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Novartis AG (NVS) annual results, year to 31 December 2018: revenue USD 44,833 million, from the 20-F

Novartis AG files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2018 it reported revenue from the sale of goods of USD 44,833 million, up 5.8% on the year before. Its profit attributable to shareholders was USD 12,611 million, up 63.7%, and diluted earnings per share USD 5.38.

The year to 31 December 2018, against the year before

Year toDec 2017 †Dec 2018 †
Revenue from the sale of goods42,38144,833
Cost of sales13,63314,510
Gross profit29,77131,589
Research and development8,3898,489
Selling, general and administrative12,46513,717
Operating profit8,7028,403
Profit before tax9,10214,095
Income tax1,6031,295
Profit for the year7,70312,614
Profit attributable to shareholders7,70312,611
Filing20-F20-F

USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.

Year toDec 2017 †Dec 2018 †
Diluted EPS3.255.38
Basic EPS3.285.44
Filing20-F20-F

USD per ordinary share, as filed.

Cash flow

Year toDec 2017 †Dec 2018 †
Cash from operations12,62114,272
Purchase of property, plant and equipment1,3251,254
Free cash flow11,29613,018
Dividends paid6,4956,966
Filing20-F20-F

USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.

Balance sheet at year end

Year toDec 2017 †Dec 2018 †
Total assets133,079145,563
Equity attributable to shareholders74,16878,614
Cash and cash equivalents8,86013,271
Borrowings, as filed23,58325,660
Inventories6,8676,956
Goodwill31,75035,294
Filing20-F20-F

USD million, at each fiscal year end.

Ratios on the filed lines

Year toDec 2017 †Dec 2018 †
Return on year-end equity10.4%16.0%
Effective tax rate17.6%9.2%
Filing20-F20-F

Arithmetic on the filed lines of the same year.

Every annual report here

Source

20-F for the year to 31 December 2018, filed 26 January 2021, accession 0001370368-21-000006: the filing on EDGAR. All of Novartis AG's filings: EDGAR company page. The figures are in US dollars as filed.

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