|In CHF million, except where indicated||2020||2019||Change|
|Operating income before depreciation and amortisation (EBITDA)||4,382||4,358||0.6%|
|EBITDA as % of net revenue||39.5||38.1|
|Operating income (EBIT)||1,947||1,910||1.9%|
|Earnings per share (in CHF)||29.54||32.28||–8.5%|
|Operating free cash flow proxy||1,853||1,626||14.0%|
|Full-time equivalent employees||19,062||19,317||–1.3%|
Swisscom expects net revenue of around CHF 11.1 billion, EBITDA of around CHF 4.3 billion and capital expenditure of around CHF 2.3 billion for 2021. Subject to achieving its targets, Swisscom will propose payment of an unchanged, attractive dividend of CHF 22 per share for the 2021 financial year at the 2022 Annual General Meeting.