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1st Interim Report 2021
1st Interim Report 2021
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1st Interim Report 2021
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Table of contents for the 1st Interim Report 2021 report

1st Interim Report 2021
KPIsFinancial review
SummarySegment resultsDepreciation and amortisation, non operating resultsCash flowsNet asset positionOutlook
Consolidated interim financial statements
Consolidated statement of comprehensive income (unaudited)Consolidated balance sheet (unaudited)Consolidated statement of cash flows (unaudited)Consolidated statement of changes in equity (unaudited)
Notes to the interim financial statements
About this report1 Changes in accounting principles2 Segment information3 Operating costs4 Dividends5 Financial liabilities6 Financial result7 Operating net working capital8 Provisions and contingent liabilities
Alternative performance measures
Reconciliation of alternative performance measures
Further Information
Share informationQuarterly review 2020 and 2021Forward looking statements
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8 Provisions and contingent liabilities

Provisions

Provisions changed as follows in the first three months of 2021:


In CHF million
  Dismantlement
and restoration
costs
  Regulatory and
competition law
proceedings
 
Termination
benefits
 

Others
 

Total
Balance at 1 January 2021   741   233   63   179   1,216
Additions to provisions   –   3   –   14   17
Adjustments recorded under property, plant and equipment   (40)   –   –   –   (40)
Present-value adjustments   1   1   –   –   2
Release of unused provisions   –   –   –   (2)   (2)
Use of provisions   (1)   –   (5)   (11)   (17)
Foreign currency translation adjustments   –   –   –   1   1
Balance at 31 March 2021   701   237   58   181   1,177
Thereof current provisions   –   –   54   78   132
Thereof non-current provisions   701   237   4   103   1,045

Contingent liabilities for regulatory and competition law proceedings

With regard to the contingent liabilities reported in the 2020 consolidated financial statements in connection with regulatory and antitrust proceedings, Swisscom is of the opinion that an outflow of resources is unlikely and has therefore, as before, not recognised any provisions for this in the consolidated financial statements as at 31 March 2021.