Swiss Life Holding AG Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
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	2015 - 2019
Net Income	1,190	1,224	1,094	1,182	1,247	1,046	Upgrade
Depreciation & Amortization	66	73	71	91	81	83	Upgrade
Other Amortization	20	13	12	11	385	367	Upgrade
Change in Other Net Operating Assets	431	431	2,371	277	-1,574	-843	Upgrade
Other Operating Activities	-460	-2,007	-2,564	1,805	3,280	4,261	Upgrade
Operating Cash Flow	1,699	186	881	986	296	464	Upgrade
Operating Cash Flow Growth	-15.39%	-78.89%	-10.65%	233.11%	-36.21%	-77.23%	Upgrade
Capital Expenditures	-110	-110	-89	-60	-72	-28	Upgrade
Sale of Property, Plant & Equipment	1	1	26	5	1	1	Upgrade
Purchase / Sale of Intangible Assets	-18	-20	-20	-23	-17	-15	Upgrade
Cash Acquisitions	-9	-13	-53	6	-143	-6	Upgrade
Investment in Securities	-340	-323	-10	49	39	8	Upgrade
Other Investing Activities	-1	-	-2	-1	-	-1	Upgrade
Investing Cash Flow	-477	-465	-111	29	-192	-31	Upgrade
Long-Term Debt Issued	-	1,669	1,218	878	894	-	Upgrade
Total Debt Repaid	-1,594	-640	-1,308	-507	-688	-39	Upgrade
Net Debt Issued (Repaid)	521	1,029	-90	371	206	-39	Upgrade
Repurchases of Common Stock	-760	-639	-442	-726	-425	-202	Upgrade
Common Dividends Paid	-1,004	-958	-890	-764	-654	-477	Upgrade
Other Financing Activities	-19	-12	-8	-16	239	-10	Upgrade
Financing Cash Flow	-1,262	-580	-1,430	-1,135	-634	-728	Upgrade
Foreign Exchange Rate Adjustments	-244	27	-361	-179	-127	-87	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-	1	-	-	Upgrade
Net Cash Flow	-284	-832	-1,021	-298	-657	-382	Upgrade
Free Cash Flow	1,589	76	792	926	224	436	Upgrade
Free Cash Flow Growth	-15.30%	-90.40%	-14.47%	313.39%	-48.62%	-78.29%	Upgrade
Free Cash Flow Margin	13.65%	0.63%	7.11%	8.70%	1.02%	2.01%	Upgrade
Free Cash Flow Per Share	55.82	2.65	27.07	30.52	7.17	13.66	Upgrade
Cash Interest Paid	412	412	387	216	202	171	Upgrade
Cash Income Tax Paid	347	347	326	260	323	295	Upgrade
Levered Free Cash Flow	-2,829	-3,580	-32,723	12,197	-3,334	-1,423	Upgrade
Unlevered Free Cash Flow	-2,597	-3,328	-32,463	12,326	-3,151	-1,268	Upgrade
Change in Working Capital	883	883	2,268	-2,103	-4,697	-5,293	Upgrade

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