Sasol (SSL) Cash Flow: Operating & Free Cash Flow

Sasol Cash Flow Statement Analysis

Values in billions ZAR

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Cash flow statement showing operating, investing, and financing activities for Sasol Limited (SSL) - Annual data in billions ZAR
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jun 2026	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017
Operating Activities
Net Income	11.90	18.82	-27.31	21.52	61.42	9.03	-91.75	3.39	8.73	20.37
Depreciation & Amortization	13.32	14.00	15.64	16.49	14.07	17.65	22.28	17.85	16.74	16.20
Stock Based Compensation	0.00	0.91	0.99	1.03	1.16	1.93	1.95	1.66	4.43	0.23
Change in Working Capital	-14.42	1.28	-4.84	8.05	-11.54	-12.07	9.83	-0.79	-6.20	-3.56
Change in Accounts Receivable	-4.61	-1.11	-3.09	9.00	-9.41	-7.20	6.43	0.04	-2.79	-0.35
Change in Inventory	-11.20	-0.46	-0.05	1.91	-12.28	-4.87	3.40	-0.83	-3.41	-3.21
Change in Accounts Payable	1.39	2.85	-1.69	-2.87	10.16	0.00	0.00	0.00	0.00	0.00
Change in Other Working Capital	0.00	-11.23	69.01	22.45	-29.61	0.00	0.00	0.00	0.00	0.00
Other Operating Activities	21.51	12.79	69.01	22.45	-8.98	17.55	87.46	19.79	9.89	3.86
Net Cash from Operating Activities	32.31	38.34	29.75	35.42	40.30	34.09	29.76	41.90	33.58	37.11
Investing Activities
Capital Expenditures	-20.55	-25.35	-30.16	-30.85	-23.14	-16.37	-35.15	-55.78	-53.35	-60.28
Acquisitions	0.21	0.31	-0.11	-0.10	-0.12	0.00	0.00	0.00	0.00	0.00
Purchases of Investments	-0.26	-1.12	-0.17	-0.24	-0.22	0.00	0.00	0.00	0.00	0.00
Sales/Maturities of Investments	0.23	0.95	0.07	0.16	0.03	0.00	0.00	0.00	0.00	0.00
Other Investing Activities	-0.75	3.06	1.49	5.16	3.49	41.47	-3.41	-0.63	-0.63	3.61
Net Cash from Investing Activities	-21.24	-25.89	-30.66	-28.23	-15.08	25.09	-38.55	-56.41	-53.98	-56.68
Financing Activities
Debt Repayment	-4.40	-17.14	-40.35	-95.63	-15.05	6.09	23.88	15.76	6.91	30.89
Dividends Paid	0.00	-0.03	-7.63	-13.75	-0.05	-0.05	-0.03	-9.95	-7.95	-9.62
Other Financing Activities	-3.24	-0.21	-0.22	-0.43	-0.86	19.05	1.23	-2.58	9.59	-30.97
Net Cash from Financing Activities	-7.64	-16.64	-6.97	1.19	-15.00	-58.31	25.08	13.18	7.16	-0.08
Summary
Effect of Forex Changes on Cash	2.07	-0.03	-0.63	2.42	1.76	-2.92	3.61	0.16	0.95	-3.21
Net Change in Cash	5.50	-4.21	-8.51	10.80	11.98	-3.11	18.28	-1.22	-12.28	-22.86
Cash at Beginning of Period	38.24	45.26	53.77	42.97	30.99	34.09	15.82	17.04	29.32	52.18
Cash at End of Period	43.74	41.05	45.26	53.77	42.97	30.99	34.09	15.82	17.04	29.32
Free Cash Flow	11.76	12.99	-0.41	4.57	17.16	17.72	-5.38	-13.89	-19.77	-23.17
Supplemental Disclosures
Interest Paid	-	8.00	8.64	7.08	5.48	6.17	-	-	-	-
Income Taxes Paid	-	7.29	10.93	13.95	13.53	5.28	-	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Sasol Cash Flow

What is Sasol's free cash flow?

Sasol generated free cash flow of ZAR 11.76B in fiscal 2026 (fiscal year ended Jun 30, 2026), operating cash flow of ZAR 32.31B minus ZAR 20.55B of capital expenditures. That was down 9.5% from ZAR 12.99B a year earlier. Free cash flow equaled 4.3% of revenue.

How much does Sasol spend on capital expenditures?

Sasol spent ZAR 20.55B on capital expenditures in fiscal 2026, compared with ZAR 25.34B a year earlier. That equals 63.6% of operating cash flow.

Does Sasol pay dividends or buy back shares?

Sasol's cash flow statement for fiscal 2026 shows no dividend payments or share repurchases.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition