Sasol Form 20-F for the year ended 30 June 2021 - Book - Page 10
ITEM 1. IDENTITY OF DIRECTORS, SENIOR
MANAGEMENT AND ADVISERS
ENFORCEABILITY OF CERTAIN CIVIL
LIABILITIES
Not applicable.
We are a public company incorporated under
the company law of South Africa. Most of our directors
and officers reside outside the US, principally in
South Africa. You may not be able, therefore, to effect
service of process within the US upon those directors
and officers with respect to matters arising under the
federal securities laws of the US.
ITEM 2. OFFER STATISTICS AND EXPECTED
TIMETABLE
Not applicable.
ITEM 3. KEY INFORMATION
In addition, most of our assets and the assets
of most of our directors and officers are located outside
the US. As a result, you may not be able to enforce
against us or our directors and officers judgements
obtained in US courts predicated on the civil liability
provisions of the federal securities laws of the US.
3.A Selected financial data
The following information should be read in
conjunction with “Item 5—Operating and financial
review and prospects” and the consolidated financial
statements, the accompanying notes and other financial
information included elsewhere in this annual report on
Form 20-F.
There are additional factors to be considered
under South African law in respect of the enforceability
in South Africa (in original actions or in actions for
enforcement of judgements of US courts) of liabilities
predicated on the US federal securities laws. These
additional factors include, but are not necessarily
limited to:
South African public policy
considerations;
South African legislation regulating the
applicability and extent of damages and/or
penalties that may be payable by a party;
the applicable rules under the relevant
South African legislation which regulate
the recognition and enforcement of
foreign judgements in South Africa; and
the South African courts’ inherent
jurisdiction to intervene in any matter
which such courts may determine
warrants the courts’ intervention (despite
any agreement amongst the parties to
(i) have any certificate or document being
conclusive proof of any factor, or (ii) oust
the courts’ jurisdiction).
The financial data set forth below for the years
ended as at 30 June 2021 and 2020 and for each of
the years in the three-year period ended 30 June 2021
has been derived from and should be read in
conjunction with our audited consolidated financial
statements included in Item 18.
Financial data as at 30 June 2019, 2018 and
2017 have been derived from the group’s previously
published audited consolidated financial statements,
which are not included in this document except for
certain comparative results which have been revised for
the correction of prior period errors. For more
information, please see “Item 18—Financial
Statements—Note 1 Statement of compliance”
During 2021, the group changed its reportable
operating segments. The group has provided its
historical segment information to be consistent with the
new reportable segment structure. The change in
reportable segments had no effect on the group’s
financial position, results of operations or cash flows
for the periods presented. Readers are referred to “Item
18—Financial Statements—Segment information” for
further information on our segments.
During 2021, the group also identified prior
period errors relating to its impairment calculations and
has revised its previously reported results for 2019,
2020 and related disclosures. Readers are referred to
Based on the foregoing, there is no certainty as
to the enforceability in South Africa (in original actions
or in actions for enforcement of judgements of US
courts) of liabilities predicated on the US federal
securities laws.
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