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In CHF million, except where indicated       31.03.2020   31.03.2019   Change
                 
Net revenue and results 1
Net revenue       2,737   2,860   –4.3%
Operating income before depreciation and amortisation (EBITDA)       1,111   1,119   –0.7%
EBITDA as % of net revenue   %   40.6   39.1    
EBITDA after lease expense (EBITDA AL)       1,036   1,051   –1.4%
Operating income (EBIT)       504   505   –0.2%
Net income       394   383   2.9%
Earnings per share   CHF   7.63   7.43   2.7%
     
Balance sheet and cash flows 1
Equity       9,056   8,390   7.9%
Equity ratio   %   35.6   34.8    
Operating free cash flow proxy       520   533   –2.4%
Capital expenditure       516   518   –0.4%
Net debt       6,552   6,736   –2.7%
     
Operational data
Fixed telephony access lines in Switzerland   in thousand   1,582   1,737   –8.9%
Broadband access lines retail in Switzerland   in thousand   2,053   2,057   –0.2%
Swisscom TV access lines in Switzerland   in thousand   1,555   1,523   2.1%
Mobile access lines in Switzerland   in thousand   6,299   6,378   –1.2%
Revenue generating units (RGU) Switzerland   in thousand   11,489   11,695   –1.8%
Broadband access lines wholesale in Switzerland   in thousand   525   492   6.7%
Broadband access lines in Italy   in thousand   2,659   2,575   3.3%
Mobile access lines in Italy   in thousand   1,779   1,440   23.5%
       
Swisscom share
Number of issued shares   in thousand   51,802   51,802  
Market capitalisation       26,947   25,228   6.8%
Closing price   CHF   520.20   487.00   6.8%
                 
Employees
Full-time equivalent employees   number   19,110   19,719   –3.1%
Average number of full-time equivalent employees   number   19,182   19,715   –2.7%
1 Swisscom uses various alternative performance measures. The definitions and the reconciliation to the values in accordance with IFRS are set out in the interim report on pages 24 and 25.