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Consolidated statement of comprehensive income (unaudited)


In CHF million, except for per share amounts
 
Note
  2. quarter
2020
  2. quarter
2019
  1st half-year
2020
  1st half-year
2019
                     
Income statement                    
Net revenue   2    2,706   2,803   5,443   5,663
Direct costs   3    (624)   (656)   (1,250)   (1,339)
Personnel expense   3    (679)   (687)   (1,379)   (1,411)
Other operating expense   3    (416)   (500)   (823)   (948)
Capitalised self-constructed assets and other income   3    110   161   217   275
Operating income before depreciation and amortisation       1,097   1,121   2,208   2,240
Depreciation and amortisation of property, plant and equipment and intangible assets       (541)   (550)   (1,078)   (1,097)
Depreciation of right-of-use assets       (77)   (69)   (147)   (136)
Operating income       479   502   983   1,007
Financial income   6    3   1   10   27
Financial expense   6    (70)   (52)   (114)   (98)
Result of equity-accounted investees       2     3   2
Income before income taxes       414   451   882   938
Income tax expense       (72)   (54)   (146)   (158)
Net income       342   397   736   780
       
               
Other comprehensive income              
Actuarial gains and losses from defined benefit pension plans       (26)   251   (190)   43
Change in fair value of equity instruments       3   (1)   (4)  
Items that will not be reclassified to income statement       (23)   250   (194)   43
Foreign currency translation adjustments of foreign subsidiaries       8   (9)   (27)   (20)
Change in cash flow hedges       (7)   (1)   (10)   3
Items that are or may be reclassified subsequently to income statement       1   (10)   (37)   (17)
Other comprehensive income       (22)   240   (231)   26
       
               
Comprehensive income              
Net income       342   397   736   780
Other comprehensive income       (22)   240   (231)   26
Comprehensive income       320   637   505   806
       
               
Share of net income and comprehensive income              
Equity holders of Swisscom Ltd       343   397   738   782
Non-controlling interests       (1)     (2)   (2)
Net income       342   397   736   780
               
               
Equity holders of Swisscom Ltd       321   638   507   809
Non-controlling interests       (1)   (1)   (2)   (3)
Comprehensive income       320   637   505   806
         
               
Earnings per share                    
Basic and diluted earnings per share (in CHF)       6.62   7.66   14.25   15.10