5 Financial liabilities
In CHF million |
Carrying amount 1.1.2019 |
Issuance |
Repayment |
Other changes 1 |
Carrying amount 30.9.2019 |
Fair Value |
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In CHF million |
Carrying amount 1.1.2019 |
Issuance |
Repayment |
Other changes 1 |
Carrying amount 30.9.2019 |
Fair Value |
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In CHF millionFinancial liabilities |
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In CHF millionBank loans |
Carrying amount 1.1.20191,233 |
Issuance89 |
Repayment(67) |
Other changes 1(58) |
Carrying amount 30.9.20191,197 |
Fair Value1,234 |
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In CHF millionDebenture bonds |
Carrying amount 1.1.20195,554 |
Issuance405 |
Repayment– |
Other changes 1(28) |
Carrying amount 30.9.20195,931 |
Fair Value6,164 |
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In CHF millionPrivate placements |
Carrying amount 1.1.2019426 |
Issuance– |
Repayment– |
Other changes 12 |
Carrying amount 30.9.2019428 |
Fair Value441 |
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In CHF millionDerivative financial instruments |
Carrying amount 1.1.201954 |
Issuance– |
Repayment– |
Other changes 133 |
Carrying amount 30.9.201987 |
Fair Value87 |
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In CHF millionOther financial liabilities |
Carrying amount 1.1.2019594 |
Issuance35 |
Repayment(241) |
Other changes 1(128) |
Carrying amount 30.9.2019260 |
Fair Value272 |
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In CHF millionTotal financial liabilities |
Carrying amount 1.1.20197,861 |
Issuance529 |
Repayment(308) |
Other changes 1(179) |
Carrying amount 30.9.20197,903 |
Fair Value8,198 |
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In CHF million |
Carrying amount 1.1.2019 |
Issuance |
Repayment |
Other changes 1 |
Carrying amount 30.9.2019 |
Fair Value |
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In CHF millionLease liabilities |
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In CHF millionLease liabilities |
Carrying amount 1.1.20191,698 |
Issuance– |
Repayment(186) |
Other changes 1239 |
Carrying amount 30.9.20191,751 |
Fair Value2,128 |
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In CHF million 1 Interest expenses, interest payments, non-cash changes in lease liabilities and foreign currency translation adjustments.
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In the first quarter of 2019, Swisscom issued a debenture bond for CHF 200 million. It has a coupon of 0.5% and matures in 2029. In the second quarter of 2019, Swisscom increased a debenture bond that was issued in 2017 by CHF 80 million. It has a coupon of 0.75% and matures in 2033. In addition, in August 2019 Swisscom issued a debenture bond for CHF 125 million. It has a coupon of 0% and matures in 2044. The financing thus received was applied to repay existing loans. As at 30 September 2019, Swisscom also had short-term bank loans on a weekly and monthly basis.
Repayment of other liabilities includes the purchase price of CHF 240 million paid to Tamedia for the acquisition of the outstanding share of 31% in Swisscom Directories Ltd. In the cash flow statement this payment is reported under the line item “Acquisition of subsidiaries, net of cash and cash equivalents acquired”.