SSL FY 2018 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

FY 2018 Earnings

Reported June 29, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$11.0B	—	$10.4B	—	5.3%
Op. Income	$1.7B	—	$2.0B	—	-15.9%
Gross Margin	52.7%	—	53.5%	—	-0.8pp
Net Margin	4.8%	—	11.8%	—	-7.0pp
EPS (Diluted)	$0.86	—	$2.01	—	-57.4%
Free Cash Flow	-$1.2B	—	-$1.4B	—	14.7%

Revenue Flow

Item	Amount
REVENUE	$11.0B
Cost of Revenue	$5.2B
GROSS PROFIT	$5.8B
R&D Expenses	$0
Selling & Marketing	$426M
General & Administrative	$1.8B
SG&A Expenses	$2.3B
Other Expenses	$0
Operating Expenses	$4.7B
Cost & Expenses	$9.9B
OPERATING INCOME	$1.7B
Interest Income	$106M
Interest Expense	$0
Other Income/Expenses	-$200M
INCOME BEFORE TAX	$948M
Income Tax Expense	$335M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$527M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$978M
EBIT	$2.0B
EBITDA	$3.0B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$11.0B
Cost of Revenue	$5.2B
GROSS PROFIT	$5.8B
R&D Expenses	$0
Selling & Marketing	$426M
General & Administrative	$1.8B
SG&A Expenses	$2.3B
Other Expenses	$0
Operating Expenses	$4.7B
Cost & Expenses	$9.9B
OPERATING INCOME	$1.7B
Interest Income	$106M
Interest Expense	$0
Other Income/Expenses	-$200M
INCOME BEFORE TAX	$948M
Income Tax Expense	$335M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$527M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$978M
EBIT	$2.0B
EBITDA	$3.0B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$527M
Depreciation & Amortization	$1.0B
Stock-Based Compensation	$267M
Deferred Income Tax	$0
Other Non-Cash Items	$597M
Change in Working Capital	-$374M
OPERATING CASH FLOW	$2.0B
Capital Expenditure	-$3.2B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$38M
NET CASH FROM INVESTING	-$3.3B
Net Debt Issuance	$417M
Common Stock Repurchased	$0
Common Dividends Paid	-$580M
Other Financing Activities	$579M
NET CASH FROM FINANCING	$432M
FREE CASH FLOW	-$1.2B
Net Change in Cash	-$741M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.0B
Short-Term Investments	$5M
Net Receivables	$1.3B
Inventory	$1.8B
Other Current Assets	$758M
TOTAL CURRENT ASSETS	$4.9B
PP&E (Net)	$20.1B
Goodwill	$0
Intangible Assets	$162M
Long-Term Investments	$738M
Tax Assets	$0
Other Non-Current Assets	$618M
TOTAL NON-CURRENT ASSETS	$21.6B
TOTAL ASSETS	$26.5B
Account Payables	$721M
Short-Term Debt	$594M
Deferred Revenue	$0
Other Current Liabilities	$1.4B
TOTAL CURRENT LIABILITIES	$3.6B
Long-Term Debt	$4.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$4.6B
TOTAL NON-CURRENT LIABILITIES	$9.1B
TOTAL LIABILITIES	$12.7B
Common Stock	$952M
Additional Paid-In Capital	$0
Retained Earnings	$11.1B
Treasury Stock	-$159M
Accum. Other Comp. Income	$1.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$13.5B
Minority Interest	$339M
TOTAL EQUITY	$13.8B
TOTAL LIABILITIES & EQUITY	$26.5B
Total Debt	$6.7B
Net Debt	$5.7B