SSL Q2 2017 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

Q2 2017 Earnings

Reported December 31, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$5.1B	—	$5.1B	—	0.5%
Op. Income	$873M	—	$1.3B	—	-31.3%
Gross Margin	53.5%	—	53.5%	—	-0.0pp
Net Margin	10.2%	—	8.7%	—	1.6pp
EPS (Diluted)	$0.86	—	$0.72	—	18.5%
Free Cash Flow	-$1.0B	—	-$700M	—	-44.4%

Revenue Flow

Item	Amount
REVENUE	$5.1B
Cost of Revenue	$2.4B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$201M
General & Administrative	$730M
SG&A Expenses	$931M
Other Expenses	$0
Operating Expenses	$1.9B
Cost & Expenses	$4.3B
OPERATING INCOME	$873M
Interest Income	$36M
Interest Expense	$0
Other Income/Expenses	-$433M
INCOME BEFORE TAX	$789M
Income Tax Expense	$224M
Net Income from Continuing Ops	$250M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$524M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$221M
D&A	$493M
EBIT	$635M
EBITDA	$1.4B
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	$201M
General & Administrative	$730M
SG&A Expenses	$931M
Other Expenses	$0
Operating Expenses	$1.9B
Cost & Expenses	$4.3B
OPERATING INCOME	$873M
Interest Income	$36M
Interest Expense	$0
Other Income/Expenses	-$433M
INCOME BEFORE TAX	$789M
Income Tax Expense	$224M
Net Income from Continuing Ops	$250M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$524M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$221M
D&A	$493M
EBIT	$635M
EBITDA	$1.4B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$524M
Depreciation & Amortization	$493M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$202M
Change in Working Capital	$0
OPERATING CASH FLOW	$815M
Capital Expenditure	-$1.8B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$36M
NET CASH FROM INVESTING	-$1.8B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$215M
Other Financing Activities	-$38M
NET CASH FROM FINANCING	-$379M
FREE CASH FLOW	-$1.0B
Net Change in Cash	-$742M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.6B
Short-Term Investments	$0
Net Receivables	$1.9B
Inventory	$1.5B
Other Current Assets	$342M
TOTAL CURRENT ASSETS	$4.9B
PP&E (Net)	$16.4B
Goodwill	$0
Intangible Assets	$147M
Long-Term Investments	$726M
Tax Assets	$0
Other Non-Current Assets	$510M
TOTAL NON-CURRENT ASSETS	$17.8B
TOTAL ASSETS	$22.8B
Account Payables	$0
Short-Term Debt	$143M
Deferred Revenue	$0
Other Current Liabilities	$2.1B
TOTAL CURRENT LIABILITIES	$2.2B
Long-Term Debt	$4.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3.8B
TOTAL NON-CURRENT LIABILITIES	$7.8B
TOTAL LIABILITIES	$10.0B
Common Stock	$1.8B
Additional Paid-In Capital	$0
Retained Earnings	$10.1B
Treasury Stock	-$159M
Accum. Other Comp. Income	$637M
Other Equity	$375M
TOTAL STOCKHOLDERS' EQUITY	$12.4B
Minority Interest	$329M
TOTAL EQUITY	$12.7B
TOTAL LIABILITIES & EQUITY	$22.8B
Total Debt	$4.7B
Net Debt	$3.1B