SSL Q4 2017 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

Q4 2017 Earnings

Reported June 30, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2017	Q3 2017	Q4 2016	QoQ Change	YoY Change
Revenue	$5.3B	—	$5.3B	—	-1.1%
Op. Income	$1.2B	—	$890M	—	36.2%
Gross Margin	53.6%	—	54.2%	—	-0.6pp
Net Margin	13.4%	—	6.7%	—	6.7pp
EPS (Diluted)	$1.15	—	$0.58	—	96.9%
Free Cash Flow	-$388M	—	-$1.1B	—	63.3%

Revenue Flow

Item	Amount
REVENUE	$5.3B
Cost of Revenue	$2.5B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$186M
General & Administrative	$856M
SG&A Expenses	$1.0B
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$4.2B
OPERATING INCOME	$1.2B
Interest Income	$43M
Interest Expense	$0
Other Income/Expenses	-$783M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	$288M
Net Income from Continuing Ops	$204M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$706M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$178M
D&A	$485M
EBIT	$431M
EBITDA	$683M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.3B
Cost of Revenue	$2.5B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$186M
General & Administrative	$856M
SG&A Expenses	$1.0B
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$4.2B
OPERATING INCOME	$1.2B
Interest Income	$43M
Interest Expense	$0
Other Income/Expenses	-$783M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	$288M
Net Income from Continuing Ops	$204M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$706M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$178M
D&A	$485M
EBIT	$431M
EBITDA	$683M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$706M
Depreciation & Amortization	$485M
Stock-Based Compensation	$14M
Deferred Income Tax	$0
Other Non-Cash Items	$436M
Change in Working Capital	-$215M
OPERATING CASH FLOW	$1.4B
Capital Expenditure	-$1.8B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$181M
NET CASH FROM INVESTING	-$1.6B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$107M
Other Financing Activities	$554M
NET CASH FROM FINANCING	$374M
FREE CASH FLOW	-$388M
Net Change in Cash	$52M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.7B
Short-Term Investments	$0
Net Receivables	$1.3B
Inventory	$1.5B
Other Current Assets	$756M
TOTAL CURRENT ASSETS	$5.3B
PP&E (Net)	$17.5B
Goodwill	$0
Intangible Assets	$142M
Long-Term Investments	$772M
Tax Assets	$0
Other Non-Current Assets	$381M
TOTAL NON-CURRENT ASSETS	$18.8B
TOTAL ASSETS	$24.1B
Account Payables	$721M
Short-Term Debt	$129M
Deferred Revenue	$0
Other Current Liabilities	$1.9B
TOTAL CURRENT LIABILITIES	$3.1B
Long-Term Debt	$4.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3.1B
TOTAL NON-CURRENT LIABILITIES	$7.8B
TOTAL LIABILITIES	$11.0B
Common Stock	$1.8B
Additional Paid-In Capital	$0
Retained Earnings	$10.7B
Treasury Stock	-$159M
Accum. Other Comp. Income	$504M
Other Equity	-$284M
TOTAL STOCKHOLDERS' EQUITY	$12.8B
Minority Interest	$333M
TOTAL EQUITY	$13.1B
TOTAL LIABILITIES & EQUITY	$24.1B
Total Debt	$5.1B
Net Debt	$3.4B