← SMITH & NEPHEW PLC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments For Depreciation And Amortisation Expense And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | $463.0m | $447.0m | $435.0m | $502.0m | $562.0m | $567.0m | $617.0m | $683.0m | $645.0m | $573.0m | |
| Depreciation, amortisation and impairment | $463.0m | $447.0m | $435.0m | $502.0m | $562.0m | $567.0m | $617.0m | $683.0m | $645.0m | $573.0m | |
| Adjustments For Deferred Tax Of Prior Periods | $23.0m | ($11.0m) | ($5.0m) | ($7.0m) | ($6.0m) | $4.0m | ($17.0m) | $10.0m | $7.0m | $16.0m | |
| Adjustments For Share-Based Payments | $27.0m | $31.0m | $35.0m | $32.0m | $26.0m | $41.0m | $40.0m | $39.0m | $40.0m | $43.0m | |
| Share-based payments expense (equity-settled) | $27.0m | $31.0m | $35.0m | $32.0m | $26.0m | $41.0m | $40.0m | $39.0m | $40.0m | $43.0m | |
| Net interest expense | $46.0m | $51.0m | $51.0m | $55.0m | $56.0m | $74.0m | $66.0m | $98.0m | $121.0m | $112.0m | |
| Additional Financial Items | |||||||||||
| Adjustments For Current Tax Of Prior Period | ($53.0m) | ($60.0m) | ($33.0m) | ($11.0m) | ($191.0m) | ($33.0m) | ($10.0m) | ($45.0m) | ($37.0m) | ($41.0m) | |
| Adjustments For Undistributed Profits Of Associates | ($3.0m) | $6.0m | ($11.0m) | $1.0m | $14.0m | $9.0m | ($141.0m) | ($30.0m) | ($10.0m) | $113.0m | |
| Goodwill | $2.2b | $2.4b | $2.3b | $2.8b | $2.9b | $3.0b | $3.0b | $3.0b | $3.0b | $3.1b | |
| Interest Received Classified As Operating Activities | $3.0m | $2.0m | $2.0m | $4.0m | $2.0m | $6.0m | $7.0m | $8.0m | $22.0m | $25.0m | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | $46.0m | $55.0m | $59.0m | $54.0m | $52.0m | $55.0m | $50.0m | |
| Payments To Acquire Or Redeem Entitys Shares | $368.0m | $52.0m | $48.0m | $63.0m | $16.0m | — | $158.0m | — | — | $502.0m | |
| Proceeds From Borrowings Classified As Financing Activities | — | — | $394.0m | $1.3b | $950.0m | — | — | $326.0m | — | $43.0m | |
| Purchase Of Financial Assets Measured At Fair Value Through Profit Or Loss Classified As Investing Activities | — | — | — | — | — | — | — | — | $1.0m | $2.0m | |
| Profit before taxation | $1.1b | $879.0m | $781.0m | $743.0m | $246.0m | $586.0m | $235.0m | $290.0m | $498.0m | $779.0m | |
| Share of results of associates | $3.0m | ($6.0m) | $11.0m | ($1.0m) | ($14.0m) | ($9.0m) | $141.0m | $30.0m | $10.0m | ($113.0m) | |
| Pension costs less cash paid | ($85.0m) | ($40.0m) | ($35.0m) | ($4.0m) | $1.0m | — | $6.0m | $3.0m | $16.0m | $5.0m | |
| Decrease/(increase) in inventories | ($47.0m) | ($17.0m) | ($152.0m) | ($204.0m) | ($45.0m) | ($151.0m) | ($407.0m) | ($178.0m) | ($42.0m) | $208.0m | |
| Increase in trade and other receivables | ($74.0m) | ($40.0m) | ($108.0m) | $30.0m | $209.0m | ($81.0m) | ($103.0m) | ($49.0m) | ($81.0m) | ($175.0m) | |
| Increase/(decrease) in trade and other payables and provisions | ($49.0m) | ($45.0m) | $71.0m | $201.0m | ($103.0m) | $82.0m | ($25.0m) | ($105.0m) | $16.0m | $94.0m | |
| Cash generated from operations | $1.0b | $1.3b | $1.1b | $1.4b | $972.0m | $1.0b | $581.0m | $829.0m | $1.2b | $1.5b | |
| Interest received | $3.0m | $2.0m | $2.0m | $4.0m | $2.0m | $6.0m | $7.0m | $8.0m | $22.0m | $25.0m | |
| Acquisitions, net of cash acquired | ($214.0m) | ($159.0m) | ($29.0m) | ($869.0m) | ($170.0m) | ($285.0m) | ($113.0m) | ($21.0m) | ($186.0m) | ($9.0m) | |
| Investment in associate | — | — | — | — | — | — | $1.0m | — | ($1.0m) | — | |
| Purchase of own shares | ($368.0m) | ($52.0m) | ($48.0m) | ($63.0m) | ($16.0m) | — | ($158.0m) | — | — | ($502.0m) | |
| Proceeds from own shares | $6.0m | $5.0m | $10.0m | $9.0m | $9.0m | $12.0m | $5.0m | — | $1.0m | $12.0m | |
| Payment of capital element of lease liabilities | — | — | — | ($46.0m) | ($55.0m) | ($59.0m) | ($54.0m) | ($52.0m) | ($55.0m) | ($50.0m) | |
| Proceeds from borrowings due within one year | $34.0m | $53.0m | $24.0m | — | — | — | — | $326.0m | — | $43.0m | |
| Settlement of borrowings due within one year | ($38.0m) | ($64.0m) | ($30.0m) | ($125.0m) | ($5.0m) | ($267.0m) | ($407.0m) | ($151.0m) | ($705.0m) | ($39.0m) | |
| Proceeds from borrowings due after one year | $890.0m | $570.0m | $370.0m | $1.3b | $1.9b | — | $485.0m | — | $1.0b | — | |
| Settlement of borrowings due after one year | ($759.0m) | ($706.0m) | ($371.0m) | ($740.0m) | ($400.0m) | — | ($474.0m) | — | — | ($90.0m) | |
| Settlement of currency swaps | ($25.0m) | $24.0m | ($8.0m) | ($2.0m) | $7.0m | ($4.0m) | $3.0m | $4.0m | — | $1.0m | |
| Exchange adjustments | ($1.0m) | $4.0m | ($4.0m) | — | $1.0m | ($7.0m) | ($11.0m) | ($4.0m) | ($15.0m) | $12.0m | |
| Profit or Loss | $784.0m | $767.0m | $663.0m | $600.0m | $448.0m | $524.0m | $223.0m | $263.0m | $412.0m | $625.0m | |
| Cash flows from investing activities | |||||||||||
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | $15.0m | $13.0m | $19.0m | $16.0m | $34.0m | $14.0m | $11.0m | $18.0m | $22.0m | $38.0m | |
| Capital expenditure | ($392.0m) | ($376.0m) | ($347.0m) | ($408.0m) | ($443.0m) | ($408.0m) | ($358.0m) | ($427.0m) | ($381.0m) | ($433.0m) | |
| Purchase of investments | ($2.0m) | ($8.0m) | — | — | — | — | ($2.0m) | — | ($1.0m) | ($2.0m) | |
| Cash flows from financing activities: | |||||||||||
| Dividends paid | $279.0m | $269.0m | $321.0m | $318.0m | $328.0m | $329.0m | $327.0m | $327.0m | $327.0m | $330.0m | |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | — | — | — | — | — | — | — | — | — | $204.0m | |
| Equity dividends paid | ($279.0m) | ($269.0m) | ($321.0m) | ($318.0m) | ($328.0m) | ($329.0m) | ($327.0m) | ($327.0m) | ($327.0m) | ($330.0m) | |
| Net (decrease)/increase in cash and cash equivalents | ($63.0m) | $113.0m | $182.0m | ($76.0m) | $1.5b | ($459.0m) | ($930.0m) | ($40.0m) | $332.0m | ($76.0m) | |
| Cash and cash equivalents at beginning of year | — | $38.0m | $155.0m | $333.0m | $257.0m | $1.8b | $1.3b | $344.0m | $617.0m | $553.0m | |
| Interest Paid Classified As Operating Activities | $48.0m | $50.0m | $54.0m | $56.0m | $61.0m | $80.0m | $73.0m | $104.0m | $140.0m | $142.0m | |
| Income taxes paid | ($141.0m) | ($135.0m) | ($125.0m) | ($150.0m) | — | ($97.0m) | ($47.0m) | ($125.0m) | ($140.0m) | ($147.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.