$SNNUF
SMITH & NEPHEW PLC
CIK:0000845982|SEC Filings
Group income statement - USD ($) $ in Millions |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|||
| Group income statement | |||||
| Revenue | $ 6,164 | $ 5,810 | $ 5,549 | ||
| Cost of goods sold | (1,972) | (1,764) | (1,730) | ||
| Gross profit | 4,192 | 4,046 | 3,819 | ||
| Selling, general and administrative expenses | (3,102) | (3,100) | (3,055) | ||
| Research and development expenses | (296) | (289) | (339) | ||
| Operating profit | 794 | 657 | 425 | ||
| Interest income | 28 | 24 | 34 | ||
| Interest expense | (140) | (145) | (132) | ||
| Other finance costs | (16) | (28) | (7) | ||
| Reversal of impairment charge and share of results of associates | 113 | (10) | (30) | ||
| Profit before taxation | 779 | 498 | 290 | ||
| Taxation | (154) | (86) | (27) | ||
| Attributable profit for the year | [1] | $ 625 | $ 412 | $ 263 | |
| Earnings per ordinary share | |||||
| Basic | [1] | $ 0.721 | $ 0.472 | $ 0.302 | |
| Diluted | [1] | $ 0.716 | $ 0.470 | $ 0.301 | |
| |||||
Group balance sheet - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Non-current assets | ||
| Property, plant and equipment | $ 1,638 | $ 1,422 |
| Goodwill | 3,108 | 3,026 |
| Intangible assets | 882 | 1,032 |
| Investments | 30 | 9 |
| Investments in associates | 121 | 7 |
| Other non-current assets | 164 | 24 |
| Retirement benefit assets | 64 | 63 |
| Deferred tax assets | 347 | 350 |
| Total non current assets | 6,354 | 5,933 |
| Current assets | ||
| Inventories | 2,117 | 2,387 |
| Trade and other receivables | 1,413 | 1,381 |
| Current tax receivable | 16 | 34 |
| Cash and cash equivalents | 557 | 619 |
| Total current assets | 4,103 | 4,421 |
| Total assets | 10,457 | 10,354 |
| Equity attributable to owners of the Company | ||
| Share capital | 175 | 175 |
| Share premium | 615 | 615 |
| Capital redemption reserve | 20 | 20 |
| Treasury shares | (515) | (66) |
| Other reserves | (329) | (497) |
| Retained earnings | 5,323 | 5,018 |
| Total equity | 5,289 | 5,265 |
| Non-current liabilities | ||
| Long-term borrowings and lease liabilities | 3,177 | 3,258 |
| Retirement benefit obligations | 84 | 79 |
| Other payables | 190 | 95 |
| Provisions | 82 | 95 |
| Deferred tax liabilities | 40 | 31 |
| Total non-current liabilities | 3,573 | 3,558 |
| Current liabilities | ||
| Bank overdrafts, borrowings, loans and lease liabilities | 150 | 63 |
| Trade and other payables | 1,177 | 1,128 |
| Provisions | 74 | 108 |
| Current tax payable | 194 | 232 |
| Total current liabilities | 1,595 | 1,531 |
| Total liabilities | 5,168 | 5,089 |
| Total equity and liabilities | $ 10,457 | $ 10,354 |