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In CHF million, except where indicated       31.03.2022   31.03.2021   Change
                 
Net revenue and results 1
Net revenue       2,768   2,803   –1.2%
Operating income before depreciation and amortisation (EBITDA)       1,137   1,124   1.2%
EBITDA as % of net revenue   %   41.1   40.1    
EBITDA after lease expense (EBITDA AL)       1,065   1,049   1.5%
Operating income (EBIT)       549   516   6.4%
Net income       447   638   –29.9%
Earnings per share   CHF   8.63   12.32   –30.0%
     
Balance sheet and cash flows 1
Equity       11,260   10,462   7.6%
Equity ratio   %   45.2   41.7    
Operating free cash flow proxy       543   509   6.7%
Capital expenditure       522   540   –3.3%
Net debt       7,680   7,825   –1.9%
     
Operational data
Fixed telephony access lines in Switzerland   in thousand   1,399   1,491   –6.2%
Broadband access lines retail in Switzerland   in thousand   2,030   2,028   0.1%
TV access lines in Switzerland   in thousand   1,586   1,581   0.3%
Mobile access lines in Switzerland   in thousand   6,151   6,177   –0.4%
Revenue generating units (RGU) Switzerland   in thousand   11,166   11,277   –1.0%
Access lines wholesale in Switzerland   in thousand   703   677   3.8%
Broadband access lines retail in Italy   in thousand   2,731   2,765   –1.2%
Broadband access lines wholesale in Italy   in thousand   363   153   137.3%
Mobile access lines in Italy   in thousand   2,649   2,066   28.2%
       
Swisscom share
Number of issued shares   in thousand   51,802   51,802   –%
Market capitalisation       28,750   26,264   9.5%
Closing price   CHF   555.00   507.00   9.5%
                 
Employees
Full-time equivalent employees   number   19,009   19,077   –0.4%
Average number of full-time equivalent employees   number   18,989   19,070   –0.4%
1 Swisscom uses various alternative performance measures. The definitions and the reconciliation to the values in accordance with IFRS are set out in the interim report on pages 24 and 25.