SGS SA Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	668	581	553	588	613
Depreciation & Amortization	443	442	453	474	471
Other Amortization	23	29	34	29	26
Loss (Gain) From Sale of Assets	-42	-2	-10	-4	-
Asset Writedown & Restructuring Costs	19	4	58	18	2
Loss (Gain) on Equity Investments	-2	-3	-2	-2	-
Stock-Based Compensation	16	19	24	18	12
Provision & Write-off of Bad Debts	10	23	11	22	-3
Other Operating Activities	87	103	57	49	92
Change in Accounts Receivable	-77	-68	-109	-178	-88
Change in Accounts Payable	4	-21	33	7	37
Change in Unearned Revenue	11	31	12	-	-
Change in Other Net Operating Assets	63	86	9	9	7
Operating Cash Flow	1,223	1,224	1,123	1,030	1,169
Operating Cash Flow Growth	-0.08%	8.99%	9.03%	-11.89%	-1.43%
Capital Expenditures	-261	-251	-298	-329	-336
Sale of Property, Plant & Equipment	85	12	15	8	5
Cash Acquisitions	-181	-193	-12	-67	-214
Divestitures	13	-	22	2	-
Investment in Securities	-	5	8	1	10
Other Investing Activities	34	34	23	16	15
Investing Cash Flow	-310	-393	-242	-369	-520
Long-Term Debt Issued	1,430	7	605	969	824
Long-Term Debt Repaid	-688	-806	-684	-434	-1,010
Net Debt Issued (Repaid)	742	-799	-79	535	-186
Repurchase of Common Stock	-100	-50	-10	-268	-
Common Dividends Paid	-222	-207	-590	-599	-599
Other Financing Activities	-131	-138	-160	-116	-119
Financing Cash Flow	289	-1,194	-839	-448	-904
Foreign Exchange Rate Adjustments	-82	4	-96	-70	-31
Net Cash Flow	1,120	-359	-54	143	-286
Free Cash Flow	962	973	825	701	833
Free Cash Flow Growth	-1.13%	17.94%	17.69%	-15.85%	-10.14%
Free Cash Flow Margin	13.85%	14.32%	12.46%	10.55%	13.00%
Free Cash Flow Per Share	4.98	5.18	4.46	3.75	4.44
Cash Interest Paid	75	98	82	64	66
Cash Income Tax Paid	252	228	243	250	270
Levered Free Cash Flow	805.5	849.63	695.75	561.88	732.13
Unlevered Free Cash Flow	853	895.25	739.5	588.75	760.88
Change in Working Capital	1	28	-55	-162	-44

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