses	$1.2B
Other Expenses	$261M
Operating Expenses	$1.3B
Cost & Expenses	$6.8B
OPERATING INCOME	$1.8B
Interest Income	$60M
Interest Expense	$110M
Other Income/Expenses	$331M
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$556M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$447M
EBIT	$1.6B
EBITDA	$1.9B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$8.6B
Cost of Revenue	$5.5B
GROSS PROFIT	$3.1B
R&D Expenses	$0
Selling & Marketing	$411M
General & Administrative	$791M
SG&A Expenses	$1.2B
Other Expenses	$261M
Operating Expenses	$1.3B
Cost & Expenses	$6.8B
OPERATING INCOME	$1.8B
Interest Income	$60M
Interest Expense	$110M
Other Income/Expenses	$331M
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$556M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$447M
EBIT	$1.6B
EBITDA	$1.9B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$447M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$60M
Change in Working Capital	-$144M
OPERATING CASH FLOW	$1.6B
Capital Expenditure	-$1.2B
Acquisitions (Net)	$1M
Purchases of Investments	-$5M
Sales/Maturities of Investments	$4M
Other Investing Activities	-$230M
NET CASH FROM INVESTING	-$1.5B
Net Debt Issuance	$0
Common Stock Repurchased	$33M
Common Dividends Paid	-$25M
Other Financing Activities	$43M
NET CASH FROM FINANCING	$17M
FREE CASH FLOW	$311M
Net Change in Cash	$74M

Balance Sheet

Item	Amount
Cash & Equivalents	$889M
Short-Term Investments	$5M
Net Receivables	$1.4B
Inventory	$1.1B
Other Current Assets	$200M
TOTAL CURRENT ASSETS	$3.6B
PP&E (Net)	$6.6B
Goodwill	$45M
Intangible Assets	$76M
Long-Term Investments	$186M
Tax Assets	$67M
Other Non-Current Assets	$182M
TOTAL NON-CURRENT ASSETS	$7.1B
TOTAL ASSETS	$10.8B
Account Payables	$105M
Short-Term Debt	$100M
Deferred Revenue	$53M
Other Current Liabilities	-$38M
TOTAL CURRENT LIABILITIES	$1.6B
Long-Term Debt	$853M
Deferred Revenue NC	$30M
Deferred Tax Liabilities	$741M
Other Non-Current Liabilities	$574M
TOTAL NON-CURRENT LIABILITIES	$2.4B
TOTAL LIABILITIES	$4.1B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$6.0B
Treasury Stock	$0
Accum. Other Comp. Income	-$114M
Other Equity	-$119M
TOTAL STOCKHOLDERS' EQUITY	$6.5B
Minority Interest	$163M
TOTAL EQUITY	$6.7B
TOTAL LIABILITIES & EQUITY	$10.8B
Total Debt	$977M
Net Debt	$88M