SSL Q2 2016 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

Q2 2016 Earnings

Reported December 31, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$5.1B	—	$6.0B	—	-15.4%
Op. Income	$1.3B	—	$1.7B	—	-27.1%
Gross Margin	53.5%	—	51.3%	—	2.2pp
Net Margin	8.7%	—	19.6%	—	-10.9pp
EPS (Diluted)	$0.72	—	$1.91	—	-62.1%
Free Cash Flow	-$701M	—	$633M	—	-210.7%

Revenue Flow

Item	Amount
REVENUE	$5.1B
Cost of Revenue	$2.4B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$225M
General & Administrative	$722M
SG&A Expenses	$947M
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$4.2B
OPERATING INCOME	$1.3B
Interest Income	$22M
Interest Expense	$0
Other Income/Expenses	-$14M
INCOME BEFORE TAX	$879M
Income Tax Expense	$379M
Net Income from Continuing Ops	$609M
Net Income from Discontinued Ops	$0
Other Adjustments	-$149M
NET INCOME	$442M
Net Income Deductions	-$149M
BOTTOM LINE NET INCOME	$590M
D&A	$484M
EBIT	$871M
EBITDA	$1.8B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.1B
Cost of Revenue	$2.4B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$225M
General & Administrative	$722M
SG&A Expenses	$947M
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$4.2B
OPERATING INCOME	$1.3B
Interest Income	$22M
Interest Expense	$0
Other Income/Expenses	-$14M
INCOME BEFORE TAX	$879M
Income Tax Expense	$379M
Net Income from Continuing Ops	$609M
Net Income from Discontinued Ops	$0
Other Adjustments	-$149M
NET INCOME	$442M
Net Income Deductions	-$149M
BOTTOM LINE NET INCOME	$590M
D&A	$484M
EBIT	$871M
EBITDA	$1.8B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$442M
Depreciation & Amortization	$484M
Stock-Based Compensation	$29M
Deferred Income Tax	$0
Other Non-Cash Items	$420M
Change in Working Capital	-$48M
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$2.0B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$94M
NET CASH FROM INVESTING	-$1.9B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$253M
Other Financing Activities	$199M
NET CASH FROM FINANCING	$524M
FREE CASH FLOW	-$701M
Net Change in Cash	$240M

Balance Sheet

Item	Amount
Cash & Equivalents	$3.4B
Short-Term Investments	$65M
Net Receivables	$1.6B
Inventory	$1.5B
Other Current Assets	$320M
TOTAL CURRENT ASSETS	$7.2B
PP&E (Net)	$14.2B
Goodwill	$31M
Intangible Assets	$147M
Long-Term Investments	$912M
Tax Assets	$0
Other Non-Current Assets	$371M
TOTAL NON-CURRENT ASSETS	$15.6B
TOTAL ASSETS	$22.9B
Account Payables	$0
Short-Term Debt	$209M
Deferred Revenue	$0
Other Current Liabilities	$2.2B
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$2.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$5.4B
TOTAL NON-CURRENT LIABILITIES	$7.3B
TOTAL LIABILITIES	$9.8B
Common Stock	$1.8B
Additional Paid-In Capital	$0
Retained Earnings	$9.8B
Treasury Stock	-$160M
Accum. Other Comp. Income	$1.3B
Other Equity	-$1.6B
TOTAL STOCKHOLDERS' EQUITY	$12.8B
Minority Interest	$312M
TOTAL EQUITY	$13.1B
TOTAL LIABILITIES & EQUITY	$22.9B
Total Debt	$4.2B
Net Debt	$799M