Sasol 2010 Annual Review Oil & Gas South Africa sasol annual review and summarised financial information 2010 annual review and summarised financial information 2010 focused and energised www.sasol.com AR Maintaining positive relationships with our various stakeholders is an important part of the way we do business. our key relationships The relationships we build and maintain with all our stakeholders are guided by our shared values. our vital statistics year ended 30 June 2010 o Regulatory authorities We work to establish and maintain constructive relationships with governments of the countries in which we operate, or plan to operate. We seek to identify how Sasol’s growth can support the growth strategies of these countries – ensuring alignment with their development and economic requirements and challenges. o Employees Without our employees there would be no other stakeholders; they are the foundation upon which all our activities depend. Maintaining effective communication with our staff is fundamental to the success of the company. We communicate with employees in many different ways, including through a regular letter from the chief executive, internal newsletters, the Sasol intranet, shop-floor briefings, posters and 360º performance reviews. While we conduct internal staff surveys and focus groups, we recognise that there is scope for further engagement, specifically on sustainable development. Market capitalisation (cap) Year-end share price (JSE, SA) Year-end share price (NYSE, USA) Total assets Total interest bearing debt Enterprise value (cap + debt) Rm R US$ Rm Rm Rm 2010 183 350 274,60 35,27 156 484 15 032 186 764 2009 179 780 269,98 34,82 145 865 17 814 181 194 Turnover External turnover, SA Rm Rm 2010 122 256 62 014 60 242 15 941 47 996 16 108 2009 137 836 68 561 69 275 13 648 50 503 15 672 External turnover, rest of world Rm Attributable earnings Wealth created Capital invested for growth and business enhancement Rm Rm Rm o Customers We interact directly with many of our customers, both to solicit their feedback on our products and services, and also as part of our commitment to ensure effective product stewardship, particularly for some of our more hazardous products. o Investors We keep shareholders and the investment community updated on our financial results and topical issues. This includes regular presentations and discussions on group performance and strategy with investment analysts, institutional investors and journalists in South Africa, North America and Europe. We also publish highlights of our annual and interim financial results in the main South African daily newspapers. o Business organisations We are active members of relevant industry associations in the countries in which we operate, enabling us to channel our views into governmental initiatives, as well as working cooperatively on industry initiatives with our peers, within the ambit of applicable legislation. Number of employees worldwide Employee cost to turnover 33 339 12,9 56% R386 m 0,51 Return on equity (ROE) Enterprise value: Earnings before tax, depreciation and amortisation (EBITDA) Earnings yield Dividend yield Dividend cover (times) Gearing 17,9 6,1 9,7% 3,82% 2,6 1,0% o The media We maintain a well-resourced group communication, investor relations, sponsorship and brand management team. In addition, most of our major businesses employ full-time communication staff whose tasks include media support. o Joint-venture partners We have joint ventures (JVs) in ten countries (including South Africa), covering all major areas of our business from chemicals to retailing fuel. Our shareholding varies from 40% – 50%, and the nature of our control over their operating activities ranges from total management control (contracted to Sasol), 100% control by the JV management, or management control by the other JV partners. While the nature and form of our engagement will vary depending on the level of control, the underlying principle of maintaining active and open engagement applies equally to all our JVs. Employment equity positions in SA Investment in employee training and development Safety recordable case rate (RCR)* (including occupational illnesses and service providers) o Local communities and civil society organisations In addition to the public participation initiatives implemented as part of new projects, we undertake community outreach initiatives at most of our existing operations. These engagements provide us with a deeper understanding of community interests and enable us to work in a proactive rather than reactive manner. o Suppliers and service providers We engage with our suppliers and service providers to understand and address their concerns, and to ensure they adopt and adhere to our safety standards. Their safety records are included in the group recordable case rate (RCR). o Tertiary institutions Our work with tertiary institutions remains an important component of our skills development initiatives – both for internal and external talent pools – and is key to our global research and development work. R:US$ exchange rate – average R:US$ exchange rate – closing 7,59 7,67 R: exchange rate – average R: exchange rate – closing 10,55 9,39 SD A more detailed review of our approach to stakeholder engagement is provided in our separate sustainable development report and on our website. * The recordable case rate (RCR) is a standard international measure for reporting work-related injuries and illnesses and other safety incidents resulting in injury. The RCR is the number of fatalities, lost workday cases, restricted work cases, medical treatments beyond first-aid cases and accepted illnesses, for every 200 000 employee hours worked, reported on a 12-month moving average basis. 8 annual review 2010 • our business • our vital statistics 9 pp 8-9 Sasol clearly identify each of their key stakeholder groups, providing a brief overview of the relationships with these groups, why each group is important to the success of the business, and how these relationships are maintained. www.blacksunplc.com © Black Sun Plc 2011 15
