Consolidated balance sheet (unaudited)

In CHF million	Note	31.03.2020	31.12.2019

Assets
Cash and cash equivalents		1,487	328
Trade receivables	7	2,201	2,183
Other operating assets	7	1,292	1,156
Other financial assets		69	73
Current income tax assets		14	4
Total current assets		5,063	3,744
Property, plant and equipment		10,476	10,529
Intangible assets		1,813	1,842
Goodwill		5,151	5,163
Right-of-use assets		2,143	2,177
Equity-accounted investees		156	156
Other financial assets		462	484
Deferred tax assets		165	152
Total non-current assets		20,366	20,503
Total assets		25,429	24,247


Liabilities and equity
Financial liabilities	5	2,408	1,411
Lease liabilities		226	232
Trade payables	7	1,531	1,614
Provisions	8	164	163
Other operating liabilities	7	1,214	1,182
Current income tax liabilities		139	174
Total current liabilities		5,682	4,776
Financial liabilities	5	5,998	6,049
Lease liabilities		1,750	1,795
Defined benefit obligations		1,270	1,058
Provisions	8	990	983
Deferred gain on sale and leaseback of real estate		118	122
Deferred tax liabilities		565	589
Total non-current liabilities		10,691	10,596
Total liabilities		16,373	15,372
Share capital		52	52
Capital reserves		136	136
Retained earnings		10,674	10,454
Foreign currency translation adjustments		(1,816)	(1,781)
Hedge reserves		8	11
Equity attributable to equity-holders of Swisscom Ltd		9,054	8,872
Non-controlling interests		2	3
Total equity		9,056	8,875
Total liabilities and equity		25,429	24,247