Menu

2nd Interim Report 2018
2nd Interim Report 2018
Open report

Language

Leave

Report switcher allows selecting another report from a different reporting period

2nd Interim Report 2018
  • 3rd Interim Report 2023
  • 2nd Interim Report 2023
  • 1st Interim Report 2023
  • Annual Report 2022
  • 3rd Interim Report 2022
  • 2nd Interim Report 2022
  • 1st Interim Report 2022
  • Annual Report 2021
  • 3rd Interim Report 2021
  • 2nd Interim Report 2021
  • 1st Interim Report 2021
  • Annual Report 2020
  • 3rd Interim Report 2020
  • 2nd Interim Report 2020
  • 1st Interim Report 2020
  • Annual Report 2019
  • 3rd Interim Report 2019
  • 2nd Interim Report 2019
  • 1st Interim Report 2019
  • Annual Report 2018
  • 3rd Interim Report 2018
  • 2nd Interim Report 2018
  • 1st Interim Report 2018
  • Annual Report 2017
  • 3rd Interim Report 2017
  • 2nd Interim Report 2017
  • 1st Interim Report 2017
  • Index
  • Search

Table of contents for the 2nd Interim Report 2018 report

2nd Interim Report 2018
KPIsFinancial review
SummarySegment resultsDepreciation and amortisation, non operating resultsCash flowsBalance sheetOutlook
Consolidated interim financial statements
Consolidated statement of comprehensive income (unaudited)Consolidated balance sheet (unaudited)Consolidated statement of cash flows (unaudited)Consolidated statement of changes in equity (unaudited)
Notes to the interim financial statements
About this report1 Changes in accounting principles2 Segment information3 Operating costs4 Dividends5 Financial instruments and net debt6 Financial result7 Operating net working capital8 Provisions and contingent liabilities9 Events after the balance sheet date
Further information
Share informationQuarterly review 2017 and 2018Forward looking statements
We found 0 search results

No search results. Please enter a different search term.

KPIs


In CHF million, except where indicated
   
  1st half-year
2018
  1st half-year
2017
 
Change
                 
Revenue and results
Net revenue 1       5,805   5,690   2.0%
Operating income before depreciation and amortisation (EBITDA) 1, 2       2,143   2,260   –5.2%
EBITDA as % of net revenue   %   36.9   39.7    
Operating income (EBIT) 3       1,063   1,203   –11.6%
Net income       787   839   –6.2%
Earnings per share   CHF   15.25   16.22   –6.0%
     
Balance sheet and cash flows
Equity at end of period       7,685   6,531   17.7%
Equity ratio at end of period 4   %   34.4   30.3    
Operating free cash flow 5       751   1,012   –25.8%
Capital expenditure in property, plant and equipment and intangible assets       1,069   1,057   1.1%
Net debt at end of period 6       8,146   8,441   –3.5%
     
Operational data at end of period
Fixed telephony access lines in Switzerland   in thousand   1,906   2,208   –13.7%
Broadband access lines retail in Switzerland   in thousand   2,028   1,989   2.0%
Swisscom TV access lines in Switzerland   in thousand   1,501   1,447   3.7%
Mobile access lines in Switzerland   in thousand   6,615   6,593   0.3%
Revenue generating units (RGU) in Switzerland 7   in thousand   12,050   12,237   –1.5%
Unbundled fixed access lines in Switzerland   in thousand   95   116   –18.1%
Broadband access lines wholesale in Switzerland   in thousand   462   402   14.9%
Broadband access lines in Italy   in thousand   2,500   2,411   3.7%
Mobile acces lines in Italy   in thousand   1,280   880   45.5%
       
Swisscom share
Number of shares issued at end of period   in thousand   51,802   51,802   –
Market capitalisation at end of period 8       22,959   23,969   –4.2%
Closing price at end of period   CHF   443.20   462.70   –4.2%
                 
Employees
Full-time equivalent employees at end of period   number   19,895   20,775   –4.2%
Average number of full-time equivalent employees   number   20,284   21,005   –3.4%
1 Since 1 January 2018, Swisscom has applied IFRS 15 “Revenue from Contracts with Customers”. The prior year’s figures have not been adjusted. Without the application of IFRS 15, net revenue would have been CHF 2 million higher and EBITDA would have been CHF 33 million higher in the first half year of 2018.
2 Definition operating income before depreciation and amortization (EBITDA): operating income before depreciation and amortization, gain on sale of subsidiaries, net financial result, share of results of equity-accounted investees and income tax expense.
3 Definition operating income (EBIT): operating income before gain on sale of subsidiaries, net financial result, share of results of equity-accounted investees and income tax expense.
4 Equity as a percentage of total assets.
5 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 intangible assets and dividends paid to non-controlling interests.
6 Definition net debt: financial liabilities less cash and cash equivalents, current financial assets as well as non-current fixed interest-bearing certificates of deposit and derivative financial instruments for financing received.
7 Definition revenue generating units (RGU) in Switzerland: fixed telephony access lines, broadband access lines retail, Swisscom TV access lines and mobile access lines.
8 Closing price at end of period, multiplied by number of shares outstanding at end of period.