Menu

In CHF million, except where indicated       2020   2019   Change
                 
Net revenue and results 1
Net revenue       11,100   11,453   –3.1%
Operating income before de­pre­ci­a­tion and amor­ti­sa­tion (EBITDA)       4,382   4,358   0.6%
EBITDA as % of net revenue   %   39.5   38.1    
EBITDA after lease expense (EBITDA AL)       4,082   4,064   0.4%
Operating income (EBIT)       1,947   1,910   1.9%
Net income       1,528   1,669   –8.4%
Earnings per share   CHF   29.54   32.28   –8.5%
       
                 
Balance sheet and cash flows 1
Equity       9,491   8,875   6.9%
Equity ratio   %   39.1   36.6    
Operating free cash flow proxy       1,853   1,626   14.0%
Capital ex­pen­di­ture       2,229   2,438   –8.6%
Net debt       6,218   6,758   –8.0%
       
                 
Operational data
Fixed tele­phony access lines in Switzer­land   in thousand   1,523   1,594   –4.5%
Broad­band access lines retail in Switzer­land   in thousand   2,043   2,058   –0.7%
TV access lines Switzer­land   in thousand   1,554   1,555   –0.1%
Mobile access lines in Switzer­land   in thousand   6,224   6,333   –1.7%
Revenue generating units (RGU) Switzer­land   in thousand   11,344   11,540   –1.7%
Broad­band access lines wholesale in Switzer­land   in thousand   555   515   7.8%
Broad­band access lines in Italy   in thousand   2,747   2,637   4.2%
Mobile access lines in Italy   in thousand   1,961   1,746   12.3%
       
                 
Swisscom share
Number of issued shares   in thousand   51,802   51,802  
Market capitalisation       24,715   26,554   –6.9%
Closing price at end of period   CHF   477.10   512.60   –6.9%
Closing price highest   CHF   577.80   523.40    
Closing price lowest   CHF   446.70   441.10    
Dividend per share   CHF   22.00 2   22.00  
       
                 
Employees
Full-time equivalent employees   number   19,062   19,317   –1.3%
Average number of full-time equivalent employees   number   19,095   19,561   –2.4%
1 Swisscom uses various alternative per­for­mance mea­sures. The definition and rec­on­cil­i­a­tion of values in accordance with IFRS are set out in the chapter on financial review.
2 In accordance with the proposal of the Board of Directors to the Annual General Meeting.