SSL Q4 2014 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

Q4 2014 Earnings

Reported June 30, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2014	Q3 2014	Q4 2013	QoQ Change	YoY Change
Revenue	$6.3B	—	$5.4B	—	16.0%
Op. Income	$1.4B	—	$1.2B	—	12.7%
Gross Margin	52.7%	—	51.5%	—	1.2pp
Net Margin	16.2%	—	15.7%	—	0.5pp
EPS (Diluted)	$1.65	—	$1.41	—	17.3%
Free Cash Flow	$854M	—	$875M	—	-2.4%

Revenue Flow

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$3.0B
GROSS PROFIT	$3.3B
R&D Expenses	$0
Selling & Marketing	$182M
General & Administrative	$1.1B
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.9B
Cost & Expenses	$4.8B
OPERATING INCOME	$1.4B
Interest Income	$10M
Interest Expense	$0
Other Income/Expenses	$857M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$411M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.0B
D&A	$396M
EBIT	$0
EBITDA	$785M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$3.0B
GROSS PROFIT	$3.3B
R&D Expenses	$0
Selling & Marketing	$182M
General & Administrative	$1.1B
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.9B
Cost & Expenses	$4.8B
OPERATING INCOME	$1.4B
Interest Income	$10M
Interest Expense	$0
Other Income/Expenses	$857M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$411M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.0B
D&A	$396M
EBIT	$0
EBITDA	$785M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.0B
Depreciation & Amortization	$396M
Stock-Based Compensation	$294M
Deferred Income Tax	$0
Other Non-Cash Items	$149M
Change in Working Capital	$132M
OPERATING CASH FLOW	$2.0B
Capital Expenditure	-$1.1B
Acquisitions (Net)	$483.4K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$93M
NET CASH FROM INVESTING	-$1.2B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$296M
Other Financing Activities	-$176M
NET CASH FROM FINANCING	-$208M
FREE CASH FLOW	$854M
Net Change in Cash	$277M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.2B
Short-Term Investments	$25M
Net Receivables	$1.5B
Inventory	$1.6B
Other Current Assets	$498M
TOTAL CURRENT ASSETS	$5.9B
PP&E (Net)	$9.8B
Goodwill	$39M
Intangible Assets	$114M
Long-Term Investments	$636M
Tax Assets	$0
Other Non-Current Assets	$427M
TOTAL NON-CURRENT ASSETS	$11.1B
TOTAL ASSETS	$16.9B
Account Payables	$861M
Short-Term Debt	$140M
Deferred Revenue	$0
Other Current Liabilities	$1.1B
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$2.2B
TOTAL NON-CURRENT LIABILITIES	$4.0B
TOTAL LIABILITIES	$6.4B
Common Stock	$1.8B
Additional Paid-In Capital	$0
Retained Earnings	$8.7B
Treasury Stock	$0
Accum. Other Comp. Income	$25M
Other Equity	-$955M
TOTAL STOCKHOLDERS' EQUITY	$10.3B
Minority Interest	$229M
TOTAL EQUITY	$10.6B
TOTAL LIABILITIES & EQUITY	$16.9B
Total Debt	$1.6B
Net Debt	-$648M