SSL FY 2019 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

FY 2019 Earnings

Reported June 29, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$12.3B	—	$11.0B	—	12.2%
Op. Income	$1.7B	—	$1.7B	—	3.4%
Gross Margin	50.5%	—	52.7%	—	-2.3pp
Net Margin	1.7%	—	4.8%	—	-3.1pp
EPS (Diluted)	$0.33	—	$0.86	—	-61.5%
Free Cash Flow	-$838M	—	-$1.2B	—	29.8%

Revenue Flow

Item	Amount
REVENUE	$12.3B
Cost of Revenue	$6.1B
GROSS PROFIT	$6.2B
R&D Expenses	$0
Selling & Marketing	$473M
General & Administrative	$2.3B
SG&A Expenses	$2.7B
Other Expenses	$0
Operating Expenses	$5.6B
Cost & Expenses	$11.7B
OPERATING INCOME	$1.7B
Interest Income	$145M
Interest Expense	$0
Other Income/Expenses	-$894M
INCOME BEFORE TAX	$481M
Income Tax Expense	$169M
Net Income from Continuing Ops	$612M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$205M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$527M
D&A	$991M
EBIT	$1.7B
EBITDA	$2.8B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$12.3B
Cost of Revenue	$6.1B
GROSS PROFIT	$6.2B
R&D Expenses	$0
Selling & Marketing	$473M
General & Administrative	$2.3B
SG&A Expenses	$2.7B
Other Expenses	$0
Operating Expenses	$5.6B
Cost & Expenses	$11.7B
OPERATING INCOME	$1.7B
Interest Income	$145M
Interest Expense	$0
Other Income/Expenses	-$894M
INCOME BEFORE TAX	$481M
Income Tax Expense	$169M
Net Income from Continuing Ops	$612M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$205M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$527M
D&A	$991M
EBIT	$1.7B
EBITDA	$2.8B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$205M
Depreciation & Amortization	$1.1B
Stock-Based Compensation	$100M
Deferred Income Tax	$0
Other Non-Cash Items	$1.2B
Change in Working Capital	-$48M
OPERATING CASH FLOW	$2.5B
Capital Expenditure	-$3.4B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$38M
NET CASH FROM INVESTING	-$3.4B
Net Debt Issuance	$951M
Common Stock Repurchased	$0
Common Dividends Paid	-$480M
Other Financing Activities	-$156M
NET CASH FROM FINANCING	$795M
FREE CASH FLOW	-$838M
Net Change in Cash	-$74M

Balance Sheet

Item	Amount
Cash & Equivalents	$958M
Short-Term Investments	$38M
Net Receivables	$1.4B
Inventory	$1.8B
Other Current Assets	$600M
TOTAL CURRENT ASSETS	$4.7B
PP&E (Net)	$21.6B
Goodwill	$0
Intangible Assets	$203M
Long-Term Investments	$672M
Tax Assets	$0
Other Non-Current Assets	$975M
TOTAL NON-CURRENT ASSETS	$23.4B
TOTAL ASSETS	$28.1B
Account Payables	$815M
Short-Term Debt	$893M
Deferred Revenue	$0
Other Current Liabilities	$778M
TOTAL CURRENT LIABILITIES	$3.0B
Long-Term Debt	$8.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	-$1.0B
TOTAL NON-CURRENT LIABILITIES	$11.7B
TOTAL LIABILITIES	$14.7B
Common Stock	$597M
Additional Paid-In Capital	$0
Retained Earnings	$10.8B
Treasury Stock	$0
Accum. Other Comp. Income	$1.7B
Other Equity	-$348M
TOTAL STOCKHOLDERS' EQUITY	$13.1B
Minority Interest	$355M
TOTAL EQUITY	$13.5B
TOTAL LIABILITIES & EQUITY	$28.1B
Total Debt	$8.4B
Net Debt	$7.4B