Smith & Nephew Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	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	2015 - 2019
Net Income	412	263	223	524	448	Upgrade
Depreciation & Amortization	503	489	548	563	545	Upgrade
Other Amortization	52	38	-	-	-	Upgrade
Loss (Gain) From Sale of Assets	22	18	11	14	34	Upgrade
Asset Writedown & Restructuring Costs	90	152	69	3	17	Upgrade
Loss (Gain) From Sale of Investments	-	4	-	-74	-	Upgrade
Loss (Gain) on Equity Investments	10	30	141	-9	-14	Upgrade
Stock-Based Compensation	40	39	40	41	26	Upgrade
Other Operating Activities	-35	-93	-29	-35	-182	Upgrade
Change in Accounts Receivable	-81	-49	-103	-81	209	Upgrade
Change in Inventory	-42	-178	-407	-151	-45	Upgrade
Change in Accounts Payable	16	-105	-25	82	-103	Upgrade
Operating Cash Flow	987	608	468	877	935	Upgrade
Operating Cash Flow Growth	62.34%	29.92%	-46.64%	-6.20%	-19.95%	Upgrade
Capital Expenditures	-381	-427	-358	-408	-443	Upgrade
Cash Acquisitions	-186	-21	-113	-285	-170	Upgrade
Investment in Securities	-2	-	-1	2	7	Upgrade
Investing Cash Flow	-569	-448	-472	-691	-606	Upgrade
Short-Term Debt Issued	-	326	-	-	-	Upgrade
Long-Term Debt Issued	1,000	-	485	-	1,950	Upgrade
Total Debt Issued	1,000	326	485	-	1,950	Upgrade
Short-Term Debt Repaid	-705	-151	-407	-267	-5	Upgrade
Long-Term Debt Repaid	-55	-52	-528	-59	-455	Upgrade
Total Debt Repaid	-760	-203	-935	-326	-460	Upgrade
Net Debt Issued (Repaid)	240	123	-450	-326	1,490	Upgrade
Issuance of Common Stock	1	-	6	14	11	Upgrade
Repurchase of Common Stock	-	-	-158	-	-16	Upgrade
Common Dividends Paid	-327	-327	-327	-329	-328	Upgrade
Other Financing Activities	-	4	3	-4	7	Upgrade
Financing Cash Flow	-86	-200	-926	-645	1,164	Upgrade
Foreign Exchange Rate Adjustments	-15	-4	-11	-7	1	Upgrade
Net Cash Flow	317	-44	-941	-466	1,494	Upgrade
Free Cash Flow	606	181	110	469	492	Upgrade
Free Cash Flow Growth	234.81%	64.55%	-76.55%	-4.67%	-35.26%	Upgrade
Free Cash Flow Margin	10.43%	3.26%	2.11%	9.00%	10.79%	Upgrade
Free Cash Flow Per Share	0.69	0.21	0.13	0.53	0.56	Upgrade
Cash Interest Paid	140	104	73	80	61	Upgrade
Cash Income Tax Paid	140	125	47	97	-22	Upgrade
Levered Free Cash Flow	565.13	248.63	134.25	648	258.88	Upgrade
Unlevered Free Cash Flow	655.75	331.13	184.25	698	297.63	Upgrade
Change in Net Working Capital	112	271	457	-57	101	Upgrade

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.