Consolidated statement of cash flows (unaudited)
In CHF million |
Note |
1.1.–30.9. 2019 |
1.1.–30.9. 2018 |
|||
|---|---|---|---|---|---|---|
| Net income | 1,181 | 1,213 | ||||
| Income tax expense | 230 | 305 | ||||
| Result of equity-accounted investees | (1) | (3) | ||||
| Financial income | 7 | (25) | (35) | |||
| Financial expense | 7 | 144 | 141 | |||
| Depreciation and amortisation of property, plant and equipment and intangible assets | 1,649 | 1,610 | ||||
| Depreciation of right-of-use assets | 182 | – | ||||
| Gain on sale of property, plant and equipment | (12) | (7) | ||||
| Loss on disposal of property, plant and equipment | – | 4 | ||||
| Expense for share-based payments | 1 | 1 | ||||
| Change in provisions | (5) | (50) | ||||
| Change in defined benefit obligations | 42 | 47 | ||||
| Change in operating assets and liabilities | 8 | (38) | (289) | |||
| Change in deferred gain from the sale and leaseback of real estate | (9) | (9) | ||||
| Interest received | 24 | 23 | ||||
| Interest payments on financial liabilities | (78) | (93) | ||||
| Interest payments on lease liabilities | (24) | (18) | ||||
| Dividends received | 18 | 18 | ||||
| Income taxes paid | (347) | (313) | ||||
| Cash flow from operating activities | 2,932 | 2,545 | ||||
| Purchase of property, plant and equipment and intangible assets | (1,833) | (1,621) | ||||
| Sale of property, plant and equipment and intangible assets | 21 | 9 | ||||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | 5 | (385) | (18) | |||
| Proceeds from sale of subsidiaries, net of cash and cash equivalents sold | 5 | 1 | (1) | |||
| Purchase of equity-accounted investees | (13) | (32) | ||||
| Purchase of other financial assets | (53) | (28) | ||||
| Proceeds from other financial assets | 30 | 29 | ||||
| Cash flow used in investing activities | (2,232) | (1,662) | ||||
| Issuance of financial liabilities | 5 | 529 | 1,633 | |||
| Repayment of financial liabilities | 5 | (68) | (1,492) | |||
| Repayment of lease liabilities | 5 | (186) | (21) | |||
| Dividends paid to equity holders of Swisscom Ltd | (1,140) | (1,140) | ||||
| Dividends paid to non-controlling interests | (1) | (1) | ||||
| Other cash flows from financing activities | (14) | (6) | ||||
| Cash flow used in financing activities | (880) | (1,027) | ||||
| Net decrease in cash and cash equivalents | (180) | (144) | ||||
| Cash and cash equivalents at 1 January | 474 | 525 | ||||
| Foreign currency translation adjustments in respect of cash and cash equivalents | (2) | (6) | ||||
| Cash and cash equivalents at the end of financial period | 292 | 375 |