Sasol Integrated Report 2022 - Book - Page 41
INTRODUCTION | ABOUT SASOL
STRATEGIC OVERVIEW
DELIVERING
CREATING VALUE
GOVERNANCE AND REWARDS
ADMINISTRATION
PERFORMANCE OVERVIEW | PERFORMANCE AT A GLANCE
Performance summary | Business units
2021
Chemicals
Africa
Embracing triple bottom line reporting and supporting
interconnectivity between People, Planet and Profit
2022
Turnover (Rm)
64 054
58 260
Earnings before Interest and Tax (EBIT) (Rm)
24 072
6 957
Total assets (Rm)
60 901
49 761
Number of employees
6 396
7 414
Chemicals
Eurasia
SASOL CHEMICALS BUSINESS
Turnover (Rm)
55 011
45 539
Turnover
(Rm)
We have defined a number of targets to measure our performance. We continually
monitor our performance against these targets and when necessary, revise them
to take into account changes in the strategic outlook. Our short-term targets are
aligned with our long-term strategic targets. They encompass both financial and
non-financial indicators as well as quantitative and qualitative factors.
Chemicals
America
40% Chemicals Africa
34% Chemicals Eurasia
26% Chemicals America
7 552
4 680
36 402
32 704
Number of employees
2 808
3 095
Turnover (Rm)
41 496
29 358
Earnings before Interest and Tax (EBIT) (Rm)
Total assets (Rm)
Earnings before Interest and Tax (EBIT) (Rm)
Total assets (Rm)
Number of employees
SASOL ENERGY BUSINESS
Gas
1 259
2022
2021
59 393
(18 170)
Total assets (Rm)
56 418
36 159
4 610
4 688
7 789
7 321
Earnings before Interest and Tax (EBIT) (Rm)
14 622
6 656
Total assets (Rm)
18 330
23 376
513
598
6 370
2 025
3 456
29 893
8 520
3 227
29 470
7 811
2022
2021
Number of employees
Mining
The Chemicals business delivered a strong financial performance with Earnings before
Interest and Tax (EBIT) increasing by 65% compared to the prior year. The business benefited
from a stronger average sales basket price (US$/t), which was 39% higher than the prior year.
Sales volumes were however 12% lower than the prior year largely due to the divestment of
the US Base Chemicals assets concluded in December 2020 and lower Secunda and Sasolburg
production from Chemicals Africa.
1 271
27 959
Turnover (Rm)
88% Fuels
7% Gas
5% Mining
125 541
100 988
Number of employees
SASOL CHEMICALS BUSINESS PERFORMANCE SUMMARY
8 116
139 685
Earnings/(loss) before Interest and Tax (EBIT/LBIT) (Rm)
Turnover (Rm)
Fuels
Turnover
(Rm)
981
Turnover (Rm)
Earnings before Interest and Tax (EBIT) (Rm)
Total assets (Rm)
Number of employees
SASOL ENERGY BUSINESS PERFORMANCE SUMMARY
The Energy business further benefited from a recovery in fuels demand post the COVID-19 impact,
including a slight decrease in retail sales in the last quarter due to record high fuel prices. This was
offset by lower volumes in Mining, Secunda and Sasolburg downstream value chains following the
feedstock and operational challenges which impacted the South African value chain. EBIT for the
Energy business increased by more than 100% to R46,0 billion compared to the prior year.
CORPORATE CENTRE
Turnover (Rm)
(Loss)/earnings before Interest and Tax (LBIT/EBIT) (Rm)
Total assets (Rm)
Number of employees
30
14
(17 225)
5 153
45 356
34 517
4 512
4 084
LBIT for the year mainly as a result of losses on the valuation of financial instruments and derivative contracts.
SASOL INTEGRATED REPORT 2022
40
