Below are the financial statements of Smith & Nephew, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Property, plant and equipment | 1,422a | 1,470a |
| Goodwill | 3,026a | 2,992a |
| Intangible assets | 1,032a | 1,110a |
| Investments | 9a | 8a |
| Investments in associates | 7a | 16a |
| Other non-current assets | 24a | 18a |
| Retirement benefit assets | 63a | 69a |
| Deferred tax assets | 350a | 274a |
| Current assets | — | — |
| Inventories | 2,387a | 2,395a |
| Trade and other receivables | 1,381a | 1,300a |
| Current tax receivable | 34a | 33a |
| Cash and cash equivalents | 619a | 302a |
| Total assets | 10,354a | 9,987a |
| Equity and liabilities | — | — |
| Equity attributable to owners of the Company | — | — |
| Share capital | 175a | 175a |
| Share premium | 615a | 615a |
| Capital redemption reserve | 20a | 20a |
| Treasury shares | -66a | -94a |
| Other reserves | -497a | -405a |
| Retained earnings | 5,018a | 4,906a |
| Total equity | 5,265a | 5,217a |
| Non-current liabilities | — | — |
| Long-term borrowings and lease liabilities | 3,258a | 2,319a |
| Retirement benefit obligations | 79a | 88a |
| Other payables | 95a | 35a |
| Provisions | 95a | 48a |
| Deferred tax liabilities | 31a | 9a |
| Current liabilities | — | — |
| Bank overdrafts, borrowings, loans and lease liabilities | 63a | 765a |
| Trade and other payables | 1,128a | 1,055a |
| Provisions | 108a | 233a |
| Current tax payable | 232a | 218a |
| Total liabilities | 5,089a | 4,770a |
| Total equity and liabilities | 10,354a | 9,987a |
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