SSL Q2 2021 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

Q2 2021 Earnings

Reported December 31, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2021	Q1 2021	Q2 2020	QoQ Change	YoY Change
Revenue	$5.6B	—	$6.0B	—	-7.3%
Op. Income	$866M	—	$577M	—	50.1%
Gross Margin	49.0%	—	47.9%	—	1.0pp
Net Margin	15.8%	—	4.1%	—	11.7pp
EPS (Diluted)	$1.41	—	$0.39	—	256.7%
Free Cash Flow	-$21M	—	-$487M	—	95.7%

Revenue Flow

Item	Amount
REVENUE	$5.6B
Cost of Revenue	$2.8B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$249M
General & Administrative	$877M
SG&A Expenses	$1.1B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$4.2B
OPERATING INCOME	$866M
Interest Income	$206M
Interest Expense	$0
Other Income/Expenses	-$63M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$178M
Net Income from Continuing Ops	$136M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$875M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$122M
D&A	$546M
EBIT	$288M
EBITDA	$619M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.6B
Cost of Revenue	$2.8B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$249M
General & Administrative	$877M
SG&A Expenses	$1.1B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$4.2B
OPERATING INCOME	$866M
Interest Income	$206M
Interest Expense	$0
Other Income/Expenses	-$63M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$178M
Net Income from Continuing Ops	$136M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$875M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$122M
D&A	$546M
EBIT	$288M
EBITDA	$619M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$875M
Depreciation & Amortization	$546M
Stock-Based Compensation	$52M
Deferred Income Tax	$0
Other Non-Cash Items	-$1.0B
Change in Working Capital	$0
OPERATING CASH FLOW	$432M
Capital Expenditure	-$453M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1.9B
NET CASH FROM INVESTING	$1.5B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$331.9K
Other Financing Activities	-$2.2B
NET CASH FROM FINANCING	-$2.2B
FREE CASH FLOW	-$21M
Net Change in Cash	-$421M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.7B
Short-Term Investments	$0
Net Receivables	$1.6B
Inventory	$1.6B
Other Current Assets	$216M
TOTAL CURRENT ASSETS	$6.1B
PP&E (Net)	$15.0B
Goodwill	$0
Intangible Assets	$143M
Long-Term Investments	$622M
Tax Assets	$0
Other Non-Current Assets	$2.0B
TOTAL NON-CURRENT ASSETS	$17.8B
TOTAL ASSETS	$24.0B
Account Payables	$0
Short-Term Debt	$1.1B
Deferred Revenue	$0
Other Current Liabilities	$2.4B
TOTAL CURRENT LIABILITIES	$3.5B
Long-Term Debt	$7.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3.8B
TOTAL NON-CURRENT LIABILITIES	$10.8B
TOTAL LIABILITIES	$14.3B
Common Stock	$597M
Additional Paid-In Capital	$0
Retained Earnings	$6.4B
Treasury Stock	$0
Accum. Other Comp. Income	$2.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$9.4B
Minority Interest	$331M
TOTAL EQUITY	$9.7B
TOTAL LIABILITIES & EQUITY	$24.0B
Total Debt	$8.6B
Net Debt	$7.0B