Consolidated statement of cash flows (unaudited)
In CHF million |
Note |
1.01.–30.09. 2024 |
1.01.–30.09. 2023 |
|||
|---|---|---|---|---|---|---|
| Net income | 1,283 | 1,310 | ||||
| Income tax expense | 293 | 311 | ||||
| Result of equity-accounted investees | 1 | – | ||||
| Financial income | 6 | (99) | (25) | |||
| Financial expense | 6 | 174 | 118 | |||
| Depreciation and amortisation of property, plant and equipment and intangible assets | 1,590 | 1,566 | ||||
| Depreciation of right-of-use assets | 196 | 197 | ||||
| Gain on sale of property, plant and equipment | (7) | (5) | ||||
| Loss on sale of property, plant and equipment | – | 1 | ||||
| Expense for share-based payments | 1 | 1 | ||||
| Revenue from finance leases | (59) | (62) | ||||
| Proceeds from finance leases | 63 | 80 | ||||
| Change in deferred gain from the sale and leaseback of real estate | (3) | (3) | ||||
| Change in operating assets and liabilities | 7 | (134) | (195) | |||
| Change in provisions | (58) | (44) | ||||
| Change in net defined benefit liabilities | 3 | (25) | ||||
| Interest received | 57 | 5 | ||||
| Interest payments on financial liabilities | (62) | (61) | ||||
| Interest payments on lease liabilities | (35) | (34) | ||||
| Dividends received | 1 | 9 | ||||
| Income taxes paid | (242) | (271) | ||||
| Cash flow from operating activities | 2,963 | 2,873 | ||||
| Purchase of property, plant and equipment and intangible assets | (1,715) | (1,615) | ||||
| Sale of property, plant and equipment and intangible assets | 10 | 8 | ||||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | (20) | (62) | ||||
| Proceeds from sale of subsidiaries, net of cash and cash equivalents sold | 1 | 3 | ||||
| Acquisition of equity-accounted investees | – | (1) | ||||
| Purchase of other financial assets | (2,159) | (19) | ||||
| Proceeds from other financial assets | 10 | 431 | 17 | |||
| Other cash flows from investing activities | (13) | (10) | ||||
| Cash flow used in investing activities | (3,465) | (1,679) | ||||
| Issuance of financial liabilities | 5 | 5,639 | 635 | |||
| Repayment of financial liabilities | 5 | (523) | (445) | |||
| Repayment of lease liabilities | (208) | (217) | ||||
| Dividends paid to equity holders of Swisscom Ltd | (1,140) | (1,140) | ||||
| Dividends paid to non-controlling interests | – | (1) | ||||
| Other cash flows from financing activities | (2) | (17) | ||||
| Cash inflow (outflow) from financing activities | 3,766 | (1,185) | ||||
| Net increase in cash and cash equivalents | 3,264 | 9 | ||||
| Cash and cash equivalents at 1 January | 148 | 121 | ||||
| Foreign currency translation adjustments in respect of cash and cash equivalents | (160) | (3) | ||||
| Cash and cash equivalents at the end of period | 3,252 | 127 |