Sandoz Group AG Cash Flow Statement

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

Millions USD. 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	-	1	77	848	908	462
Depreciation & Amortization	-	492	468	458	489	693
Loss (Gain) From Sale of Assets	-	-56	-10	-24	-34	-29
Asset Writedown & Restructuring Costs	-	10	57	34	36	260
Stock-Based Compensation	-	88	25	-	-	-
Other Operating Activities	-	486	408	-57	-377	-8
Change in Accounts Receivable	-	256	-393	-184	-52	169
Change in Inventory	-	-277	-578	-272	177	-106
Change in Accounts Payable	-	25	508	131	93	-156
Change in Other Net Operating Assets	-	-369	-200	289	114	-187
Operating Cash Flow	-	656	362	1,223	1,354	1,098
Operating Cash Flow Growth	-	81.22%	-70.40%	-9.68%	23.32%	-
Capital Expenditures	-	-404	-364	-278	-313	-226
Sale of Property, Plant & Equipment	-	26	34	9	28	6
Cash Acquisitions	-	-188	-16	-32	-374	-272
Divestitures	-	6	-2	-7	12	8
Sale (Purchase) of Intangibles	-	-176	-256	-117	-41	-59
Investment in Securities	-	-3	-3	-5	-1	-1
Other Investing Activities	-	-1	-7	-	-2	-4
Investing Cash Flow	-	-740	-614	-430	-691	-548
Short-Term Debt Issued	-	-	121	43	23	-
Long-Term Debt Issued	-	748	6,449	16	16	-
Total Debt Issued	-	748	6,570	59	39	-
Short-Term Debt Repaid	-	-110	-	-	-	-18
Long-Term Debt Repaid	-	-138	-2,669	-37	-43	-43
Total Debt Repaid	-	-248	-2,669	-37	-43	-61
Net Debt Issued (Repaid)	-	500	3,901	22	-4	-61
Repurchase of Common Stock	-	-12	-	-	-	-
Common Dividends Paid	-	-215	-	-	-	-
Other Financing Activities	-	-31	-2,659	-791	-653	-486
Financing Cash Flow	-	242	1,242	-769	-657	-547
Foreign Exchange Rate Adjustments	-	-76	45	10	-5	3
Net Cash Flow	-	82	1,035	34	1	6
Free Cash Flow	-	252	-2	945	1,041	872
Free Cash Flow Growth	-	-	-	-9.22%	19.38%	-
Free Cash Flow Margin	-	2.43%	-0.02%	10.15%	10.76%	9.03%
Free Cash Flow Per Share	-	0.58	-0.01	2.20	-	-
Cash Interest Paid	-	205	160	80	62	70
Cash Income Tax Paid	-	265	245	273	485	295
Levered Free Cash Flow	-	632	991.13	773.75	664.63	-
Unlevered Free Cash Flow	-	788.88	1,117	829.38	705.25	-
Change in Net Working Capital	-	-597	-952	74	370	-

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.