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Words: | Submitted: Mon Nov 25 2002
... company for a group of companies comprised of diversified fuel, chemical and related manufacturing and marketing operations, complemented by interests in technology development, oil and gas exploration and production, would have enormous amount of current and fixed assets. (see Appendix 1) 2.1 Fixed Assets One of the determining factors investors would look at is how Sasol is managing it's assets comparing to it's liabilities. According to the financial data, Sasol Ltd. has been increasing its Fixed Assets such as property, plant and equipment for the last 5 years. The areas in which the company operates requires heavy investments to sustain the development of each business unit. 1997 1998 1999 2000 2001 2002 Property, plant, equipment 13,163 14,981 16,048 18,798 28,035 36,667 Non-current assets 598 645 908 1,846 2,298 3,661 Current assets 7,231 7,893 7,300 9,021 19,742 23,529 Total Assets 20,992 23,519 24,256 29,665 50,075 63,857 (Figures given in millions) It is noticeable that the amount of Fixed Assets contributes most towards ...
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