CSL 2025 Annual Report

Cover	1
Table of Contents	3
Message from the Chair	6
Message from the CEO	8
Year in Review	10
CSL strategy	12
CSL'S Sustainability Strategy	14
Value Creation	16
CSL'S Businesses and Outlook	18
Global Manufacturing Presence	20
Platforms, Therapeutic Areas and Product Portfolio	22
Material Risks	26
Healthier World	28
Healthier Communities	29
Healthier Environment	37
Board of Directors	44
Leadership Team	48
Governance	52
Directors' Report	54
Auditor's Independence Declaration	58
Independent Limited Assurance Report	59
Remuneration Report	63
Consolidated Statement of Comprehensive Income	92
Consolidated Balance Sheet	92
Consolidated Statement of Changes in Equity	94
Consolidated Statement of Cash Flows	94
Notes to the Financial Statements	96
Consolidated Entity Disclosure Statement	132
Directors' Declaration	135
Independent Auditor's Report	136
Shareholder Information	140
Key Performance Data Summary	142
Glossary	145
Corporate Directory	146

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