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3 Disclosures on balance sheet and income statement positions

3.1 Trade accounts receivables

Trade accounts receivables consist exclusively of receivables from third parties.

3.2 Other current receivables

In CHF million   31.12.2015   31.12.2014
Receivables from third parties   1   3
Receivables from participations   6   102
Derivative financial instruments   3  
Total current receivables   10   105

3.3 Financial assets

In CHF million   31.12.2015   31.12.2014
Loans and receivables from third parties   105   104
Loans and receivables from participations   5,793   5,153
Derivative financial instruments   10  
Disagio debenture bonds   3  
Total financial assets   5,911   5,257

3.4 Investments

A list of directly and indirectly held shareholdings of Swisscom Ltd is set out in Note 40 to the Consolidated Financial Statements.

3.5 Interest-bearing liabilities

In CHF million   31.12.2015   31.12.2014
Payables from third parties   1,087   1,451
Payables from participations   631   1,719
Total current interest-bearing liabilities   1,718   3,170
In CHF million   31.12.2015   31.12.2014
Bank loans   590   910
Debenture bonds   5,413   4,606
Private placements   600   950
Loans from participations   840   224
Other interest-bearing liabilities from third parties   6  
Total non-current interest-bearing liabilities   7,449   6,690

The amounts, interest rates and maturities of the debenture bonds issued by Swisscom Ltd were as follows:

  31.12.2015   31.12.2014

In CHF million or EUR
  Par value
in CHF
  Nominal
interest rate
  Par value
in CHF
  Nominal
interest rate
Debenture bond in CHF 2008–2015       500   4.00
Debenture bond in CHF 2007–2017   600   3.75   600   3.75
Debenture bond in CHF 2009–2018   1,425   3.25   1,425   3.25
Debenture bond in EUR 2013–2020   542   2.00   542   2.00
Debenture bond in EUR 2014–2021   542   1.88   542   1.88
Debenture bond in CHF 2010–2022   500   2.63   500   2.63
Debenture bond in CHF 2015–2023   250   0.25    
Debenture bond in CHF 2012–2024   500   1.75   500   1.75
Debenture bond in EUR 2015–2025   542   1.75    
Debenture bond in CHF 2014–2026   200   1.50   200   1.50
Debenture bond in CHF 2014–2029   160   1.50   160   1.50
Debenture bond in CHF 2015–2035   150   1.00    

3.6 Trade payables

In CHF million   31.12.2015   31.12.2014
Payables from third parties   6   6
Payables from participations   2   5
Total trade payables   8   11

3.7 Other liabilities

In CHF million   31.12.2015   31.12.2014
Payables from third parties   38   23
Payables from participations   6   7
Derivative financial instruments   8   55
Total other current liabilities   52   85
In CHF million   31.12.2015   31.12.2014
Payables from third parties   7  
Derivative financial instruments   59   47
Total other non-current liabilities   66   47

3.8 Residual leasing commitments

Leasing commitments which do not mature or cannot be terminated within twelve months present the following maturity structure:

In CHF million   31.12.2015   31.12.2014
Within 1 year   2   2
1 to 5 years   1  
Total remaining amount of lease obligation   3   2

The amounts encompass the payments arising under rental and leasing contracts which are to be settled up to the end of the contract or the end of the notice period for cancellation.

3.9 Shareholdings of the members of the Board of Directors and Group Executive Board

The following table discloses the number of unrestricted and restricted shares held by the members of the Board of Directors and Group Executive Board as well as parties related to them, as of 31 December 2014 and 2015:

Number   31.12.2015   31.12.2014
Hansueli Loosli   2,012   1,682
Frank Esser 1   205   101
Barbara Frei   528   409
Hugo Gerber   1,233   1,129
Michel Gobet   1,600   1,496
Torsten Kreindl   1,322   1,195
Catherine Mühlemann   1,223   1,119
Theophil Schlatter   1,054   887
Hans Werder   982   839
Total shares of the members of the Group Executive Board   10,159   8,857
1 Elected as of 7 April 2014.
Number   31.12.2015   31.12.2014
Urs Schaeppi (CEO)   2,602   2,275
Mario Rossi   821   634
Hans C. Werner   571   421
Marc Werner 1   211   106
Christian Petit 2   1,525   1,332
Roger Wüthrich-Hasenböhler 3   1,032   879
Heinz Herren 3   1,098   1,122
Total shares of the members of the Board of Directors   7,860   6,769
1 Joined the Group Executive Board as of 1 January 2014.
2 Rejoined the Group Executive Board as of 1 April 2014.
3 Rejoined the Group Executive Board as of 1 January 2014.

In 2015, 1,302 shares (CHF 0.7 million) were issued to members of the Board of Directors, 1,268 shares (CHF 0.7 million) were issued to members of the Group Executive Board and 1,309 shares (CHF 0.7 million) were issued to other Swisscom employees. See Note 11 to the consolidated financial statements.

3.10 Collateral given to secure third-party liabilities

As of 31 December 2015, guarantee obligations exist for Group companies in favour of third parties totalling CHF 111 million (prior year: CHF 260 million).

3.11 Assets used to secure own commitments as well as assets subject to retention of title

As of 31 December 2015, financial assets totalling CHF 105 million (prior year: CHF 103 million) were not freely available. These assets serve to secure commitments arising from bank loans.

3.12 Material events after the balance sheet date

No material events subsequent to the balance sheet date occurred in the period ending 3 February 2016, the date on which the Board of Directors of Swisscom Ltd approved the release of the Annual Financial Statements.