Consolidated statement of comprehensive income (unaudited)

In CHF million, except for per share amounts	Note	1.1.–31.3.2018	1.1.–31.3.2017

Income statement
Net revenue	2	2,885	2,831
Direct costs	3	(704)	(606)
Personnel expense	3	(723)	(753)
Other operating expense	3	(503)	(490)
Capitalised self-constructed assets and other income	3	103	91
Operating income before depreciation, amortisation and impairment losses		1,058	1,073
Depreciation, amortisation and impairment losses		(540)	(523)
Operating income		518	550
Financial income	6	17	5
Financial expense	6	(58)	(54)
Result of equity-accounted investees		(2)	(1)
Income before income taxes		475	500
Income tax expense		(96)	(127)
Net income		379	373


Other comprehensive income
Actuarial gains and losses from defined benefit pension plans		58	41
Change in fair value of equity instruments		3	–
Items that will not be reclassified to income statement		61	41
Foreign currency translation adjustments of foreign subsidiaries		13	(5)
Change in available-for-sale financial assets		–	2
Change in cash flow hedges		12	(4)
Other comprehensive income from equity-accounted investees		1	–
Items that will be reclassified subsequently to income statement		26	(7)
Other comprehensive income		87	34


Comprehensive income
Net income		379	373
Other comprehensive income		87	34
Comprehensive income		466	407


Share of net income and comprehensive income
Equity holders of Swisscom Ltd		381	373
Non-controlling interests		(2)	–
Net income		379	373

Equity holders of Swisscom Ltd		468	407
Non-controlling interests		(2)	–
Comprehensive income		466	407


Earnings per share
Basic and diluted earnings per share (in CHF)		7.36	7.20