SSL FY 2014 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

FY 2014 Earnings

Reported June 29, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$12.2B	—	$10.3B	—	19.3%
Op. Income	$2.9B	—	$2.3B	—	23.5%
Gross Margin	51.9%	—	50.6%	—	1.2pp
Net Margin	14.6%	—	15.5%	—	-0.9pp
EPS (Diluted)	$2.92	—	$2.62	—	11.5%
Free Cash Flow	$1.1B	—	$1.0B	—	10.6%

Revenue Flow

Item	Amount
REVENUE	$12.2B
Cost of Revenue	$5.9B
GROSS PROFIT	$6.4B
R&D Expenses	$0
Selling & Marketing	$348M
General & Administrative	$2.1B
SG&A Expenses	$2.4B
Other Expenses	$0
Operating Expenses	$3.6B
Cost & Expenses	$9.5B
OPERATING INCOME	$2.9B
Interest Income	$38M
Interest Expense	$0
Other Income/Expenses	-$455M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$888M
Net Income from Continuing Ops	$1.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.8B
D&A	$817M
EBIT	$0
EBITDA	$3.2B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$12.2B
Cost of Revenue	$5.9B
GROSS PROFIT	$6.4B
R&D Expenses	$0
Selling & Marketing	$348M
General & Administrative	$2.1B
SG&A Expenses	$2.4B
Other Expenses	$0
Operating Expenses	$3.6B
Cost & Expenses	$9.5B
OPERATING INCOME	$2.9B
Interest Income	$38M
Interest Expense	$0
Other Income/Expenses	-$455M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$888M
Net Income from Continuing Ops	$1.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.8B
D&A	$817M
EBIT	$0
EBITDA	$3.2B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.8B
Depreciation & Amortization	$817M
Stock-Based Compensation	$367M
Deferred Income Tax	$0
Other Non-Cash Items	$777M
Change in Working Capital	-$290M
OPERATING CASH FLOW	$3.5B
Capital Expenditure	-$2.3B
Acquisitions (Net)	$483.4K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$53M
NET CASH FROM INVESTING	-$2.3B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$800M
Other Financing Activities	-$746M
NET CASH FROM FINANCING	-$746M
FREE CASH FLOW	$1.1B
Net Change in Cash	$451M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.2B
Short-Term Investments	$25M
Net Receivables	$1.5B
Inventory	$1.6B
Other Current Assets	$498M
TOTAL CURRENT ASSETS	$5.9B
PP&E (Net)	$9.8B
Goodwill	$39M
Intangible Assets	$114M
Long-Term Investments	$636M
Tax Assets	$0
Other Non-Current Assets	$427M
TOTAL NON-CURRENT ASSETS	$11.1B
TOTAL ASSETS	$16.9B
Account Payables	$92M
Short-Term Debt	$182M
Deferred Revenue	$0
Other Current Liabilities	$1.1B
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$2.3B
TOTAL NON-CURRENT LIABILITIES	$4.0B
TOTAL LIABILITIES	$6.4B
Common Stock	$1.8B
Additional Paid-In Capital	$0
Retained Earnings	$8.7B
Treasury Stock	$0
Accum. Other Comp. Income	$25M
Other Equity	-$160M
TOTAL STOCKHOLDERS' EQUITY	$10.3B
Minority Interest	$229M
TOTAL EQUITY	$10.6B
TOTAL LIABILITIES & EQUITY	$16.9B
Total Debt	$1.6B
Net Debt	-$648M