SSL FY 2013 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

FY 2013 Earnings

Reported June 29, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$10.3B	—	$10.2B	—	0.3%
Op. Income	$2.3B	—	$2.2B	—	4.2%
Gross Margin	50.6%	—	34.5%	—	16.2pp
Net Margin	15.5%	—	13.9%	—	1.5pp
EPS (Diluted)	$2.62	—	$2.35	—	11.3%
Free Cash Flow	$1.0B	—	-$69M	—	1573.8%

Revenue Flow

Item	Amount
REVENUE	$10.3B
Cost of Revenue	$5.1B
GROSS PROFIT	$5.2B
R&D Expenses	$0
Selling & Marketing	$308M
General & Administrative	$1.5B
SG&A Expenses	$1.8B
Other Expenses	$0
Operating Expenses	$2.7B
Cost & Expenses	$7.8B
OPERATING INCOME	$2.3B
Interest Income	$64M
Interest Expense	$0
Other Income/Expenses	$85M
INCOME BEFORE TAX	$2.4B
Income Tax Expense	$761M
Net Income from Continuing Ops	$1.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$672M
EBIT	$2.3B
EBITDA	$3.0B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$10.3B
Cost of Revenue	$5.1B
GROSS PROFIT	$5.2B
R&D Expenses	$0
Selling & Marketing	$308M
General & Administrative	$1.5B
SG&A Expenses	$1.8B
Other Expenses	$0
Operating Expenses	$2.7B
Cost & Expenses	$7.8B
OPERATING INCOME	$2.3B
Interest Income	$64M
Interest Expense	$0
Other Income/Expenses	$85M
INCOME BEFORE TAX	$2.4B
Income Tax Expense	$761M
Net Income from Continuing Ops	$1.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$672M
EBIT	$2.3B
EBITDA	$3.0B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.6B
Depreciation & Amortization	$672M
Stock-Based Compensation	$123M
Deferred Income Tax	$0
Other Non-Cash Items	$792M
Change in Working Capital	-$330M
OPERATING CASH FLOW	$2.8B
Capital Expenditure	-$1.8B
Acquisitions (Net)	-$44M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$14M
NET CASH FROM INVESTING	-$1.9B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$652M
Other Financing Activities	$590M
NET CASH FROM FINANCING	-$137M
FREE CASH FLOW	$1.0B
Net Change in Cash	$854M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.5B
Short-Term Investments	$90M
Net Receivables	$1.5B
Inventory	$1.4B
Other Current Assets	$763M
TOTAL CURRENT ASSETS	$5.2B
PP&E (Net)	$8.5B
Goodwill	$35M
Intangible Assets	$86M
Long-Term Investments	$718M
Tax Assets	$0
Other Non-Current Assets	$325M
TOTAL NON-CURRENT ASSETS	$9.7B
TOTAL ASSETS	$14.9B
Account Payables	$87M
Short-Term Debt	$199M
Deferred Revenue	$0
Other Current Liabilities	$758M
TOTAL CURRENT LIABILITIES	$2.1B
Long-Term Debt	$775M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$3.5B
TOTAL LIABILITIES	$5.6B
Common Stock	$1.7B
Additional Paid-In Capital	$0
Retained Earnings	$7.7B
Treasury Stock	$0
Accum. Other Comp. Income	-$271M
Other Equity	-$2.0B
TOTAL STOCKHOLDERS' EQUITY	$9.0B
Minority Interest	$200M
TOTAL EQUITY	$9.2B
TOTAL LIABILITIES & EQUITY	$14.9B
Total Debt	$1.4B
Net Debt	-$96M