SSL Q2 2012 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

Q2 2012 Earnings

Reported December 30, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2012	Q1 2012	Q2 2011	QoQ Change	YoY Change
Revenue	$5.1B	—	$4.3B	—	19.0%
Op. Income	$1.1B	—	$905M	—	22.7%
Gross Margin	34.5%	—	36.5%	—	-2.0pp
Net Margin	13.9%	—	13.9%	—	0.0pp
EPS (Diluted)	$1.18	—	$0.99	—	18.4%
Free Cash Flow	-$34M	—	$156M	—	-122.1%

Revenue Flow

Item	Amount
REVENUE	$5.1B
Cost of Revenue	$3.4B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$202M
General & Administrative	$353M
SG&A Expenses	$555M
Other Expenses	$106M
Operating Expenses	$661M
Cost & Expenses	$4.0B
OPERATING INCOME	$1.1B
Interest Income	$24M
Interest Expense	$61M
Other Income/Expenses	$183M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$355M
Net Income from Continuing Ops	$712M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$712M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$712M
D&A	$292M
EBIT	$971M
EBITDA	$1.4B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.1B
Cost of Revenue	$3.4B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$202M
General & Administrative	$353M
SG&A Expenses	$555M
Other Expenses	$106M
Operating Expenses	$661M
Cost & Expenses	$4.0B
OPERATING INCOME	$1.1B
Interest Income	$24M
Interest Expense	$61M
Other Income/Expenses	$183M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$355M
Net Income from Continuing Ops	$712M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$712M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$712M
D&A	$292M
EBIT	$971M
EBITDA	$1.4B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$712M
Depreciation & Amortization	$292M
Stock-Based Compensation	$15M
Deferred Income Tax	-$1.3B
Other Non-Cash Items	$1.2B
Change in Working Capital	-$69M
OPERATING CASH FLOW	$847M
Capital Expenditure	-$881M
Acquisitions (Net)	$21M
Purchases of Investments	-$4M
Sales/Maturities of Investments	$30.2K
Other Investing Activities	$29M
NET CASH FROM INVESTING	-$834M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$31M
NET CASH FROM FINANCING	-$31M
FREE CASH FLOW	-$34M
Net Change in Cash	$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$535M
Short-Term Investments	$45M
Net Receivables	$1.4B
Inventory	$1.3B
Other Current Assets	$472M
TOTAL CURRENT ASSETS	$3.8B
PP&E (Net)	$7.4B
Goodwill	$48M
Intangible Assets	$67M
Long-Term Investments	$225M
Tax Assets	$75M
Other Non-Current Assets	$236M
TOTAL NON-CURRENT ASSETS	$8.0B
TOTAL ASSETS	$11.8B
Account Payables	$0
Short-Term Debt	$204M
Deferred Revenue	$0
Other Current Liabilities	$1.6B
TOTAL CURRENT LIABILITIES	$1.8B
Long-Term Debt	$869M
Deferred Revenue NC	$24M
Deferred Tax Liabilities	$836M
Other Non-Current Liabilities	$570M
TOTAL NON-CURRENT LIABILITIES	$2.6B
TOTAL LIABILITIES	$4.4B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$5.8B
TOTAL STOCKHOLDERS' EQUITY	$7.3B
Minority Interest	$169M
TOTAL EQUITY	$7.4B
TOTAL LIABILITIES & EQUITY	$11.8B
Total Debt	$1.1B
Net Debt	$525M