Consolidated balance sheet (unaudited)

In CHF million Note 31.3.2026 31.12.2025
Assets
Cash and cash equivalents 661 258
Trade receivables 7 2,442 2,494
Receivables from finance leases 18 34
Other operating assets 7 1,811 1,648
Other financial assets 436 598
Current income tax assets 96 96
Total current assets 5,464 5,128
Property, plant and equipment 13,604 13,663
Intangible assets 5,524 5,682
Goodwill 6,551 6,575
Right-of-use assets 3,803 3,949
Equity-accounted investees 27 26
Receivables from finance leases 129 136
Other financial assets 519 510
Deferred tax assets 358 354
Total non-current assets 30,515 30,895
Total assets 35,979 36,023
Liabilities and equity
Financial liabilities 5 1,221 1,216
Lease liabilities 1,056 898
Trade payables 7 2,478 2,386
Other operating liabilities 7 1,813 1,761
Provisions 8 169 179
Current income tax liabilities 328 308
Total current liabilities 7,065 6,748
Financial liabilities 5 12,801 11,773
Lease liabilities 2,527 2,831
Defined benefit obligations 50 50
Provisions 8 1,389 1,408
Deferred gain on sale and leaseback of real estate 73 74
Deferred tax liabilities 917 901
Total non-current liabilities 17,757 17,037
Total liabilities 24,822 23,785
Share capital 52 52
Capital reserves 136 136
Retained earnings 13,203 14,217
Foreign currency translation adjustments (2,218) (2,145)
Hedging reserves (13) (20)
Equity attributable to equity holders of Swisscom Ltd 11,159 12,240
Non-controlling interests (2) (1)
Total equity 11,157 12,238
Total liabilities and equity 35,979 36,023