SGS SA Cash Flow Statement

Financials in millions CHF. Fiscal year is January - December.

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	628	581	553	588	613	480
Depreciation & Amortization	451	442	453	474	471	426
Other Amortization	29	29	34	29	26	23
Loss (Gain) From Sale of Assets	-2	-2	-10	-4	-	-65
Asset Writedown & Restructuring Costs	4	4	58	18	2	68
Loss (Gain) on Equity Investments	-3	-3	-2	-2	-	-1
Stock-Based Compensation	19	19	24	18	12	17
Provision & Write-off of Bad Debts	23	23	11	22	-3	3
Other Operating Activities	76	103	57	49	92	49
Change in Accounts Receivable	-68	-68	-109	-178	-88	88
Change in Accounts Payable	-21	-21	33	7	37	23
Change in Unearned Revenue	31	31	12	-	-	-
Change in Other Net Operating Assets	82	86	9	9	7	75
Operating Cash Flow	1,249	1,224	1,123	1,030	1,169	1,186
Operating Cash Flow Growth	8.51%	8.99%	9.03%	-11.89%	-1.43%	3.22%
Capital Expenditures	-224	-251	-298	-329	-336	-259
Sale of Property, Plant & Equipment	86	12	15	8	5	13
Cash Acquisitions	-277	-193	-12	-67	-214	-492
Divestitures	13	-	22	2	-	71
Investment in Securities	5	5	8	1	10	1
Other Investing Activities	26	34	23	16	15	11
Investing Cash Flow	-371	-393	-242	-369	-520	-655
Long-Term Debt Issued	-	7	605	969	824	1,041
Long-Term Debt Repaid	-	-806	-684	-434	-1,010	-315
Net Debt Issued (Repaid)	46	-799	-79	535	-186	726
Repurchase of Common Stock	-93	-50	-10	-268	-	-208
Common Dividends Paid	-222	-207	-590	-599	-599	-598
Other Financing Activities	-135	-138	-160	-116	-119	-101
Financing Cash Flow	-404	-1,194	-839	-448	-904	-181
Foreign Exchange Rate Adjustments	-69	4	-96	-70	-31	-50
Net Cash Flow	405	-359	-54	143	-286	300
Free Cash Flow	1,025	973	825	701	833	927
Free Cash Flow Growth	19.19%	17.94%	17.69%	-15.85%	-10.14%	7.92%
Free Cash Flow Margin	14.90%	14.32%	12.46%	10.55%	13.00%	16.54%
Free Cash Flow Per Share	5.38	5.18	4.46	3.75	4.44	4.93
Cash Interest Paid	88	98	82	64	66	63
Cash Income Tax Paid	235	228	243	250	270	253
Levered Free Cash Flow	914.38	854.63	695.75	561.88	732.13	851.25
Unlevered Free Cash Flow	956.25	900.25	739.5	588.75	760.88	880
Change in Working Capital	24	28	-55	-162	-44	186

Source: S&P Global Market Intelligence. Standard template. Financial Sources.