Novartis Ag Balance Sheet (2009-2025) | NVS

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Balance Sheet	Mar2009	Jun2009	Sep2009	Dec2009	Mar2010	Jun2010	Sep2010	Dec2010	Mar2011	Jun2011	Sep2011	Dec2011	Mar2012	Jun2012	Sep2012	Dec2012	Mar2013	Jun2013	Sep2013	Dec2013	Mar2014	Jun2014	Sep2014	Dec2014	Mar2015	Jun2015	Sep2015	Dec2015	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025
Assets
Current Assets
Cash & Equivalents				2.63B				5.32B				3.71B				5.55B				6.69B				13.02B				4.67B				7.01B		7.57B		8.86B	5.81B	8.86B	14.00B	13.27B	6.81B	9.99B	8.38B	11.11B	0.08B	11.11B	8.99B	9.66B	6,000.00B	9.66B	7.21B	12.41B	0.07B	13.85B	8.73B	7.52B	12.00B	10.88B	12.40B	13.39B	9.47B	7.90B	13.61B	11.46B	7.07B	6.66B	9.56B	11.44B
Short-term Investments																2.57B				2.54B				356.00B			132.00B	0.77B	-192.00B	-94.00B	-0.08B	0.77B	-0.11B	-0.15B	-0.14B	0.62B	0.61B	0.70B	0.71B	2.69B	0.30B	-2.35B	0.34B	0.33B	0.45B	0.38B	1.88B	1.91B	0.28B	0.24B	0.95B	15.92B	4.96B	16.13B	10.38B	11.41B	0.26B	0.29B	0.29B	1.03B	0.23B	0.53B	0.41B	2.00B	0.13B	0.34B		0.15B
Cash & Current Investments				2.63B				5.32B				3.71B				8.12B				9.22B				369.02B			132.00B	5.45B	-192.00B	-94.00B	-0.08B	7.78B	-0.11B	7.42B	-0.14B	9.48B	6.42B	9.56B	14.71B	15.96B	7.11B	7.64B	8.72B	11.45B	0.52B	11.49B	10.87B	11.56B	6,000.28B	9.90B	8.16B	28.33B	5.03B	29.98B	19.10B	18.93B	12.26B	11.17B	12.70B	14.43B	9.69B	8.44B	14.02B	13.46B	7.20B	7.00B	9.56B	11.59B
Receivables - Net																				159.00		0.00B	0.00B	0.00B	83.00	122.00		-0.14B				-0.16B				-0.19B		8.80B		8.73B		7.97B		8.30B		7.64B		8.22B		8.40B		8.01B		8.64B		8.07B		9.20B		7.11B				7.42B				8.94B
Receivables - Other																																				1.03B				1.36B				1.17B				0.96B				0.79B				0.96B				1.25B				1.10B				1.14B
Receivables																				159.00		0.00B	0.00B	0.00B	83.00	122.00		-0.14B				-0.16B				0.84B		8.80B		10.09B		7.97B		9.47B		7.64B		9.18B		8.40B		8.80B		8.64B		9.02B		9.20B		8.36B				8.52B				10.08B
Inventory	0.00B	0.00B	0.00B	5.30B	0.00B	0.00B	0.00B	6.09B	0.00B	0.00B	0.00B	5.93B	0.00B	0.00B	0.00B	6.74B	0.00B	0.00B	0.00B	7.27B	0.00B	0.00B	0.00B	6.09B	0.00B	0.00B	0.00B	6.23B	0.00B	0.00B	6.77B	6.25B	6.58B	6.90B	6.95B	6.87B	7.23B	7.10B	6.95B	6.96B	5.73B	6.09B	6.12B	5.98B	0.08B	6.90B	7.14B	7.13B	7.00B	7.11B	6.88B	6.67B	7.00B	6.88B	6.78B	7.17B	7.89B	8.23B	5.61B	5.91B	5.74B	5.75B	5.94B	5.72B	5.83B	6.31B	6.42B	6.27B
Prepaid Assets	0.00B	0.00B	0.00B	1.91B	0.00B	0.00B	0.00B	2.58B	0.00B	0.00B	0.00B	2.76B	0.00B	0.00B	0.00B	13.14B	0.00B	0.00B	0.00B	13.29B	0.00B	0.00B	0.00B	10.80B	0.00B	0.00B	0.00B	11.17B	0.00B	0.00B	2.78B	2.54B	2.71B	2.82B	2.61B	3.05B	2.83B	2.83B	2.79B	2.86B	2.76B	2.79B	2.92B	2.68B	2.93B	2.73B	2.67B	2.52B	2.64B	2.69B	2.57B	2.44B	0.01B	2.59B	2.39B	2.47B	2.79B	2.83B	2.78B	2.61B	2.76B	3.03B	3.15B	2.97B	3.36B	3.46B	3.04B	3.46B
Current Assets	0.00B	0.00B	0.00B	30.62B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	24.08B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	30.54B	0.00B	0.00B	0.00B	37.56B	0.00B	0.00B	0.00B	22.84B	0.00B	0.00B	25.88B	24.93B	25.77B	26.54B	27.47B	28.21B	33.05B	32.06B	34.11B	35.56B	52.45B	28.32B	26.68B	29.50B	23.10B	23.88B	28.97B	29.67B	22.20B	23.81B	26.25B	45.72B	37.24B	38.14B	36.95B	36.91B	32.11B	33.49B	45.66B	30.48B	26.45B	25.69B	31.26B	29.70B	25.11B	25.94B	28.20B	30.46B
Non-Current Assets
Property, Plant & Equipment (Net)	0.00B	0.00B	0.00B	12.79B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	15.63B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	18.20B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	15.98B	0.00B	0.00B	16.20B	31.30B	15.77B	16.21B	16.26B	34.01B	16.68B	15.96B	15.74B	34.03B	12.41B	12.29B	11.88B	27.00B	0.03B	11.96B	11.71B	12.26B	11.60B	11.74B	11.60B	11.54B	0.01B	10.73B	10.31B	10.76B	0.25B	10.82B	9.04B	9.51B	9.20B	9.25B	9.75B	9.46B	9.68B	10.38B	10.48B	10.78B
Long-Term Investments				2.40B				8.38B				8.62B				8.84B				9.22B				8.43B			1,008.00B	15.31B	924.00B	1,086.00B	1.12B	14.30B	1.03B	1.04B	1.29B	15.37B	8.12B	7.95B	8.34B	8.35B	7.86B	8.20B	8.28B	8.64B	8.30B	8.57B	9.04B	9.63B	8.69B	9.13B	9.34B	3.04B	2.71B	2.41B	2.35B	2.41B	0.05B	2.31B	1.92B	2.61B	2.49B	2.02B	2.09B	2.02B	1.98B	2.07B	2.07B	2.35B
Goodwill	0.00B	0.00B	0.00B	10.94B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	31.09B	0.00B	0.00B	0.00B	31.03B	0.00B	0.00B	0.00B	29.31B	0.00B	0.00B	0.00B	31.17B	0.00B	0.00B	31.41B	30.98B	31.20B	31.61B	31.71B	31.75B	34.13B	35.17B	35.04B	35.29B	26.30B	26.53B	26.31B	26.52B	2.53B	29.10B	29.53B	30.00B	0.11B	29.77B	29.57B	29.59B	0.15B	29.11B	28.67B	29.30B	29.48B	29.52B	23.42B	23.34B	23.06B	25.23B	24.93B	24.76B	24.96B	25.55B	25.55B	25.57B
Intangibles			0.00B	9.39B	0.00B	0.00B	0.00B	35.23B	0.00B	0.00B	0.00B	31.97B	0.00B	0.00B	0.00B	30.33B	0.00B	0.00B	0.00B	27.84B	0.00B	0.00B	0.00B	23.83B	0.00B	0.00B	0.00B	34.22B	0.00B	0.00B	32.80B	55.14B	31.53B	31.47B	30.84B	58.00B	32.12B	39.44B	37.95B	69.03B	27.02B	27.22B	29.69B	53.42B	7.54B	36.67B	36.88B	67.72B	0.12B	34.82B	33.95B	68.21B	0.90B	33.37B	31.89B	69.68B	1.55B	28.00B	26.42B	58.32B	26.27B	27.77B	27.90B	26.91B	27.48B	29.24B	29.04B	29.41B
Goodwill & Intangibles	136.00	0.00B	0.00B	20.33B	0.00B	0.00B	0.00B	64.92B	0.00B	0.00B	0.00B	31.97B	0.00B	0.00B	0.00B	61.42B	0.00B	0.00B	0.00B	358.00	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	65.39B	0.00B	0.00B	64.20B	86.12B	62.73B	63.08B	62.55B	89.75B	66.25B	74.61B	72.99B	104.32B	53.32B	53.75B	56.00B	79.94B	10.07B	65.77B	66.42B	97.72B	0.23B	64.58B	63.52B	97.81B	1.05B	62.48B	60.56B	98.98B	31.03B	57.52B	49.83B	81.66B	49.34B	53.01B	52.83B	51.67B	52.44B	54.79B	54.59B	54.98B
Long-Term Deferred Tax				4.19B				5.24B				5.86B				7.37B				7.38B				7.99B				8.96B				10.03B				8.23B	8.21B	8.22B	8.16B	8.70B	7.30B	7.83B	7.99B	7.91B	0.46B	8.60B	8.50B	3.93B	0.01B	8.05B	3.80B	3.74B	0.05B	3.62B	3.54B	3.74B	4.08B	4.04B	3.63B	4.31B	4.22B	4.40B	4.65B	4.36B	5.10B	5.20B	5.58B	5.44B
Other Non-Current Assets				0.30B				0.41B				0.46B				0.51B				0.76B				6.80B				0.60B				0.70B				0.82B	0.82B	0.84B	1.18B	0.90B	0.63B	0.70B	0.69B	0.74B	0.99B	0.87B	0.85B	0.89B	1.59B	2.21B	2.13B	2.21B	3.86B	3.88B	3.19B	1.11B	1.21B	1.21B	1.11B	1.20B	1.21B	1.66B	1.39B	3.50B	4.11B	4.47B	4.78B	5.28B
Non-Current Assets	0.00B	0.00B	0.00B	56.19B	0.00B	0.00B	0.00B	96.63B	0.00B	0.00B	0.00B	93.41B	0.00B	0.00B	0.00B	96.19B	0.00B	0.00B	0.00B	95.71B	0.00B	0.00B	0.00B	87.83B	0.00B	0.00B	0.00B	108.71B	0.00B	0.00B	108.12B	105.19B	106.22B	107.21B	107.51B	104.87B	102.47B	109.99B	108.88B	110.00B	85.50B	87.97B	89.30B	88.87B	100.00B	99.88B	100.70B	98.11B	99.55B	100.21B	94.96B	86.08B	87.98B	84.77B	81.51B	80.54B	80.13B	77.49B	67.04B	69.46B	67.89B	71.81B	72.26B	72.54B	74.83B	78.46B	79.09B	80.49B
Assets	0.00B	0.00B	0.00B	86.81B	0.00B	0.00B	0.00B	0.12	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.12	0.00B	0.00B	0.00B	0.13	0.00B	0.00B	0.00B	0.13	0.00B	135.41B	132.93B	0.00B	132,448,000.00B	131,436,000.00B	134.01B	130.12B	131.99B	133.75B	134.97B	133.08B	135.52B	142.06B	142.99B	145.56B	137.95B	116.29B	115.97B	118.37B	123.10B	123.76B	129.68B	127.78B	121.75B	124.02B	121.21B	131.79B	125.22B	122.91B	118.46B	117.45B	112.24B	110.98B	112.70B	99.94B	94.33B	97.50B	103.52B	102.25B	99.94B	104.39B	107.29B	110.95B
Liabilities
Current Liabilities
Accounts Payables	0.00B	0.00B	0.00B	3.65B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	5.59B	0.00B	0.00B	0.00B	6.15B	0.00B	0.00B	0.00B	5.42B	0.00B	0.00B	0.00B	5.67B	0.00B	0.00B	4.66B	4.87B	4.57B	4.69B	4.68B	5.17B	4.99B	5.49B	4.97B	5.56B	4.64B	4.75B	4.67B	5.42B	4.83B	4.82B	4.71B	5.40B	5.04B	4.81B	4.67B	5.55B	5.08B	4.97B	4.69B	5.15B	5.43B	5.35B	3.87B	4.93B	4.06B	4.15B	4.09B	4.57B	4.26B	4.51B	4.55B	4.46B
Notes Payables																								234.00B			275.00B									0.69B				0.70B				0.72B				0.98B				0.90B				0.86B				0.62B				0.64B				0.68B
Payables	0.00B	0.00B	0.00B	3.65B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	5.59B	0.00B	0.00B	0.00B	6.15B	0.00B	0.00B	0.00B	239.42B	0.00B	0.00B	275.00B	5.67B	0.00B	0.00B	4.66B	4.87B	4.57B	4.69B	4.68B	5.86B	4.99B	5.49B	4.97B	6.26B	4.64B	4.75B	4.67B	6.14B	4.83B	4.82B	4.71B	6.38B	5.04B	4.81B	4.67B	6.45B	5.08B	4.97B	4.69B	6.01B	5.43B	5.35B	3.87B	5.55B	4.06B	4.15B	4.09B	5.21B	4.26B	4.51B	4.55B	5.14B
Accumulated Expenses																																				0.98B				0.97B				1.05B				1.17B				1.09B				1.06B				1.03B				0.90B				1.04B
Other Accumulated Expenses	60.00	47.00	0.00B	15.46B	75.00	-42.00	0.00B	0.23B	0.00B	0.00B	0.00B	0.27B	0.00B	-20.00	-102.00	18.46B	9.00	-145.00	0.00B	20.17B	0.00B	108.00	240.00	19.14B	48.00	114.00	0.00B	-0.10B	-0.19B	0.17B	-0.22B	11.43B	-0.10B	-0.17B	0.10B	0.66B	-0.00B		-0.21B	0.53B	0.13B			0.47B	0.12B			0.75B	0.14B		-0.11B	0.62B	0.12B		0.41B	0.84B	-0.01B			0.52B	-0.02B
Short term Debt				4.83B				8.63B				13.86B				5.95B				6.78B				6.61B			-278.00B	5.60B	-289.00B	-210.00B	-0.15B	5.91B	-0.09B	-0.10B	-0.08B	5.31B	10.91B	9.60B	9.18B	9.68B	7.43B	7.86B	8.02B	7.03B	10.96B	8.88B	9.73B	9.79B	10.16B	9.07B	9.34B	6.29B	6.70B	7.04B	7.05B	5.93B	6.97B	8.29B	5.46B	6.17B	8.34B	7.53B	6.57B	8.23B	7.80B	8.31B	7.52B	5.60B
Current Leases																																									1.66B	1.75B	1.70B	1.70B	1.69B	1.70B	1.68B	1.72B	1.65B	1.66B	1.61B	0.28B	1.58B	1.55B	1.50B	1.54B	1.59B	1.54B	1.45B	1.60B	1.53B	1.56B	1.60B	1.57B	1.56B	1.59B	1.64B	1.66B
Current Taxes	321.00	-399.00	-0.00B	1.65B	582.00	521.00	-0.00B	-1.73B	-537.00	-520.00	-0.00B	-1.48B	-390.00	460.00	0.00B	-1.71B	417.00	-447.00	0.00B	-1.50B	383.00	424.00	-0.00B	-1.54B	372.00	300.00	-1.03B	-1.11B	-0.34B	-0.31B	-0.98B	1.60B	0.28B	0.62B	0.97B	-1.30B	1.75B	-0.44B	-0.37B	-0.11B	1.84B	2.20B	-1.16B	-1.79B	-0.45B	-0.87B	2.71B	2.46B	2.23B	2.37B	2.46B	2.42B	2.58B	2.44B	2.69B	2.53B	2.97B	2.65B	2.13B	1.89B	1.65B	1.92B	2.17B	1.60B	2.57B	2.83B	3.34B	1.97B
Current Deferred Revenue																																				0.30B				0.24B				0.11B				0.06B
Total Current Liabilities	0.00B	0.00B	0.00B	17.70B	0.00B	0.00B	0.00B	24.66B	0.00B	0.00B	0.00B	23.15B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	23.71B	0.00B	0.00B	24.60B	22.21B	26.33B	26.15B	25.38B	23.40B	28.22B	27.94B	28.33B	29.61B	56.13B	30.11B	28.22B	28.26B	31.29B	29.38B	31.84B	33.06B	30.16B	29.63B	29.88B	30.21B	29.81B	27.65B	28.16B	28.66B	30.55B	31.91B	48.39B	26.39B	29.29B	27.61B	28.13B	28.69B	31.62B	31.71B	32.00B	27.28B
Non-Current Liabilities
Non-Current Debt	0.00B	0.00B	0.00B	7.89B	0.00B	0.00B	0.00B	14.36B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	11.24B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	16.33B	0.00B	0.00B	18.26B	17.90B	22.93B	23.00B	23.16B	23.22B	23.20B	22.76B	22.61B	22.47B	21.23B	20.36B	20.13B	20.35B	23.80B	23.95B	26.50B	26.26B	25.75B	24.83B	23.10B	22.90B	22.80B	22.23B	19.73B	20.24B	20.40B	18.26B	18.07B	18.44B	17.19B	19.66B	23.75B	21.37B	21.67B	22.47B	22.60B	27.93B
Pension																																				3.16B				3.55B				3.47B				3.54B				2.64B				1.72B				1.81B				1.57B				1.64B
Liabilities from Discontinued Operations																				0.05B				2.42B															0.08B	0.05B	5.06B	0.05B	0.02B	0.03B														0.03B	8.79B
Non-Current Deferred Tax Liability				4.01B				7.69B				6.76B				7.29B				6.90B				6.10B				6.36B				6.66B				5.17B	5.94B	7.63B	7.65B	7.47B	5.42B	5.72B	5.68B	5.87B	-1.92B	7.50B	7.43B	3.14B	-0.03B	7.47B	3.35B	3.07B	-0.28B	3.12B	2.72B	2.69B	2.73B	2.53B	2.46B	2.25B	2.31B	2.46B	2.22B	2.42B	2.55B	2.32B	2.17B	3.40B
Operating Leases																																							0.90B	0.81B				0.10B				2.00B				1.90B	-2.01B			0.02B	2.68B			0.15B	2.50B			-0.05B	-1.77B			1.92B
Other Non-Current Liabilities	0.00B	0.00B	0.00B	4.99B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	7.79B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	7.27B	0.00B	0.00B	0.00B	7.67B	0.00B	0.00B	0.00B	14.40B	0.00B	0.00B	16.08B	8.47B	15.08B	14.63B	14.06B	7.06B	6.96B	6.82B	6.39B	7.32B	6.20B	6.84B	7.64B	6.63B	7.81B	7.34B	7.68B	6.93B	6.21B	6.29B	6.33B	6.17B	5.95B	5.35B	5.45B	4.91B	4.84B	4.81B	4.08B	4.52B	4.26B	4.31B	4.39B	4.08B	4.09B	4.24B	4.13B	4.13B
Total Non-Current Liabilities	0.00B	0.00B	0.00B	16.88B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	28.41B	0.00B	0.00B	0.00B	30.88B	0.00B	0.00B	0.00B	25.41B	0.00B	0.00B	0.00B	27.57B	0.00B	0.00B	0.00B	30.73B	0.00B	0.00B	34.34B	33.02B	38.01B	37.62B	37.22B	35.45B	36.09B	37.21B	36.65B	37.26B	34.51B	34.68B	35.15B	34.55B	40.83B	40.50B	43.29B	38.05B	41.00B	40.25B	34.39B	33.77B	33.71B	32.26B	29.41B	29.37B	29.55B	27.14B	26.06B	26.80B	25.29B	27.99B	31.95B	29.43B	29.87B	30.63B	30.54B	37.12B
Total Liabilities	0.00B	0.00B	0.00B	34.58B	0.00B	0.00B	0.00B	0.05	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.05	53.86B	0.00B	0.00B	0.05	0.00B	0.00B	0.00B	0.05	0.00B	0.00B	0.00B	0.00B	60,559,000.00B	58,904,000.00B	58.94B	55.23B	64.34B	63.77B	62.60B	58.85B	64.31B	65.16B	64.97B	66.87B	90.64B	64.79B	63.37B	62.82B	72.12B	69.88B	75.12B	71.11B	71.16B	69.89B	64.27B	63.97B	63.51B	59.90B	57.57B	58.03B	60.10B	59.05B	74.45B	53.20B	54.58B	55.60B	60.08B	58.12B	61.49B	62.34B	62.54B	64.40B
Shareholder's Equity
Total Debt	0.00B	0.00B	0.00B	12.71B	0.00B	0.00B	0.00B	22.99B	0.00B	0.00B	0.00B	13.86B	0.00B	0.00B	0.00B	5.95B	0.00B	0.00B	0.00B	18.02B	0.00B	0.00B	0.00B	6.61B	0.00B	0.00B	-278.00B	21.93B	-289.00B	-210.00B	18.10B	23.80B	22.84B	22.89B	23.08B	28.53B	34.11B	32.36B	31.78B	32.15B	28.65B	28.22B	28.15B	27.38B	34.76B	32.83B	36.22B	36.04B	35.91B	33.90B	32.44B	29.20B	29.49B	29.28B	26.79B	26.18B	27.36B	26.55B	23.53B	24.61B	25.53B	27.20B	30.32B	29.60B	29.47B	30.78B	30.12B	33.54B
Common Equity	0.00B	0.00B	0.00B	52.23B	0.00B	0.00B	0.00B	69.77B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	69.26B	0.00B	0.00B	0.00B	74.47B	0.00B	0.00B	0.00B	70.84B	0.00B	0.00B	0.00B	77.12B	0.00B	0.00B	75.07B	74.89B	67.65B	69.98B	72.37B	77.88B	71.21B	76.90B	78.02B	82.19B	47.31B	51.50B	52.60B	59.27B	50.98B	53.88B	54.55B	57.16B	50.59B	54.13B	56.94B	67.82B	61.70B	63.01B	60.90B	59.42B	52.14B	51.93B	38.24B	46.75B	39.76B	41.90B	43.44B	44.13B	38.45B	42.05B	44.75B	46.55B
Shareholder's Equity				0.87B				0.96B				1.02B				1.00B				1.00B				1.00B				77.12B				74.89B				77.88B	0.97B			82.19B	0.94B			59.27B	0.94B			57.16B	0.91B	0.91B		67.82B	0.90B			59.42B	0.84B	0.84B		46.75B				44.13B	0.77B			46.55B
Liabilities and Shareholders Equity	0.00B	0.00B	0.00B	86.81B	0.00B	0.00B	0.00B	0.12	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.12	0.00B	0.00B	0.00B	0.13	0.00B	0.00B	0.00B	0.13	0.00B	135.41B	132.93B	0.00B	132,448,000.00B	131,436,000.00B	134.01B	130.12B	131.99B	133.75B	134.97B	133.08B	135.52B	142.06B	142.99B	145.56B	137.95B	116.29B	115.97B	118.37B	123.10B	123.76B	129.68B	127.78B	121.75B	124.02B	121.21B	131.79B	125.22B	122.91B	118.46B	117.45B	112.24B	110.98B	112.70B	99.94B	94.33B	97.50B	103.52B	102.25B	99.94B	104.39B	107.29B	110.95B
Treasury Shares				-0.12B				-0.12B				-0.12B				-0.09B				-0.09B				-0.10B				0.10B				0.08B				0.10B	-0.09B	-0.06B	-0.07B	0.07B	-0.06B	-0.07B	-0.08B	0.08B	-0.07B	-0.04B	-0.04B	0.05B	-0.06B	-0.07B	-0.05B	0.05B	-0.06B	-0.06B	-0.07B	0.09B	-0.04B	-0.05B	-0.03B	0.04B	-0.02B	-0.03B	-0.04B	-0.05B	-0.02B	-0.03B	-0.04B	-0.05B
Retained Earnings				51.41B				62.36B				64.95B				68.23B				73.43B				69.87B				76.16B				73.94B				73.30B	70.22B	75.93B	77.06B	77.74B	46.35B	50.56B	51.67B	54.62B	50.03B	52.94B	53.62B	55.74B	49.67B	53.19B	55.92B	66.80B	60.70B	62.09B	60.00B	58.54B	51.25B	51.06B	37.37B	45.88B	38.90B	40.97B	42.56B	43.31B	37.62B	41.25B	43.61B	45.41B

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Novartis Ag Balance Sheet (2009-2025) | NVS

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