Sandoz Group AG (SWX:SDZ)
Switzerland · Delayed Price · Currency is CHF 65.76
-1.60 (-2.38%)
Jul 31, 2026, 5:30 PM CET
Sandoz Group AG Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 914 | 1 | 80 | 850 | 910 |
Depreciation & Amortization | - | - | - | 492 | - |
Other Adjustments | 41 | 1,285 | 1,190 | 1,148 | 597 |
Change in Receivables | - | - | - | -184 | - |
Changes in Inventories | - | - | - | -272 | - |
Changes in Accounts Payable | - | - | - | 131 | - |
Changes in Accrued Expenses | - | - | - | 288 | - |
Changes in Income Taxes Payable | -224 | -265 | -245 | -273 | -485 |
Changes in Other Operating Activities | 863 | -365 | -663 | -35 | 332 |
Operating Cash Flow | 1,594 | 656 | 362 | 1,223 | 1,354 |
Operating Cash Flow Growth | 142.99% | 81.22% | -70.40% | -9.68% | 23.32% |
Investing Activities
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 |
Capital Expenditures | -493 | -404 | -364 | -278 | -313 |
Sale of Property, Plant & Equipment | 47 | 26 | 34 | 9 | 28 |
Purchases of Intangible Assets | -291 | -192 | -261 | -149 | -103 |
Proceeds from Sale of Intangible Assets | 26 | 16 | 5 | 32 | 62 |
Purchases of Investments | -4 | -4 | -5 | -6 | -3 |
Proceeds from Sale of Investments | 2 | 1 | 2 | 1 | 2 |
Cash Acquisitions | -260 | -182 | -18 | -142 | -362 |
Proceeds from Business Divestments | - | - | - | -7 | - |
Other Investing Activities | -7 | -1 | -7 | - | -2 |
Investing Cash Flow | -980 | -740 | -614 | -430 | -691 |
Financing Activities
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 |
Short-Term Debt Issued | -38 | -110 | 121 | 43 | 23 |
Net Short-Term Debt Issued (Repaid) | -38 | -110 | 121 | 43 | 23 |
Long-Term Debt Issued | 991 | 748 | 6,449 | 16 | 16 |
Long-Term Debt Repaid | -759 | -78 | -2,627 | - | - |
Net Long-Term Debt Issued (Repaid) | 232 | 670 | 3,822 | 16 | 16 |
Repurchase of Common Stock | - | -12 | - | - | - |
Net Common Stock Issued (Repurchased) | - | -12 | - | - | - |
Common Dividends Paid | -315 | -215 | - | - | - |
Other Financing Activities | -76 | -91 | -2,701 | -1,619 | -696 |
Financing Cash Flow | -197 | 242 | 1,242 | -769 | -657 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | 131 | -76 | 45 | 10 | -5 |
Net Cash Flow | 548 | 82 | 1,035 | 34 | 1 |
Free Cash Flow
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 |
Free Cash Flow | 1,101 | 252 | -2 | 945 | 1,041 |
Free Cash Flow Growth | 336.91% | - | - | -9.22% | 19.38% |
FCF Margin | 9.87% | 2.43% | -0.02% | 10.15% | 10.76% |
Free Cash Flow Per Share | 2.52 | 0.58 | -0.00 | 2.20 | - |
Levered Free Cash Flow | 1,254 | -474 | 2,748 | 960 | 481 |
Unlevered Free Cash Flow | 1,225 | -1,062 | -1,041 | 1,009 | 500.14 |