SSL Q4 2015 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

Q4 2015 Earnings

Reported June 30, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2015	Q3 2015	Q4 2014	QoQ Change	YoY Change
Revenue	$5.2B	—	$6.3B	—	-18.2%
Op. Income	$1.1B	—	$1.4B	—	-20.1%
Gross Margin	54.1%	—	52.7%	—	1.4pp
Net Margin	11.9%	—	16.2%	—	-4.3pp
EPS (Diluted)	$0.99	—	$1.65	—	-40.0%
Free Cash Flow	-$110M	—	$854M	—	-112.9%

Revenue Flow

Item	Amount
REVENUE	$5.2B
Cost of Revenue	$2.4B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$183M
General & Administrative	$925M
SG&A Expenses	$1.1B
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$4.2B
OPERATING INCOME	$1.1B
Interest Income	$28M
Interest Expense	$0
Other Income/Expenses	-$396M
INCOME BEFORE TAX	$968M
Income Tax Expense	$304M
Net Income from Continuing Ops	$521M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$615M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$510M
D&A	$424M
EBIT	$710M
EBITDA	$922M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.2B
Cost of Revenue	$2.4B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$183M
General & Administrative	$925M
SG&A Expenses	$1.1B
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$4.2B
OPERATING INCOME	$1.1B
Interest Income	$28M
Interest Expense	$0
Other Income/Expenses	-$396M
INCOME BEFORE TAX	$968M
Income Tax Expense	$304M
Net Income from Continuing Ops	$521M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$615M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$510M
D&A	$424M
EBIT	$710M
EBITDA	$922M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$615M
Depreciation & Amortization	$424M
Stock-Based Compensation	$68M
Deferred Income Tax	$0
Other Non-Cash Items	-$71M
Change in Working Capital	$286M
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$1.4B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$141M
NET CASH FROM INVESTING	-$1.3B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$148M
Other Financing Activities	$44M
NET CASH FROM FINANCING	$127M
FREE CASH FLOW	-$110M
Net Change in Cash	$124M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.9B
Short-Term Investments	$0
Net Receivables	$1.5B
Inventory	$1.4B
Other Current Assets	$447M
TOTAL CURRENT ASSETS	$6.4B
PP&E (Net)	$12.0B
Goodwill	$36M
Intangible Assets	$103M
Long-Term Investments	$767M
Tax Assets	$0
Other Non-Current Assets	$250M
TOTAL NON-CURRENT ASSETS	$13.1B
TOTAL ASSETS	$19.6B
Account Payables	$779M
Short-Term Debt	$182M
Deferred Revenue	$0
Other Current Liabilities	$841M
TOTAL CURRENT LIABILITIES	$2.5B
Long-Term Debt	$2.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$2.8B
TOTAL NON-CURRENT LIABILITIES	$5.2B
TOTAL LIABILITIES	$7.7B
Common Stock	$1.8B
Additional Paid-In Capital	$0
Retained Earnings	$9.7B
Treasury Stock	-$160M
Accum. Other Comp. Income	$238M
Other Equity	-$1.2B
TOTAL STOCKHOLDERS' EQUITY	$11.6B
Minority Interest	$294M
TOTAL EQUITY	$11.9B
TOTAL LIABILITIES & EQUITY	$19.6B
Total Debt	$2.6B
Net Debt	-$327M