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 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 5,810a | 5,549a | 5,215a |
| Cost of goods sold | -1,764a | -1,730a | -1,540a |
| Gross profit | 4,046a | 3,819a | 3,675a |
| Selling, general and administrative expenses | -3,100a | -3,055a | -2,880a |
| Research and development expenses | -289a | -339a | -345a |
| Operating profit | 657a | 425a | 450a |
| Interest income | 24a | 34a | 14a |
| Interest expense | -145a | -132a | -80a |
| Other finance costs | -28a | -7a | -8a |
| Share of results of associates | -10a | -30a | -141a |
| Profit before taxation | 498a | 290a | 235a |
| Taxation | -86a | -27a | -12a |
| Attributable profit for the year | 412a | 263a | 223a |
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