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In CHF million   Note   2017   2016
Net income       1,568   1,604
Income tax expense   6.1    392   386
Result of equity-accounted investees   5.3    11   3
Financial income   2.4    (44)   (80)
Financial expense   2.4    204   235
Depreciation, amortisation and impairment losses   3.23.4    2,164   2,145
Gain on sale of property, plant and equipment   1.2    (24)   (20)
Loss on disposal of property, plant and equipment       2   9
Expense for share-based payments       2   3
Change in provisions   3.5    51   (141)
Change in defined benefit obligations   4.3    36   68
Change in operating assets and liabilities   3.1    165   (17)
Change in deferred gain from the sale and leaseback of real estate   2.2    (12)   (5)
Interest received       26   27
Dividends received   5.3    20   17
Interest paid   2.2    (181)   (184)
Income taxes paid   6.1    (289)   (328)
Cash flow from operating activities       4,091   3,722
Purchase of property, plant and equipment and intangible assets   3.2, 3.4    (2,378)   (2,416)
Sale of property, plant and equipment and intangible assets       30   27
Acquisition of subsidiaries, net of cash and cash equivalents acquired   5.2    (63)   (38)
Purchase of equity-accounted investees   5.2    (20)   (3)
Proceeds from sale of equity-accounted investees   5.2    76   88
Purchase of other financial assets       (58)   (196)
Proceeds from other financial assets       158   92
Cash flow used in investing activities       (2,255)   (2,446)
Issuance of financial liabilities   2.2    757   898
Repayment of financial liabilities   2.2    (1,158)   (999)
Dividends paid to equity holders of Swisscom Ltd   2.1    (1,140)   (1,140)
Dividends paid to non-controlling interests       (8)   (8)
Acquisition of non-controlling interests   5.2    (99)   (4)
Other cash flows from financing activities       (9)   (16)
Cash flow used in financing activities       (1,657)   (1,269)
Net increase in cash and cash equivalents       179   7
Cash and cash equivalents at 1 January       329   324
Foreign currency translation adjustments in respect of cash and cash equivalents       17   (2)
Cash and cash equivalents at 31 December       525   329