Sandoz Group AG Balance Sheet

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

Millions USD. 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
Cash & Equivalents	-	1,191	1,109	74	40
Cash & Short-Term Investments	-	1,191	1,109	74	40
Cash Growth	-	7.39%	1398.65%	85.00%	2.56%
Accounts Receivable	-	2,205	2,615	2,298	2,207
Other Receivables	-	1,363	920	1,345	1,188
Receivables	-	3,568	3,535	3,643	3,395
Inventory	-	2,800	2,700	2,124	2,006
Prepaid Expenses	-	221	135	134	121
Other Current Assets	-	21	93	1	3
Total Current Assets	-	7,801	7,572	5,976	5,565
Property, Plant & Equipment	-	1,988	1,850	1,904	1,933
Long-Term Investments	-	24	21	15	19
Goodwill	-	7,469	7,589	7,437	7,683
Other Intangible Assets	-	1,475	1,562	1,454	1,581
Long-Term Deferred Tax Assets	-	954	716	713	717
Other Long-Term Assets	-	185	106	47	35
Total Assets	-	19,907	19,430	17,557	17,542
Accounts Payable	-	1,519	1,593	1,357	1,173
Accrued Expenses	-	950	857	671	634
Short-Term Debt	-	-	-	3,851	4,629
Current Portion of Long-Term Debt	-	145	284	185	158
Current Portion of Leases	-	58	54	31	34
Current Income Taxes Payable	-	510	572	231	200
Current Unearned Revenue	-	4	8	3	4
Other Current Liabilities	-	3,121	2,330	1,585	1,533
Total Current Liabilities	-	6,307	5,698	7,914	8,365
Long-Term Debt	-	4,390	3,975	30	17
Long-Term Leases	-	276	255	88	103
Pension & Post-Retirement Benefits	-	270	260	237	330
Long-Term Deferred Tax Liabilities	-	259	252	286	294
Other Long-Term Liabilities	-	241	336	242	270
Total Liabilities	-	11,743	10,776	8,797	9,379
Common Stock	-	25	24	8,920	-
Retained Earnings	-	7,908	8,058	-	8,257
Treasury Stock	-	-1	-	-	-
Comprehensive Income & Other	-	231	563	-172	-104
Total Common Equity	-	8,163	8,645	8,748	8,153
Minority Interest	-	1	9	12	10
Shareholders' Equity	-	8,164	8,654	8,760	8,163
Total Liabilities & Equity	-	19,907	19,430	17,557	17,542
Total Debt	-	4,869	4,568	4,185	4,941
Net Cash (Debt)	-	-3,678	-3,459	-4,111	-4,901
Net Cash Per Share	-	-8.47	-8.02	-9.56	-
Filing Date Shares Outstanding	430.26	430.7	429.72	429.9	-
Total Common Shares Outstanding	430.26	430.7	429.72	429.9	-
Working Capital	-	1,494	1,874	-1,938	-2,800
Book Value Per Share	-	18.95	20.12	20.35	-
Tangible Book Value	-	-781	-506	-143	-1,111
Tangible Book Value Per Share	-	-1.81	-1.18	-0.33	-
Land	-	65	69	99	107
Buildings	-	960	1,011	1,403	1,503
Machinery	-	2,480	2,518	3,084	3,205
Construction In Progress	-	449	432	381	300

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.