Reconciliation of alternative performance measures
In CHF million |
1.01.–30.06.2024 |
1.01.–30.06.2023 |
Change reported |
Change at constant exchange rates |
||||
---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 2,703 | 5,450 | –50.4% | –49.5% | ||||
Operating income before depreciation and amortisation (EBITDA) | ||||||||
EBITDA | 1,155 | 2,303 | –49.8% | –49.2% | ||||
(Release) additions of provisions for legal proceedings in Switzerland | (10) | 82 | ||||||
Additions of provisions for legal proceedings in Italy | 13 | – | ||||||
EBITDA adjusted | 1,158 | 2,385 | –51.4% | –50.8% | ||||
Capital expenditure | ||||||||
Capital expenditure in property, plant and equipment and intangible assets | 585 | 1,107 | –47.2% | –46.1% | ||||
Payments for indefeasible rights of use (IRU) | 9 | 6 | 50.0% | |||||
Capital expenditure | 594 | 1,113 | –46.6% | –45.6% |
In CHF million | 1.01.–30.06.2024 | 1.01.–30.06.2023 | Change reported | |||
---|---|---|---|---|---|---|
Operating free cash flow | ||||||
Cash flow from operating activities | 633 | 1,545 | (912) | |||
Capital expenditure | (594) | (1,113) | 519 | |||
Depreciation of right-of-use assets | (65) | (132) | 67 | |||
Depreciation of indefeasible rights of use (IRU) | 10 | 10 | – | |||
Change in deferred gain from the sale and leaseback of real estate | 2 | 3 | (1) | |||
Change in operating assets and liabilities | 332 | 408 | (76) | |||
Change in provisions | 12 | (57) | 69 | |||
Change in net defined benefit liabilities | 17 | (33) | 50 | |||
Gain on sale of property, plant and equipment | 4 | 3 | 1 | |||
Loss on sale of property, plant and equipment | (1) | (3) | 2 | |||
Expense for share-based payments | (1) | (1) | – | |||
Revenue from finance leases | 37 | 35 | 2 | |||
Proceeds from finance leases | (74) | (30) | (44) | |||
Interest received | (2) | (4) | 2 | |||
Interest payments on financial liabilities | 25 | 21 | 4 | |||
Dividends received | (1) | (1) | – | |||
Income taxes paid | 201 | 344 | (143) | |||
Operating free cash flow | 535 | 995 | (460) | |||
Free cash flow | ||||||
Cash flow from operating activities | 633 | 1,545 | (912) | |||
Cash flow used in investing activities | (638) | (1,210) | 572 | |||
Repayment of lease liabilities | (163) | (141) | (22) | |||
Acquisition of subsidiaries, net of cash and cash equivalents acquired | 58 | 64 | (6) | |||
Proceeds from equity-accounted investees | (3) | – | (3) | |||
Acquisition of equity-accounted investees | 1 | 1 | – | |||
Purchase of other financial assets | 13 | 86 | (73) | |||
Proceeds from other financial assets | (16) | (51) | 35 | |||
Other cash flows from financing activities | (2) | – | (2) | |||
Free cash flow | (117) | 294 | (411) |