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In CHF million, except where indicated       31.3.2016   31.3.2015   Change
                 
Revenue and results
Net revenue       2,885   2,893   –0.3%
Operating income before depreciation and amortisation (EBITDA) 1       1,081   1,051   2.9%
EBITDA as % of net revenue   %   37.5   36.3    
Operating income (EBIT) 2       535   544   –1.7%
Net income       364   351   3.7%
Earnings per share   CHF   7.05   6.78   4.0%
 
Balance sheet and cash flows
Equity at end of period       4,928   5,198   –5.2%
Equity ratio at end of period 3   %   22.9   25.1    
Capital expenditure       596   549   8.6%
Operating free cash flow 4       184   344   –46.5%
Net debt at end of period 5       8,108   7,895   2.7%
 
Operational data at end of period
Fixed access lines in Switzerland   in thousand   2,582   2,735   –5.6%
Broadband access lines retail in Switzerland   in thousand   1,968   1,908   3.1%
Swisscom TV access lines in Switzerland   in thousand   1,367   1,201   13.8%
Mobile access lines in Switzerland   in thousand   6,615   6,568   0.7%
Revenue generating units (RGU) in Switzerland 6   in thousand   12,532   12,412   1.0%
Unbundled fixed access lines in Switzerland   in thousand   120   162   –25.9%
Broadband access lines wholesale in Switzerland   in thousand   329   278   18.3%
Broadband access lines in Italy   in thousand   2,241   2,124   5.5%
   
Swisscom share
Number of shares issued at end of period   in thousand   51,802   51,802  
Closing price at end of period   CHF   522.50   564.50   –7.4%
Market capitalisation at end of period 7       27,067   29,242   –7.4%
                 
Employees
Full-time equivalent employees at end of period   FTE   21,645   21,599   0.2%
Full-time equivalent employees in Switzerland at end of period   FTE   18,960   18,776   1.0%
1 Definition operating income before depreciation and amortisation (EBITDA): operating income before depreciation and amortisation and impairment losses on tangible and intangible assets, gain on sale of subsidiaries, net financial result, share of results of associates and income tax expense.
2 Definition operating income (EBIT): operating income before gain on sale of subsidiaries, net financial result, share of results of associates and income tax expense.
3 Equity as a percentage of total assets.
4 Definition operating free cash flow: operating income before depreciation and amortisation (EBITDA), change in operating assets and liabilities (excluding cash and cash equivalents) less net capital expenditure in tangible and other intangible assets and dividends paid to non-controlling interests.
5 Definition net debt: financial liabilities less cash and cash equivalents, current financial assets and non-current fixed-interest-bearing deposits.
6 Definition revenue generating units (RGU) in Switzerland: fixed access lines, broadband access lines retail, Swisscom TV access lines and mobile access lines.
7 Closing price at end of period, multiplied by number of shares outstanding at end of period.