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In CHF million, except where indicated       30.06.2020   30.06.2019   Change
                 
Net revenue and results 1
Net revenue       5,443   5,663   –3.9%
Operating income before depreciation and amortisation (EBITDA)       2,208   2,240   –1.4%
EBITDA as % of net revenue   %   40.6   39.6    
EBITDA after lease expense (EBITDA AL)       2,058   2,103   –2.1%
Operating income (EBIT)       983   1,007   –2.4%
Net income       736   780   –5.6%
Earnings per share   CHF   14.25   15.10   –5.6%
     
Balance sheet and cash flows 1
Equity       8,238   7,890   4.4%
Equity ratio   %   34.3   32.6    
Operating free cash flow proxy       983   806   22.0%
Capital expenditure       1,075   1,297   –17.1%
Net debt       7,171   7,787   –7.9%
     
Operational data
Fixed telephony access lines in Switzerland   in thousand   1,564   1,683   –7.1%
Broadband access lines retail in Switzerland   in thousand   2,048   2,050   –0.1%
Swisscom TV access lines in Switzerland   in thousand   1,551   1,529   1.4%
Mobile access lines in Switzerland   in thousand   6,264   6,368   –1.6%
Revenue generating units (RGU) Switzerland   in thousand   11,427   11,630   –1.7%
Broadband access lines wholesale in Switzerland   in thousand   533   502   6.2%
Broadband access lines in Italy   in thousand   2,692   2,600   3.5%
Mobile access lines in Italy   in thousand   1,830   1,549   18.1%
       
Swisscom share
Number of issued shares   in thousand   51,802   51,802   –%
Market capitalisation       25,689   25,388   1.2%
Closing price   CHF   495.90   490.10   1.2%
                 
Employees
Full-time equivalent employees at end of year   number   18,984   19,564   –3.0%
Average number of full-time equivalent employees   number   19,112   19,667   –2.8%
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 25 and 26.