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

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