SASOLS CHIEF FINANCIAL OFFICER, CHRISTINE RAMON INVESTOR STRATEGY DAY PORTFOLIO MANAGEMENT AND FINANCE AS DELIVERED TUESDAY, 9 APRIL 2013 (NEW YORK) Copyright 2013 Sasol Limited Page 1 of 9
Good morning ladies and gentlemen. We have prioritised our mega projects and have steadily begun to advance our growth strategy, as David has already pointed out in quite some detail. In December of last year, we announced that we have…
We have solid processes in place to ensure that we allocate capital optimally, with our ultimate goal to sustainably grow long-term shareholder value. The first clear use of group capital is investing back into the business to support…
Slide 16 Prioritising our strong project pipeline All capital projects are categorised as either sustenance or growth in nature, where sustenance projects have either mandatory or discretionary characteristics. This allows the initial…
In general, approximately 80% of all our new capital investment projects are required to meet hurdle rate. Other mechanisms are contemplated and often introduced into project structures to further compensate for project investment risk.…
Slide 19 Enabling robust investment decision-making I have already touched on our Capital Excellence program and the significant early gains that have already been achieved to date, especially in terms of avoiding costs and improving…
However, this should have already been taken into account in the latest downward revisions of demand forecasts issued by the oil agencies. Taking into account that more oil was consumed this year than last year, there is thus no…
range. We are therefore carefully and appropriately managing our funding plans, which I will deal with on the next slide, our credit profile rating, as well as execution and concentration risk. Slide 23 Maintaining flexibility to fund…
Our dividend yield of approximately 4,5% and Total Shareholder Return of 29%, as calculated in rand-terms over the past 5 years, positions Sasol competitively with our peer group, which is evident on the next slide. Slide 25 Delivering…