SSL Q2 2011 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

Q2 2011 Earnings

Reported December 30, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2011	Q1 2011	Q2 2010	QoQ Change	YoY Change
Revenue	$4.3B	—	$3.7B	—	16.5%
Op. Income	$905M	—	$723M	—	25.1%
Gross Margin	36.5%	—	35.2%	—	1.3pp
Net Margin	13.9%	—	13.0%	—	0.9pp
EPS (Diluted)	$0.99	—	$0.80	—	23.8%
Free Cash Flow	$156M	—	-$17M	—	989.6%

Revenue Flow

Item	Amount
REVENUE	$4.3B
Cost of Revenue	$2.7B
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$205M
General & Administrative	$395M
SG&A Expenses	$601M
Other Expenses	$131M
Operating Expenses	$662M
Cost & Expenses	$3.4B
OPERATING INCOME	$905M
Interest Income	$30M
Interest Expense	$55M
Other Income/Expenses	$166M
INCOME BEFORE TAX	$889M
Income Tax Expense	$278M
Net Income from Continuing Ops	$598M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$598M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$598M
D&A	$224M
EBIT	$783M
EBITDA	$973M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$4.3B
Cost of Revenue	$2.7B
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$205M
General & Administrative	$395M
SG&A Expenses	$601M
Other Expenses	$131M
Operating Expenses	$662M
Cost & Expenses	$3.4B
OPERATING INCOME	$905M
Interest Income	$30M
Interest Expense	$55M
Other Income/Expenses	$166M
INCOME BEFORE TAX	$889M
Income Tax Expense	$278M
Net Income from Continuing Ops	$598M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$598M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$598M
D&A	$224M
EBIT	$783M
EBITDA	$973M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$598M
Depreciation & Amortization	$224M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$30M
Change in Working Capital	-$72M
OPERATING CASH FLOW	$780M
Capital Expenditure	-$624M
Acquisitions (Net)	$664.6K
Purchases of Investments	-$3M
Sales/Maturities of Investments	$2M
Other Investing Activities	-$115M
NET CASH FROM INVESTING	-$739M
Net Debt Issuance	$0
Common Stock Repurchased	$16M
Common Dividends Paid	-$13M
Other Financing Activities	$21M
NET CASH FROM FINANCING	$9M
FREE CASH FLOW	$156M
Net Change in Cash	$74M

Balance Sheet

Item	Amount
Cash & Equivalents	$805M
Short-Term Investments	$2M
Net Receivables	$1.2B
Inventory	$987M
Other Current Assets	$7M
TOTAL CURRENT ASSETS	$3.2B
PP&E (Net)	$1.8B
Goodwill	$42M
Intangible Assets	$67M
Long-Term Investments	$180M
Tax Assets	$61M
Other Non-Current Assets	$4.2B
TOTAL NON-CURRENT ASSETS	$6.4B
TOTAL ASSETS	$9.6B
Account Payables	$0
Short-Term Debt	$88M
Deferred Revenue	$0
Other Current Liabilities	$1.2B
TOTAL CURRENT LIABILITIES	$1.3B
Long-Term Debt	$853M
Deferred Revenue NC	$22M
Deferred Tax Liabilities	$676M
Other Non-Current Liabilities	$539M
TOTAL NON-CURRENT LIABILITIES	$2.3B
TOTAL LIABILITIES	$3.6B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$5.2B
TOTAL STOCKHOLDERS' EQUITY	$5.8B
Minority Interest	$154M
TOTAL EQUITY	$5.9B
TOTAL LIABILITIES & EQUITY	$9.6B
Total Debt	$956M
Net Debt	$151M