Editing Novo Nordisk A/S (section)

== Appendix ==
<u>'''Income Statement'''</u>
{| class="wikitable"
|Income statement
|2022
|-
|Fiscal  year is January-December. All values DKK Millions.
|
|-
|Sales/Revenue
|176,954
|-
|Sales Growth
|25.68%
|-
|Cost of Goods Sold  (COGS) incl. D&A
|30,975
|-
|COGS excluding D&A
|24,373
|-
|Depreciation &  Amortization Expense
|6,602
|-
|Depreciation
|5,003
|-
|Amortization of  Intangibles
|1,599
|-
|COGS Growth
|22.48%
|-
|Gross Income
|145,979
|-
|Gross Income Growth
|26.38%
|-
|Gross Profit Margin
|82.50%
|-
|SG&A Expense
|71,560
|-
|Research &  Development
|21,761
|-
|Other SG&A
|49,799
|-
|SGA Growth
|26.64%
|-
|EBIT
|74,419
|-
| rowspan="2" |Unusual Expense
| rowspan="2" |2,526
|-
|-
| rowspan="2" |Non Operating Income/Expense
| rowspan="2" | -2,322
|-
|-
|Non-Operating Interest  Income
|239
|-
|Interest Expense
|559
|-
| rowspan="2" |Interest Expense Growth
| rowspan="2" |36.01%
|-
|-
|Gross Interest Expense
|559
|-
|Pretax Income
|69,251
|-
|Pretax Income Growth
|17.17%
|-
|Pretax Margin
|39.14%
|-
|Income Tax
|13,537
|-
|Income Tax - Current  Domestic
|17,343
|-
| rowspan="2" |Income Tax - Deferred Domestic
| rowspan="2" | -3,806
|-
|-
| rowspan="2" |Equity in Affiliates
| rowspan="2" | -189
|-
|-
|Consolidated Net Income
|55,525
|-
|Net Income
|55,525
|-
|Net Income Growth
|16.27%
|-
|Net Margin
|31.38%
|-
|Net Income After  Extraordinaries
|55,525
|-
|Net Income Available to  Common
|55,525
|-
|EPS (Basic)
|24.51
|-
|EPS (Basic) Growth
|17.87%
|-
|Basic Shares Outstanding
|2,265
|-
|EPS (Diluted)
|24.44
|-
|EPS (Diluted) Growth
|17.84%
|-
|Diluted Shares  Outstanding
|2,272
|-
|EBITDA
|81,021
|-
|EBITDA Growth
|25.97%
|-
|EBITDA Margin
|45.79%
|-
|EBIT
|74,419
|}

<u>'''Balance Sheet'''</u>
{| class="wikitable"
|Assets
|2022
|
|-
|Fiscal year is January-December. All values DKK  Millions.
|
|-
|Cash & Short Term  Investments
|23,574
|-
|Cash Only
|12,653
|-
| rowspan="2" |Cash & Short Term Investments Growth
| rowspan="2" |34.82%
|-
|-
|Cash & ST  Investments / Total Assets
|9.77%
|-
|Total Accounts  Receivable
|51,500
|-
|Accounts Receivables,  Net
|50,560
|-
|Accounts Receivables,  Gross
|52,080
|-
| rowspan="2" |Bad Debt/Doubtful Accounts
| rowspan="2" | -1,520
|-
|-
|Other Receivables
|940
|-
|Accounts Receivable  Growth
|23.32%
|-
|Accounts Receivable  Turnover
|3.44
|-
|Inventories
|24,388
|-
|Finished Goods
|6,038
|-
|Work in Progress
|13,673
|-
|Raw Materials
|6,392
|-
| rowspan="2" |Progress Payments & Other
| rowspan="2" | -1,715
|-
|-
|Other Current Assets
|8,732
|-
|Miscellaneous Current  Assets
|8,732
|-
|Total Current Assets
|108,194
|-
|Net Property, Plant  & Equipment
|66,671
|-
|Property, Plant &  Equipment - Gross
|111,426
|-
|Buildings
|39,859
|-
|Machinery &  Equipment
|37,548
|-
|Construction in Progress
|22,361
|-
|Leases
|4,131
|-
|Other Property, Plant  & Equipment
|7,527
|-
|Accumulated Depreciation
|44,755
|-
|Buildings
|16,781
|-
|Machinery &  Equipment
|22,935
|-
|Other Property, Plant  & Equipment
|5,039
|-
|Total Investments and  Advances
|1,343
|-
|LT Investment -  Affiliate Companies
|327
|-
|Other Long-Term  Investments
|1,016
|-
|Intangible Assets
|51,416
|-
|Net Goodwill
|5,092
|-
|Net Other Intangibles
|46,324
|-
|Other Assets
|206
|-
|Tangible Other Assets
|206
|-
|Total Assets
|241,257
|-
|Assets - Total - Growth
|24.03%
|-
|Asset Turnover
|0.81
|-
|Return On Average Assets
|25.48%
|}
<u>'''<br />Cashflow Statement'''</u>
{| class="wikitable"
|Cashflow Statement
|2022
|-
|Operating  Activities
|
|-
|Fiscal year is January-December. All values DKK  Millions.
|
|-
|Net Income before  Extraordinaries
|55,525
|-
|Net Income Growth
|16.27%
|-
|Depreciation, Depletion  & Amortization
|6,602
|-
|Depreciation and  Depletion
|5,003
|-
|Amortization of  Intangible Assets
|1,599
|-
| rowspan="2" |Deferred Taxes & Investment Tax Credit
| rowspan="2" | -3,806
|-
|-
| rowspan="2" |Deferred Taxes
| rowspan="2" | -3,806
|-
|-
|Other Funds
|25,902
|-
|Funds from Operations
|84,223
|-
| rowspan="2" |Changes in Working Capital
| rowspan="2" | -5,336
|-
|-
| rowspan="2" |Receivables
| rowspan="2" | -9,917
|-
|-
| rowspan="2" |Inventories
| rowspan="2" | -4,767
|-
|-
| rowspan="2" |Accounts Payable
| rowspan="2" |6,717
|-
|-
| rowspan="2" |Other Assets/Liabilities
| rowspan="2" |2,631
|-
|-
|Net Operating Cash Flow
|78,887
|-
|Net Operating Cash Flow  Growth
|43.42%
|-
|Net Operating Cash Flow  / Sales
|44.58%
|-
|Investing  Activities
|
|-
|All values DKK Millions.
|
|-
| rowspan="2" |Capital Expenditures
| rowspan="2" | -14,753
|-
|-
| rowspan="2" |Capital Expenditures (Fixed Assets)
| rowspan="2" | -12,146
|-
|-
| rowspan="2" |Capital Expenditures (Other Assets)
| rowspan="2" | -2,607
|-
|-
| rowspan="2" |Capital Expenditures Growth
| rowspan="2" | -99.77%
|-
|-
| rowspan="2" |Capital Expenditures / Sales
| rowspan="2" | -8.34%
|-
|-
| rowspan="2" |Net Assets from Acquisitions
| rowspan="2" | -7,075
|-
|-
|Sale of Fixed Assets  & Businesses
| -
|-
| rowspan="2" |Purchase/Sale of Investments
| rowspan="2" | -3,090
|-
|-
| rowspan="2" |Purchase of Investments
| rowspan="2" | -9,735
|-
|-
|Sale/Maturity of  Investments
|6,645
|-
| rowspan="2" |Net Investing Cash Flow
| rowspan="2" | -24,918
|-
|-
| rowspan="2" |Net Investing Cash Flow Growth
| rowspan="2" |21.17%
|-
|-
| rowspan="2" |Net Investing Cash Flow / Sales
| rowspan="2" | -14.08%
|-
|-
|Financing  Activities
|
|-
|All values DKK Millions.
|
|-
| rowspan="2" |Cash Dividends Paid - Total
| rowspan="2" | -25,303
|-
|-
| rowspan="2" |Common Dividends
| rowspan="2" | -25,303
|-
|-
| rowspan="2" |Change in Capital Stock
| rowspan="2" | -24,086
|-
|-
| rowspan="2" |Repurchase of Common & Preferred Stk.
| rowspan="2" | -24,086
|-
|-
| rowspan="2" |Issuance/Reduction of Debt, Net
| rowspan="2" | -1,410
|-
|-
|Change in Current Debt
|93
|-
|Change in Long-Term Debt
|11,120
|-
|Issuance of Long-Term  Debt
|11,120
|-
| rowspan="2" |Net Financing Cash Flow
| rowspan="2" | -51,797
|-
|-
| rowspan="2" |Net Financing Cash Flow Growth
| rowspan="2" | -103.18%
|-
|-
| rowspan="2" |Net Financing Cash Flow / Sales
| rowspan="2" | -29.27%
|-
|-
| rowspan="2" |Exchange Rate Effect
| rowspan="2" | -238
|-
|-
| rowspan="2" |Net Change in Cash
| rowspan="2" |1,934
|-
|-
|Free Cash Flow
|66,741
|-
|Free Cash Flow Growth
|37.13%
|-
|Free Cash Flow Yield
|1.94%
|}