Consolidated statement of cash flows (unaudited)
In CHF million |
Note |
1.01.–30.09. 2021 |
1.01.–30.09. 2020 |
|||
|---|---|---|---|---|---|---|
| Net income | 1,536 | 1,166 | ||||
| Income tax expense | 237 | 248 | ||||
| Result of equity-accounted investees | 5 | (4) | ||||
| Financial income | 6 | (267) | (43) | |||
| Financial expense | 6 | 129 | 156 | |||
| Depreciation and amortisation of property, plant and equipment and intangible assets | 1,614 | 1,616 | ||||
| Depreciation of right-of-use assets | 211 | 217 | ||||
| Gain on sale of property, plant and equipment | (5) | (8) | ||||
| Expense for share-based payments | 1 | 1 | ||||
| Revenue from finance leases | (71) | (49) | ||||
| Change in deferred gain from the sale and leaseback of real estate | (9) | (9) | ||||
| Change in operating assets and liabilities | 7 | (92) | (26) | |||
| Change in provisions | 12 | (27) | ||||
| Change in net defined benefit liabilities | (22) | 46 | ||||
| Interest received | 12 | 23 | ||||
| Interest payments on financial liabilities | (68) | (82) | ||||
| Interest payments on lease liabilities | (33) | (34) | ||||
| Dividends received | 1 | 15 | ||||
| Income taxes paid | (283) | (174) | ||||
| Cash flow from operating activities | 2,908 | 3,032 | ||||
| Purchase of property, plant and equipment and intangible assets | (1,594) | (1,621) | ||||
| Sale of property, plant and equipment and intangible assets | 10 | 13 | ||||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | (25) | (30) | ||||
| Expenses for shareholdings accounted for using the equity method | (1) | (15) | ||||
| Proceeds from equity-accounted investees | 135 | – | ||||
| Proceeds from finance leases | 71 | 56 | ||||
| Purchase of other financial assets | (13) | (122) | ||||
| Proceeds from other financial assets | 112 | 13 | ||||
| Other cash flows from investing activities | (11) | – | ||||
| Cash flow used in investing activities | (1,316) | (1,706) | ||||
| Issuance of financial liabilities | 5 | 324 | 781 | |||
| Repayment of financial liabilities | 5 | (631) | (832) | |||
| Repayment of lease liabilities | (208) | (207) | ||||
| 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 | (12) | (8) | ||||
| Cash flow used in financing activities | (1,668) | (1,407) | ||||
| Net decrease in cash and cash equivalents | (76) | (81) | ||||
| Cash and cash equivalents at 1 January | 340 | 328 | ||||
| Foreign currency translation adjustments in respect of cash and cash equivalents | 1 | – | ||||
| Cash and cash equivalents at the end of period | 265 | 247 |