SSL FY 2012 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

FY 2012 Earnings

Reported June 29, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$10.2B	—	$8.6B	—	19.0%
Op. Income	$2.2B	—	$1.8B	—	22.7%
Gross Margin	34.5%	—	36.5%	—	-2.0pp
Net Margin	13.9%	—	13.9%	—	0.0pp
EPS (Diluted)	$2.35	—	$1.98	—	18.4%
Free Cash Flow	-$69M	—	$311M	—	-122.1%

Revenue Flow

Item	Amount
REVENUE	$10.2B
Cost of Revenue	$6.7B
GROSS PROFIT	$3.5B
R&D Expenses	$0
Selling & Marketing	$405M
General & Administrative	$705M
SG&A Expenses	$1.1B
Other Expenses	$212M
Operating Expenses	$1.3B
Cost & Expenses	$8.0B
OPERATING INCOME	$2.2B
Interest Income	$48M
Interest Expense	$123M
Other Income/Expenses	$366M
INCOME BEFORE TAX	$2.2B
Income Tax Expense	$710M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$583M
EBIT	$1.9B
EBITDA	$2.9B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$10.2B
Cost of Revenue	$6.7B
GROSS PROFIT	$3.5B
R&D Expenses	$0
Selling & Marketing	$405M
General & Administrative	$705M
SG&A Expenses	$1.1B
Other Expenses	$212M
Operating Expenses	$1.3B
Cost & Expenses	$8.0B
OPERATING INCOME	$2.2B
Interest Income	$48M
Interest Expense	$123M
Other Income/Expenses	$366M
INCOME BEFORE TAX	$2.2B
Income Tax Expense	$710M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$583M
EBIT	$1.9B
EBITDA	$2.9B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.4B
Depreciation & Amortization	$583M
Stock-Based Compensation	$29M
Deferred Income Tax	-$2.6B
Other Non-Cash Items	$2.4B
Change in Working Capital	-$137M
OPERATING CASH FLOW	$1.7B
Capital Expenditure	-$1.8B
Acquisitions (Net)	$42M
Purchases of Investments	-$7M
Sales/Maturities of Investments	$60.4K
Other Investing Activities	$59M
NET CASH FROM INVESTING	-$1.7B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$62M
NET CASH FROM FINANCING	-$62M
FREE CASH FLOW	-$69M
Net Change in Cash	$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$770M
Short-Term Investments	$26M
Net Receivables	$1.6B
Inventory	$1.2B
Other Current Assets	$1M
TOTAL CURRENT ASSETS	$4.0B
PP&E (Net)	$7.8B
Goodwill	$48M
Intangible Assets	$73M
Long-Term Investments	$209M
Tax Assets	$91M
Other Non-Current Assets	$111M
TOTAL NON-CURRENT ASSETS	$8.4B
TOTAL ASSETS	$12.3B
Account Payables	$91M
Short-Term Debt	$109M
Deferred Revenue	$45M
Other Current Liabilities	$749M
TOTAL CURRENT LIABILITIES	$1.9B
Long-Term Debt	$867M
Deferred Revenue NC	$27M
Deferred Tax Liabilities	$836M
Other Non-Current Liabilities	$707M
TOTAL NON-CURRENT LIABILITIES	$2.7B
TOTAL LIABILITIES	$4.6B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$6.8B
Treasury Stock	$0
Accum. Other Comp. Income	$129M
Other Equity	-$425M
TOTAL STOCKHOLDERS' EQUITY	$7.6B
Minority Interest	$186M
TOTAL EQUITY	$7.8B
TOTAL LIABILITIES & EQUITY	$12.3B
Total Debt	$974M
Net Debt	$204M