2010 financial results consistent, focused and energised Pat Davies JSE: SOL NYSE: SSL chief executive
consistent focus through challenging times Actions implemented to improve operating performance, delivering results Successful execution of offshore projects support earnings growth Strategically well positioned to leverage…
value creation by ongoing improvement and execution of strategy Financial highlights Headline earnings per share up 5% to R26,57 Earnings per share up 17% to R26,68 Strong balance sheet Total dividend up by 24% to R10,50 per…
operating improvement drives solid performance across the group Operational highlights Increase in group production volumes Reduction in group cash fixed costs Strong turnaround in chemical cluster Improved operating…
delivery against our priorities for the year Synfuels volumes +4% Improve Synfuels cash unit costs +1%2 operating Improved margins in chemical cluster performance Oryx and Arya operating at planned capacity Synfuels growth: gas…
financial and operational review Christine Ramon chief financial officer 7
rand strength / US commodity prices improved Fuel price Currency US/bbl US1=Rand Product 91 R9,04 price 68 86 Brent R7,59 74 2009 2010 2009 2010 Chemical prices Commodity prices (Rand) US/ton Average % vs. 2010 2009…
offshore investments deliver earnings growth Oil and gas O&S, wax, GTL Polymers production solvents Germany Iran Mozambique Location Qatar USA Malaysia Gabon Italy Contribution 7% 3% 7% 14% to group earnings Operating…
cluster review robust operational performance across the group Operating profit % (Rbn) 2010 vs 2009 Higher volumes negated by rand strength in SA energy SA Energy 17,8 -38% Investing for growth in international International…
SA energy production volumes up, costs contained Improved production at Mining Operating profit % negated by weak rand export (Rm) 2010 vs 2009 prices Mining 815 -49% Gas remains a consistent performer, highlighting the value of…
international energy oryx continues to perform well Sasol portion of Oryx operating Operating profit profit R1,0bn (Rm) 2010 2009 Oryx production down 16% SSI 131 (235) due to planned (6%) and Oryx 1 045 1 305 unplanned (10%)…
chemical cluster business improvement plans deliver results Rise in profit despite adverse Operating profit % impact of rand strength (Rm) 2010 vs 2009 Improved production volumes at Polymers 958 +1% Polymers Improved production…
increased capex supported by strong balance sheet Projects in implementation Estimated total capital Estimated expenditure (Rm) End-of-job beneficial cost in Rm operation 22 000 (CY) Secunda growth 19 000 12 100 2013 phase 19…
balancing investment with returns to shareholders Return on invested capital (%) Dividend (Rand) ROIC WACC IRR target Ongoing review of project Progressive dividend growth portfolio and prioritising capex Committed to total…
outlook: improved operational performance but cautious due to macro variables Operational Macro economic performance 2011 conditions remain uncertain Continued production volume Instability in global economic growth conditions…
solid financial position supporting operational and strategic priorities Improving profitability despite Rand strength Successful cost management Business improvement plans delivering sustainable results Strong balance sheet…
the way forward Pat Davies
strategy on track Definition of Foundation Growth Victory Accelerate GTL, Operations Develop and focused CTL growth excellence empower our people Grow related Group imperatives upstream business Functional Grow excellence…
key actions driving strategy Value and volume focus Optimise Plant stability, availability, reliability 1 operating Cost containment performance Energy efficiency Leverage proprietary technology Reduce carbon intensity…
robust pipeline of long-term growth projects12 Exploration Implementation Feasibility Pre-feasibility Idea stage gas focus Secunda growth China CTL Mafutha CTL Oryx GTL II Mozambique phase 1 Uzbekistan GTL India CTL Indonesia CTL…
prioritising natural gas expansion Abundance of remote natural gas reserves Arbitrage opportunity between oil and gas prices Macro drivers Shale-gas dynamics GTL currently more competitive than LNG Clean electricity Monetisation…
building a sustainable future Addressing our carbon footprint Synfuels electricity generation Drive energy efficiency e.g. through power generation from natural and waste gas Growth focus on natural gas Develop carbon capture…
ongoing focus and improvement Strong operational performance delivering financial returns Growing demand for alternative energy creating significant opportunities for growth Financial strength to support strategic priorities…
offering a proven, alternative solution to meeting growing, global, energy demand In-country, Global drive Abundant win-win solution for cleaner hydrocarbon transportation Transportation reserves Sasols fuels fuel security…
our investment case remains strong Leading alternative In a world of Unique investment energy company disruptive change proposition 60 years of alternative The new normal Strong existing energy experience business Volatile…
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