SDZ — Sandoz AG Income Statement

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Annual income statement for Sandoz AG, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M
Source:	PROSPECTUS	PROSPECTUS	PROSPECTUS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final
Revenue
Total Revenue	9,658	9,678	9,306	9,979
Cost of Revenue
Gross Profit	4,741	4,686	4,505	4,691
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	8,856	8,284	8,067	9,604
Operating Profit	802	1,394	1,239	375
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	706	1,313	1,102	130
Provision for Income Taxes
Net Income After Taxes	464	910	850	80
Minority Interest
Net Income Before Extraordinary Items
Net Income	462	908	848	77
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	462	908	848	77
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	2.77	2.6	2.57	2.82
Dividends per Share