Sasol Limited · JSE:SOL
Sasol — Shareholder Meeting (September 2014)
20 slides from Sasol's shareholder meeting presentation, September 2014
Slide 1: Understanding Sasol Inzalo and its financial statements
Understanding Sasol Inzalo and its financial statements
Slide 2: What you will hear today
Sasol Inzalo Public Limited (RF) What you will hear today ● Overview of the Sasol Inzalo transaction ● Which company you own shares in within the Sasol Inzalo group ● How to read financial statements and what they mean to you ● Important information on trading your shares ● Factors influencing a div
Slide 3: Before we begin
before we begin ● This presentation provides a summary and overview of your investment and how to read the company's financial statements. ● This presentation: ● does not provide a complete picture. For a complete picture you have to look at the Sasol Inzalo prospectus and your Funded Contract; ● do
Slide 4: Overview of the Sasol Inzalo transaction
overview of the Sasol Inzalo transaction ● Sasol Inzalo was created in 2008 by Sasol Limited, which is one of the largest companies listed on the JSE in South Africa. Sasol, through Sasol Inzalo, is able to: ● advance its transformation journey; ● broaden its shareholder base further; and ● further
Slide 5: Overview of the Sasol Inzalo transaction continued
overview of the Sasol Inzalo transaction continued To facilitate inclusive ownership in Sasol, potential shareholders were offered the choice of a Cash Invitation or a Funded Invitation: Sasol Inzalo The Cash Invitation - you The Funded Invitation – you became a Sasol Inzalo became a Sasol BEE ordin
Slide 6: The structure of the transaction
the structure of the transaction The black public (the Sasol R18,30 for each of the first 100 1 Inzalo shareholders) bought Sasol Inzalo Public ordinary shares and R36,60 for ordinary shares in this every Sasol Inzalo ordinary company Limited (RF) share thereafter Sasol Inzalo Public Limited (RF) bo
Slide 7: The company in which the debt lies
the company in which the debt lies ● The loans obtained for the portion of the Sasol Inzalo transaction in which you are a shareholder lie in: R18,30 for each of the The black public (the Sasol Sasol Inzalo first 100 shares and 1 Inzalo shareholders) bought R36,60 for every Sasol ordinary shares in
Slide 8: The debt explained (illustrative example)
the debt explained (illustrative example) Your Sasol Inzalo ordinary shares Sasol funding and dividends Total Value R9 150,00 25 shares @ R366,00 per share You Paid R457,50 25 shares @ R18,30 per share You Owe Sasol borrowed money from the banks to R8 692,50 fund this loan. This loan is reduced with
Slide 9: Financial reports and financial years
financial reports and financial years ● What is a financial report? ● it is a report that provides information on the company’s financial position and how it has performed at the end of its financial year. The Sasol Inzalo financial reports are prepared based on International Financial Reporting Sta
Slide 10: Issuing financial reports
issuing financial reports ● Sasol Inzalo Public Limited (RF) must issue two financial reports a year: ● an interim report – to report on the first 6 months of the financial year (available on 31 March each year); and ● an annual report – to report on the results for the full financial year (availabl
Slide 11: Understanding the financial statements
understanding the financial statements The key elements in a set of financial statements are: Statement of financial This report sets out the company’s equity, assets and Assets: position liabilities Things a company owns Liabilities: What the company owes others Equity = Assets – liabilities Income
Slide 12: Understanding the financial statements
understanding the financial statements Statement of changes in This report explains the composition of equity and Equity includes share capital, retained earnings / equity how it has changed over the financial year. It also accumulated loss and the investment fair value reflects whether dividends we
Slide 13: Statement of financial position
statement of financial position strictly confidential - not for further dissemination better together … we deliver 13
Slide 14: Statement of financial position (debt)
statement of financial position (debt) ● Liabilities, in terms of the statement of financial position of Sasol Inzalo Public Limited (RF), consists of: ● Long-term debt (debt repayable over a period of more than 12 months); and ● Short-term debt (repayable within a 12 month period). ● Sasol Inzalo P
Slide 15: Income statement
income statement strictly confidential - not for further dissemination better together … we deliver 15
Slide 16: Income statement (profit or loss)
income statement (profit or loss) ● As previously mentioned the income statement shows whether a company has made a profit or a loss during the 12 month period. ● Salient features of the income statement are: 4.6% -12.7% Finance income Finance expenses 2013 2012 2013 2012 Rm Rm Rm Rm 389 372 (562) (
Slide 17: Important information on trading your shares
important information on trading your shares ● Your Sasol Inzalo ordinary shares may only be sold to other black people or black groups; ● You may not use your Sasol Inzalo ordinary shares as security to obtain a loan; ● Trading takes place on a trading platform that is managed by Computershare; ● Y
Slide 18: Factors influencing a declaration of dividend
factors influencing a declaration of dividend ● If a company is performing well, it may decide to declare a dividend to shareholders depending on the future economic outlook, capital expansion plans and other uses for cash in the future (there is no guarantee that dividends will be paid); ● If a com
Slide 19: What happens in 2018
what happens in 2018 ● Sasol Preferred ordinary shares will become Sasol ordinary shares listed on the JSE at the end of the Empowerment Period (7 September 2018); ● Some of the Sasol ordinary shares will be sold and money used to pay off outstanding debt which may still be owed by Sasol Inzalo Publ
Slide 20: Contact details
contact details ● For any information pertaining to your Sasol Inzalo ordinary shares you can contact Computershare on: ● Telephone: 0800 000 222 ● Email: sasolinzalo@computershare.co.za ● Physical address: 70 Marshall Street Johannesburg 2001 ● Postal address: P O Box 61051 Marshalltown 2107 strict