SSL Q4 2013 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

Q4 2013 Earnings

Reported June 30, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2013	Q3 2013	Q4 2012	QoQ Change	YoY Change
Revenue	$5.4B	—	$5.1B	—	6.3%
Op. Income	$1.2B	—	$1.1B	—	12.3%
Gross Margin	51.5%	—	34.5%	—	17.1pp
Net Margin	15.7%	—	13.9%	—	1.8pp
EPS (Diluted)	$1.41	—	$1.18	—	19.7%
Free Cash Flow	$875M	—	-$34M	—	2649.5%

Revenue Flow

Item	Amount
REVENUE	$5.4B
Cost of Revenue	$2.6B
GROSS PROFIT	$2.8B
R&D Expenses	$82M
Selling & Marketing	$166M
General & Administrative	$881M
SG&A Expenses	$1.0B
Other Expenses	$0
Operating Expenses	$1.5B
Cost & Expenses	$4.1B
OPERATING INCOME	$1.2B
Interest Income	$30M
Interest Expense	$0
Other Income/Expenses	$33M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$402M
Net Income from Continuing Ops	$853M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$853M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$853M
D&A	$359M
EBIT	$1.2B
EBITDA	$1.6B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.4B
Cost of Revenue	$2.6B
GROSS PROFIT	$2.8B
R&D Expenses	$82M
Selling & Marketing	$166M
General & Administrative	$881M
SG&A Expenses	$1.0B
Other Expenses	$0
Operating Expenses	$1.5B
Cost & Expenses	$4.1B
OPERATING INCOME	$1.2B
Interest Income	$30M
Interest Expense	$0
Other Income/Expenses	$33M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$402M
Net Income from Continuing Ops	$853M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$853M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$853M
D&A	$359M
EBIT	$1.2B
EBITDA	$1.6B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$853M
Depreciation & Amortization	$359M
Stock-Based Compensation	$97M
Deferred Income Tax	$0
Other Non-Cash Items	$552M
Change in Working Capital	$12M
OPERATING CASH FLOW	$1.9B
Capital Expenditure	-$998M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$5M
NET CASH FROM INVESTING	-$1.0B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$213M
Other Financing Activities	-$352M
NET CASH FROM FINANCING	-$564M
FREE CASH FLOW	$875M
Net Change in Cash	$165M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.5B
Short-Term Investments	$90M
Net Receivables	$1.5B
Inventory	$1.4B
Other Current Assets	$763M
TOTAL CURRENT ASSETS	$5.2B
PP&E (Net)	$8.5B
Goodwill	$35M
Intangible Assets	$86M
Long-Term Investments	$718M
Tax Assets	$0
Other Non-Current Assets	$325M
TOTAL NON-CURRENT ASSETS	$9.7B
TOTAL ASSETS	$14.9B
Account Payables	$861M
Short-Term Debt	$84M
Deferred Revenue	$0
Other Current Liabilities	$664M
TOTAL CURRENT LIABILITIES	$2.1B
Long-Term Debt	$700M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$3.5B
TOTAL LIABILITIES	$5.6B
Common Stock	$1.7B
Additional Paid-In Capital	$0
Retained Earnings	$7.7B
Treasury Stock	$0
Accum. Other Comp. Income	-$271M
Other Equity	$776M
TOTAL STOCKHOLDERS' EQUITY	$9.0B
Minority Interest	$200M
TOTAL EQUITY	$9.2B
TOTAL LIABILITIES & EQUITY	$14.9B
Total Debt	$1.4B
Net Debt	-$96M