Sandoz Group AG (SDZXF)

Sandoz Group AG Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1	77	848	908
Depreciation & Amortization	492	468	458	489
Loss (Gain) From Sale of Assets	-56	-10	-24	-34
Asset Writedown & Restructuring Costs	10	57	34	36
Stock-Based Compensation	88	25	-	-
Other Operating Activities	486	408	-57	-377
Change in Accounts Receivable	256	-393	-184	-52
Change in Inventory	-277	-578	-272	177
Change in Accounts Payable	25	508	131	93
Change in Other Net Operating Assets	-369	-200	289	114
Operating Cash Flow	656	362	1,223	1,354
Operating Cash Flow Growth	81.22%	-70.40%	-9.68%	23.32%
Capital Expenditures	-404	-364	-278	-313
Sale of Property, Plant & Equipment	26	34	9	28
Cash Acquisitions	-188	-16	-32	-374
Divestitures	6	-2	-7	12
Sale (Purchase) of Intangibles	-176	-256	-117	-41
Investment in Securities	-3	-3	-5	-1
Other Investing Activities	-1	-7	-	-2
Investing Cash Flow	-740	-614	-430	-691
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	-	-	-
Long-Term Debt Repaid	-138	-2,669	-37	-43
Total Debt Repaid	-248	-2,669	-37	-43
Net Debt Issued (Repaid)	500	3,901	22	-4
Repurchase of Common Stock	-12	-	-	-
Common Dividends Paid	-215	-	-	-
Other Financing Activities	-31	-2,659	-791	-653
Financing Cash Flow	242	1,242	-769	-657
Foreign Exchange Rate Adjustments	-76	45	10	-5
Net Cash Flow	82	1,035	34	1
Free Cash Flow	252	-2	945	1,041
Free Cash Flow Growth	-	-	-9.22%	19.38%
Free Cash Flow Margin	2.43%	-0.02%	10.15%	10.76%
Free Cash Flow Per Share	0.58	-0.01	2.20	-
Cash Interest Paid	205	160	80	62
Cash Income Tax Paid	265	245	273	485
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 Working Capital	-365	-663	-36	332

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