Consolidated balance sheet

In CHF million	Note	31.12.2020	31.12.2019

Assets
Cash and cash equivalents		340	328
Trade receivables	3.1	2,132	2,183
Other operating assets	3.1	1,029	1,156
Other financial assets		170	73
Current income tax assets	6.1	4	4
Total current assets		3,675	3,744
Property, plant and equipment	3.2	10,725	10,529
Intangible assets	3.3	1,745	1,842
Goodwill	3.4	5,162	5,163
Right-of-use assets	2.3	2,138	2,177
Equity-accounted investees	5.3	155	156
Other financial assets		479	484
Deferred tax assets	6.1	183	152
Total non-current assets		20,587	20,503
Total assets		24,262	24,247


Liabilities and equity
Financial liabilities	2.2	792	1,411
Lease liabilities	2.3	226	232
Trade payables	3.1	1,525	1,614
Other operating liabilities	3.1	1,269	1,194
Provisions	3.5	144	163
Current income tax liabilities	6.1	186	174
Total current liabilities		4,142	4,788
Financial liabilities	2.2	6,250	6,049
Lease liabilities	2.3	1,762	1,795
Defined benefit obligations	4.3	795	1,058
Provisions	3.5	1,072	971
Deferred gain on sale and leaseback of real estate	2.3	106	122
Deferred tax liabilities	6.1	644	589
Total non-current liabilities		10,629	10,584
Total liabilities		14,771	15,372
Share capital		52	52
Capital reserves		136	136
Retained earnings	2.1	11,085	10,454
Foreign currency translation adjustments	2.1	(1,791)	(1,781)
Hedging reserves	2.1	8	11
Equity attributable to equity-holders of Swisscom Ltd		9,490	8,872
Non-controlling interests		1	3
Total equity		9,491	8,875
Total liabilities and equity		24,262	24,247

Con­sol­i­dated balance sheet