ANNUAL DATA |MILLIONS OF US $ EXCEPT PER SHARE DATA 2022 2021 2020 2019

Cash On Hand 7007.308 15311.93 9182.359 10329.71

Receivables 11648.46 12204.69 11461.68 11842.48
Inventory 15738.41 13109.51 10773.73 9403.729
Pre-Paid Expenses 575.2971 629.1075 508.7682 501.237
Other Current Assets 1670.353 1621.456 1085.799 1028.643
Total Current Assets 36741.47 42951.08 36336.93 35894.81
Property, Plant, And Equipment 31584.75 31012.26 27560.94 28948.95
Long-Term Investments 17055.62 16006.68 15571.29 14207.75
Goodwill And Intangible Assets 53965.8 58244.41 50949.35 47023.68
Other Long-Term Assets 55.3575
Total Long-Term Assets 104915.7 109284.2 95951.34 92876.8
Total Assets 141657.2 152235.3 132288.3 128771.6
Total Current Liabilities 41890.85 43785.88 42367.48 41885.5
Long Term Debt 45499.82 39914.96 29788 23282.36
Other Non-Current Liabilities 2555.828 1466.094 2250.526 1601.342
Total Long Term Liabilities 54924.63 49666.67 40308.95 33680.51
Total Liabilities 96815.48 93452.55 82676.43 75566.01
Common Stock Net 288.1725 308.5362 307.1808 299.937
Retained Earnings (Accumulated Deficit) 78206.88 89019.26 81927.68 83599.89
Comprehensive Income
Other Share Holders Equity -24753.49 -24410.46 -26411.15 -21711.21
Share Holder Equity 44841.74 58782.71 49611.83 53205.6
Total Liabilities And Share Holders Equity 141657.2 152235.3 132288.3 128771.6
 CASH FLOW STATEMENT OF NESTLE
ANNUAL DATA |MILLIONS OF US $ EXCEPT PER SHARE DATA 2022 2021 2020 2019
Net Income/Loss 12916.42 12777.99 15781.41 18007.36
Total Depreciation And Amortization - Cash Flow 3710.614 6623.682 3695.769 6774.88
Other Non-Cash Items 3165.706 -533.9208 -766.8853 -3857.28
Total Non-Cash Items 6876.32 6089.761 2928.884 2917.6
Change In Accounts Receivable -336.3759 -901.5384 38.3976 -1151.36
Change In Inventories -3592.201 -1547.057 -1855.884 -797.44
Change In Accounts Payable 515.5668 2314.021 1272.454 1860.32
Change In Assets/Liabilities -529.1895 -570.0261 -749.8198 -157.92
Total Change In Assets/Liabilities -3821.691 -656.46 -410.641 285.5999
Cash Flow From Operating Activities 12477.35 15168.6 15334.51 17752
Net Change In Property, Plant, And Equipment -5339.05 -5339.208 -4347.461 -4138.4
Net Change In Intangible Assets -278.7414 -504.3801 -307.1808 -577.92
Net Acquisitions/Divestitures -1624.245 -3133.502 -644.2266 11014.08
Net Change In Short-term Investments -3949.701
Net Change In Long-Term Investments 5222.733 9386.284 -993.0046 2730.56
Net Change In Investments - Total 5222.733 5436.583 -993.0046 2730.56
Investing Activities - Other 25.1496 210.0672 247.4512 330.4
Cash Flow From Investing Activities -1994.154 -3330.44 -6044.422 9358.72
Net Long-Term Debt 8019.578 -5863.282 7624.057 -3617.6
Net Current Debt 155.0892 12406 -2929.95 -497.28
Debt Issuance/Retirement Net - Total 8174.667 6542.718 4694.106 -4114.88
Net Common Equity Issued/Repurchased -11190.52 -7164.167 -7267.813 -10945.76
Net Total Equity Issued/Repurchased -11190.52 -7164.167 -7267.813 -10945.76
Total Common And Preferred Stock Dividends Paid -8280.506 -8734.2 -8498.669 -8616.16
Financial Activities - Other -633.9795 -657.5541 -1.0666 -17.92
Cash Flow From Financial Activities -11930.34 -10013.2 -11073.44 -23694.72
Net Cash Flow -1551.94 1922.334 -2382.784 3168.48
Stock-Based Compensation
Common Stock Dividends Paid -8280.506 -8734.2 -8498.669 -8616.16
 2018 2017 2016 2015 2014 2013
10531.74 8733.065 9438.229 6041.264 9718.479 7613.714
11417.14 12624.48 12600.89 12750.66 14728.18 13176.38
9329.4 9208.694 8529.535 8484.827 10036.92 9048.369
541.872 616.8941 581.7669 606.7281 618.2795 822.579
1075.565 1168.745 1356.441 1260.288 1431.344 1490.79
41921.47 32714.7 32532.24 30631.96 37163.52 32456.25
27438.15 28227.73 27975.58 27657.64 31101.1 29033.15
13658.24 17918.38 16679.35 14667.63 15475.59 18205.77
51463.53 51183.92 54221.08 54124.73 59482.87 47187.11
59.2992 63.0106 115.7442 133.2096 140.0704 133.858
94973.8 99790.49 101386.8 98406.52 108870.8 97560.91
140084.1 132505.2 133919.1 129038.5 146034.3 130017.1
43993.87 36641.68 38091.01 34677.16 35997 35533.9
26275.68 16191.69 11260.69 12073.16 13564.94 11186.86
1454.875 5027.636 5103.913 4506.231 5474.783 4427.029
36379.04 32063.25 28837.57 27771.08 31374.68 25245.19
80372.91 68704.93 66928.58 62448.25 67371.67 60779.09
312.8544 316.0693 315.7583 331.9833 352.3646 347.599
86515.48 86551.16 85354.24 94325.93 99560.51 92038.17

-21076.78 -19749.76 -19086.63 -21988.95 -18882.15 -22465.47

59711.23 63800.27 66990.51 66590.23 78662.66 69238.05
140084.1 132505.2 133919.1 129038.5 146034.3 130017.1
NESTLE
2018 2017 2016 2015 2014 2013
14060.04 10276.83 13364.39 12913.01 11933.34 14106.91
5287.853 6894.579 3829.712 3802.718 5459.463 3576.384
157.4496 -53.8639 35.5355 722.2458 1459.796 1121.601
5445.303 6840.715 3865.247 4524.963 6919.26 4697.984
-559.2528 -55.8965 -46.7038 -336.1461 -976.1156 -277.4315
-460.08 -851.6594 -241.6414 -26.0175 -584.3562 -169.4815
1066.363 528.476 1943.284 1028.212 998.0016 1711.007
97.128 347.5746 52.7956 -352.7973 386.2879 -671.449
444.744 152.445 1883.381 513.0651 -31.7347 848.487
15742.92 13705.82 15820.4 14884.09 16086.21 16183.86
-3955.666 -3998.124 -4071.353 -4029.59 -4283.09 -5226.939
-614.4624 -781.5347 -692.4346 -439.1754 -556.9987 -433.959
-5318.524 -565.0628 -318.8042 -329.9019 -1822.01 107.95
-1052.717 431.8
-4530.254 460.3839 -1099.57 496.4139 4460.367 2560.574
-4530.254 460.3839 -1099.57 496.4139 3407.65 2992.374
-166.6512 -136.1842 -34.5202 -19.7733 -107.2414 826.897
-14585.56 -5020.522 -6216.682 -4322.027 -3361.69 -1733.677
7349.011 3980.847 269.0544 908.5311 254.9719 1665.668
3598.848 -1025.447 1388.93 669.1701 -2172.186 -6545.008
10947.86 2955.4 1657.985 1577.701 -1917.214 -4879.34
-7007.53 -3348.708 771.628 -6636.544 -1769.483 -454.4695
-7007.53 -3348.708 771.628 -6636.544 -1769.483 -454.4695
-7609.723 -7589.729 -7481.746 -7674.122 -7899.751 -7426.96
-539.8271 -534.5738 -1226.482 -53.6207 -363.7915
-4209.221 -8517.61 -6278.615 -12732.96 -11640.07 -13124.56
-3371.875 -52.8476 3153.522 -2668.355 1130.412 757.809
172.7562 170.7108 166.243
-7609.723 -7589.729 -7481.746 -7674.122 -7899.751 -7426.96
 Vertical Analysis
2022 2021 2020 2019 2018 2017
Cash On Hand 4.95% 10.06% 6.94% 8.02% 7.52% 6.59%
Receivables 8.22% 8.02% 8.66% 9.20% 8.15% 9.53%
Inventory 11.11% 8.61% 8.14% 7.30% 6.66% 6.95%
Pre-Paid Expenses 0.41% 0.41% 0.38% 0.39% 0.39% 0.47%
Other Current Assets 1.18% 1.07% 0.82% 0.80% 0.77% 0.88%
Total Current Assets 25.94% 28.21% 27.47% 27.87% 29.93% 24.69%
Property, Plant, And Equipment 22.30% 20.37% 20.83% 22.48% 19.59% 21.30%
Long-Term Investments 12.04% 10.51% 11.77% 11.03% 9.75% 13.52%
Goodwill And Intangible Assets 38.10% 38.26% 38.51% 36.52% 36.74% 38.63%
Other Long-Term Assets 0.00% 0.00% 0.00% 0.04% 0.04% 0.05%
Total Long-Term Assets 74.06% 71.79% 72.53% 72.13% 67.80% 75.31%
Total Assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Total Current Liabilities 29.57% 28.76% 32.03% 32.53% 31.41% 27.65%
Long Term Debt 32.12% 26.22% 22.52% 18.08% 18.76% 12.22%
Other Non-Current Liabilities 1.80% 0.96% 1.70% 1.24% 1.04% 3.79%
Total Long Term Liabilities 38.77% 32.62% 30.47% 26.16% 25.97% 24.20%
Total Liabilities 68.34% 61.39% 62.50% 58.68% 57.37% 51.85%
Common Stock Net 0.20% 0.20% 0.23% 0.23% 0.22% 0.24%
Retained Earnings (Accumulated Deficit) 55.21% 58.47% 61.93% 64.92% 61.76% 65.32%
Comprehensive Income 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Share Holders Equity -17.47% -16.03% -19.96% -16.86% -15.05% -14.90%
Share Holder Equity 31.66% 38.61% 37.50% 41.32% 42.63% 48.15%
Total Liabilities And Share Holders Equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
 Horizontal A
2016 2015 2014 2013
7.05% 4.68% 6.65% 5.86%
9.41% 9.88% 10.09% 10.13%
6.37% 6.58% 6.87% 6.96%
0.43% 0.47% 0.42% 0.63%
1.01% 0.98% 0.98% 1.15%
24.29% 23.74% 25.45% 24.96%
20.89% 21.43% 21.30% 22.33%
12.45% 11.37% 10.60% 14.00%
40.49% 41.94% 40.73% 36.29%
0.09% 0.10% 0.10% 0.10%
75.71% 76.26% 74.55% 75.04%
100.00% 100.00% 100.00% 100.00%
28.44% 26.87% 24.65% 27.33%
8.41% 9.36% 9.29% 8.60%
3.81% 3.49% 3.75% 3.40%
21.53% 21.52% 21.48% 19.42%
49.98% 48.40% 46.13% 46.75%
0.24% 0.26% 0.24% 0.27%
63.74% 73.10% 68.18% 70.79%
0.00% 0.00% 0.00% 0.00%
-14.25% -17.04% -12.93% -17.28%
50.02% 51.60% 53.87% 53.25%
100.00% 100.00% 100.00% 100.00%
 Horizontal Analysis
2013 2014 2015
Cash On Hand 27.64% -37.84%
Receivables 11.78% -13.43%
Inventory 10.93% -15.46%
Pre-Paid Expenses -24.84% -1.87%
Other Current Assets -3.99% -11.95%
Total Current Assets 14.50% -17.58%
Property, Plant, And Equipment 7.12% -11.07%
Long-Term Investments -15.00% -5.22%
Goodwill And Intangible Assets 26.06% -9.01%
Other Long-Term Assets 4.64% -4.90%
Total Long-Term Assets 11.59% -9.61%
Total Assets 12.32% -11.64%
Total Current Liabilities 1.30% -3.67%
Long Term Debt 21.26% -11.00%
Other Non-Current Liabilities 23.67% -17.69%
Total Long Term Liabilities 24.28% -11.49%
Total Liabilities 10.85% -7.31%
Common Stock Net 1.37% -5.78%
Retained Earnings (Accumulated Deficit) 8.17% -5.26%
Comprehensive Income
Other Share Holders Equity -15.95% 16.45%
Share Holder Equity 13.61% -15.35%
Total Liabilities And Share Holders Equity 12.32% -11.64%
 2016 2017 2018 2019 2020 2021 2022
23.96% 14.70% 38.33% 35.67% 20.60% 101.11% -7.96%
-4.37% -4.19% -13.35% -10.12% -13.01% -7.37% -11.60%
-5.73% 1.77% 3.11% 3.93% 19.07% 44.88% 73.94%
-29.28% -25.00% -34.13% -39.07% -38.15% -23.52% -30.06%
-9.01% -21.60% -27.85% -31.00% -27.17% 8.76% 12.04%
0.23% 0.80% 29.16% 10.59% 11.96% 32.34% 13.20%
-3.64% -2.77% -5.49% -0.29% -5.07% 6.82% 8.79%
-8.38% -1.58% -24.98% -21.96% -14.47% -12.08% -6.32%
14.91% 8.47% 9.06% -0.35% 7.97% 23.43% 14.37%
-13.53% -52.93% -55.70% -58.64% -100.00% -100.00% -100.00%
3.92% 2.29% -2.65% -4.80% -1.65% 12.02% 7.54%
3.00% 1.91% 7.74% -0.96% 1.75% 17.09% 8.95%
7.20% 3.12% 23.81% 17.87% 19.23% 23.22% 17.89%
0.66% 44.74% 134.88% 108.12% 166.28% 256.80% 306.73%
15.29% 13.57% -67.14% -63.83% -49.16% -66.88% -42.27%
14.23% 27.01% 44.10% 33.41% 59.67% 96.74% 117.56%
10.12% 13.04% 32.24% 24.33% 36.03% 53.76% 59.29%
-9.16% -9.07% -10.00% -13.71% -11.63% -11.24% -17.10%
-7.26% -5.96% -6.00% -9.17% -10.99% -3.28% -15.03%

-15.04% -12.09% -6.18% -3.36% 17.56% 8.66% 10.18%

-3.25% -7.85% -13.76% -23.16% -28.35% -15.10% -35.24%
3.00% 1.91% 7.74% -0.96% 1.75% 17.09% 8.95%
 CASH FLOW STATEMENT OF NESTLE
ANNUAL DATA |MILLIONS OF US $ EXCEPT PER SHARE 2022 2021 2020 2019 2018
Net Income/Loss 12916.42 12777.99 15781.41 18007.36 14060.04
Total Depreciation And Amortization - Cash Flow 3710.614 6623.682 3695.769 6774.88 5287.853
Other Non-Cash Items 3165.706 -533.9208 -766.8853 -3857.28 157.4496
Total Non-Cash Items 6876.32 6089.761 2928.884 2917.6 5445.303
Change In Accounts Receivable -336.3759 -901.5384 38.3976 -1151.36 -559.2528
Change In Inventories -3592.201 -1547.057 -1855.884 -797.44 -460.08
Change In Accounts Payable 515.5668 2314.021 1272.454 1860.32 1066.363
Change In Assets/Liabilities -529.1895 -570.0261 -749.8198 -157.92 97.128
Total Change In Assets/Liabilities -3821.691 -656.46 -410.641 285.5999 444.744
Cash Flow From Operating Activities 12477.35 15168.6 15334.51 17752 15742.92
Net Change In Property, Plant, And Equipment -5339.05 -5339.208 -4347.461 -4138.4 -3955.666
Net Change In Intangible Assets -278.7414 -504.3801 -307.1808 -577.92 -614.4624
Net Acquisitions/Divestitures -1624.245 -3133.502 -644.2266 11014.08 -5318.524
Net Change In Short-term Investments -3949.701
Net Change In Long-Term Investments 5222.733 9386.284 -993.0046 2730.56 -4530.254
Net Change In Investments - Total 5222.733 5436.583 -993.0046 2730.56 -4530.254
Investing Activities - Other 25.1496 210.0672 247.4512 330.4 -166.6512
Cash Flow From Investing Activities -1994.154 -3330.44 -6044.422 9358.72 -14585.56
Net Long-Term Debt 8019.578 -5863.282 7624.057 -3617.6 7349.011
Net Current Debt 155.0892 12406 -2929.95 -497.28 3598.848
Debt Issuance/Retirement Net - Total 8174.667 6542.718 4694.106 -4114.88 10947.86
Net Common Equity Issued/Repurchased -11190.52 -7164.167 -7267.813 -10945.76 -7007.53
Net Total Equity Issued/Repurchased -11190.52 -7164.167 -7267.813 -10945.76 -7007.53
Total Common And Preferred Stock Dividends Paid -8280.506 -8734.2 -8498.669 -8616.16 -7609.723
Financial Activities - Other -633.9795 -657.5541 -1.0666 -17.92 -539.8271
Cash Flow From Financial Activities -11930.34 -10013.2 -11073.44 -23694.72 -4209.221
Net Cash Flow -1551.94 1922.334 -2382.784 3168.48 -3371.875
Stock-Based Compensation
Common Stock Dividends Paid -8280.506 -8734.2 -8498.669 -8616.16 -7609.723
E
2017 2016 2015 2014 2013
10276.83 13364.39 12913.01 11933.34 14106.91
6894.579 3829.712 3802.718 5459.463 3576.384
-53.8639 35.5355 722.2458 1459.796 1121.601
6840.715 3865.247 4524.963 6919.26 4697.984
-55.8965 -46.7038 -336.1461 -976.1156 -277.4315
-851.6594 -241.6414 -26.0175 -584.3562 -169.4815
528.476 1943.284 1028.212 998.0016 1711.007
347.5746 52.7956 -352.7973 386.2879 -671.449
152.445 1883.381 513.0651 -31.7347 848.487
13705.82 15820.4 14884.09 16086.21 16183.86
-3998.124 -4071.353 -4029.59 -4283.09 -5226.939
-781.5347 -692.4346 -439.1754 -556.9987 -433.959
-565.0628 -318.8042 -329.9019 -1822.01 107.95
-1052.717 431.8
460.3839 -1099.57 496.4139 4460.367 2560.574
460.3839 -1099.57 496.4139 3407.65 2992.374
-136.1842 -34.5202 -19.7733 -107.2414 826.897
-5020.522 -6216.682 -4322.027 -3361.69 -1733.677
3980.847 269.0544 908.5311 254.9719 1665.668
-1025.447 1388.93 669.1701 -2172.186 -6545.008
2955.4 1657.985 1577.701 -1917.214 -4879.34
-3348.708 771.628 -6636.544 -1769.483 -454.4695
-3348.708 771.628 -6636.544 -1769.483 -454.4695
-7589.729 -7481.746 -7674.122 -7899.751 -7426.96
-534.5738 -1226.482 -53.6207 -363.7915
-8517.61 -6278.615 -12732.96 -11640.07 -13124.56
-52.8476 3153.522 -2668.355 1130.412 757.809
172.7562 170.7108 166.243
-7589.729 -7481.746 -7674.122 -7899.751 -7426.96
 Vertical Analysis
2022 2021 2020
Net Income/Loss
Total Depreciation And Amortization - Cash Flow
Other Non-Cash Items
Total Non-Cash Items
Change In Accounts Receivable
Change In Inventories
Change In Accounts Payable
Change In Assets/Liabilities
Total Change In Assets/Liabilities
Cash Flow From Operating Activities
Net Change In Property, Plant, And Equipment
Net Change In Intangible Assets
Net Acquisitions/Divestitures
Net Change In Short-term Investments
Net Change In Long-Term Investments
Net Change In Investments - Total
Investing Activities - Other
Cash Flow From Investing Activities
Net Long-Term Debt
Net Current Debt
Debt Issuance/Retirement Net - Total
Net Common Equity Issued/Repurchased
Net Total Equity Issued/Repurchased
Total Common And Preferred Stock Dividends Paid
Financial Activities - Other
Cash Flow From Financial Activities
Net Cash Flow
Stock-Based Compensation
Common Stock Dividends Paid
 Horizontal Analysis
2019 2018 2017 2016 2015 2014 2013 2022
Horizontal Analysis
2021 2020 2019 2018 2017 2016 2015 2014 2013