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(Loss)/earnings and dividends per share

12 Months Ended

Jun. 30, 2024

(Loss)/earnings and dividends per share

7	(Loss)/earnings and dividends per share


	2024	2023	2022
for the year ended 30 June	Rand	Rand	Rand
Attributable to owners of Sasol Limited
Basic (loss)/earnings per share	(69,94)	14,00	62,34
Headline earnings per share	18,19	53,75	47,58
Diluted (loss)/earnings per share	(69,94)	13,02	61,36
Diluted headline earnings per share	16,73	50,76	46,83
Dividends per share	2,00	17,00	14,70
interim	2,00	7,00	—
final*	—	10,00	14,70

Declared subsequent to 30 June and presented for information purposes only.

Basic earnings per share (EPS) and headline earnings per share (HEPS)

EPS is derived by dividing earnings attributable to owners of Sasol Limited by the weighted average number of shares outstanding during the period. HEPS is derived by dividing the headline earnings attributable to the owners of Sasol Limited by the weighted average number of shares outstanding during the period.

Diluted earnings per share (DEPS) and diluted headline earnings per share (DHEPS)

DEPS and DHEPS are calculated by dividing the diluted earnings and diluted headline earnings attributable to owners of Sasol Limited by the diluted number of Sasol ordinary shares and Sasol BEE ordinary shares in issue during the year. DEPS and DHEPS are calculated considering the potentially dilutive ordinary shares that could be issued as a result of share options granted to employees under the Sasol Long-term Incentive (LTI) and Sasol Khanyisa Tier 2 plans (refer to note 32) and as a result of the potential conversion of the US$750 million Convertible Bond (refer to note 13).

The Sasol Khanyisa Tier 2 and Khanyisa Public are anti-dilutive for DEPS and DHEPS in all years presented.


		2024	2023	2022
for the year ended 30 June	Note	Rm	Rm	Rm
(Loss)/earnings and headline earnings
(Loss)/earnings attributable to owners of Sasol Limited		(44 271)	8 799	38 956
Total remeasurement items for the Group, net of tax	8	55 784	24 978	(9 221)
Headline earnings attributable to owners of Sasol Limited		11 513	33 777	29 735


	Number of shares
	2024	2023	2022
for the year ended 30 June	million	million	million
Basic weighted average number of shares
Issued shares	648,5	640,7	635,7
Effect of treasury shares held	(13,1)	(10,4)	(10,2)
Effect of weighting of the long-term incentive scheme shares vested during the year	(2,4)	(1,9)	(0,5)
Effect of Sasol Khanyisa Tier 2 options exercised	—	—	(0,1)
Basic weighted average number of shares for EPS and HEPS	633,0	628,4	624,9

7	Earnings and dividends per share continued


	2024	2023	2022
for the year ended 30 June	Rm	Rm	Rm
Diluted (loss)/earnings
(Loss)/earnings attributable to owners of Sasol Limited	(44 271)	8 799	38 956
Impact of convertible bonds*	(136)	(179)	—
Diluted (loss)/earnings attributable to owners of Sasol Limited	(44 407)	8 620	38 956

Due to the net loss attributable to shareholders in 2024, the impact of including the potential dilutive effect of the share options attributable to the convertible bonds had an anti-dilutive effect on the loss per share and were therefore not taken into account in the current year calculation of DEPS.


	2024	2023	2022
for the year ended 30 June	Rm	Rm	Rm
Diluted headline earnings
Headline earnings attributable to owners of Sasol Limited	11 513	33 777	29 735
Impact of convertible bonds	(136)	(179)	—
Diluted headline earnings attributable to owners of Sasol Limited	11 377	33 598	29 735


	Number of shares
	2024	2023	2022
for the year ended 30 June	million	million	million
Diluted weighted average number of shares
Weighted average number of shares	633,0	628,4	624,9
Potential dilutive effect of convertible bonds*	39,9	24,2	—
Potential dilutive effect of long-term incentive scheme*	7,0	9,3	9,9
Potential dilutive effect of Sasol Khanyisa Tier 1	—	—	0,1
Diluted weighted average number of shares for DEPS and DHEPS	679,9	661,9	634,9

Due to the net loss attributable to shareholders in 2024, the impact of including the potential dilutive effect of the share options attributable to the convertible bonds and the long-term incentive scheme had an anti-dilutive effect on the loss per share and were therefore not taken into account in the current year calculation of DEPS.