Consolidated statement of cash flows (unaudited)
In CHF million |
Note |
1.1.–30.9. 2020 |
1.1.–30.9. 2019 |
|||
|---|---|---|---|---|---|---|
| Net income | 1,166 | 1,181 | ||||
| Income tax expense | 248 | 230 | ||||
| Result of equity-accounted investees | (4) | (1) | ||||
| Financial income | 6 | (43) | (25) | |||
| Financial expense | 6 | 156 | 144 | |||
| Depreciation and amortisation of property, plant and equipment and intangible assets | 1,616 | 1,626 | ||||
| Depreciation of right-of-use assets | 217 | 205 | ||||
| Gain on sale of property, plant and equipment | (8) | (12) | ||||
| Revenue from finance leases | (49) | – | ||||
| Change in deferred gain from the sale and leaseback of real estate | (9) | (9) | ||||
| Change in operating assets and liabilities | 7 | (26) | (38) | |||
| Expense for share-based payments | 1 | 1 | ||||
| Change in provisions | (27) | (5) | ||||
| Change in defined benefit obligations | 46 | 42 | ||||
| Interest received | 23 | 24 | ||||
| Interest payments on financial liabilities | (82) | (78) | ||||
| Interest payments on lease liabilities | (34) | (24) | ||||
| Dividends received | 15 | 18 | ||||
| Income taxes paid | (174) | (347) | ||||
| Cash flow from operating activities | 3,032 | 2,932 | ||||
| Purchase of property, plant and equipment and intangible assets | (1,621) | (1,791) | ||||
| Sale of property, plant and equipment and intangible assets | 13 | 21 | ||||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | (30) | (385) | ||||
| Sale of subsidiaries, net of cash and cash equivalents sold | – | 1 | ||||
| Expenses for shareholdings accounted for using the equity method | (15) | (13) | ||||
| Purchase of other financial assets | (122) | (53) | ||||
| Proceeds from other financial assets | 69 | 30 | ||||
| Cash flow used in investing activities | (1,706) | (2,190) | ||||
| Issuance of financial liabilities | 5 | 781 | 529 | |||
| Repayment of financial liabilities | 5 | (832) | (68) | |||
| Repayment of lease liabilities | (207) | (228) | ||||
| Dividends paid to equity holders of Swisscom Ltd | (1,140) | (1,140) | ||||
| Dividends paid to non-controlling interests | (1) | (1) | ||||
| Other cash flows from financing activities | (8) | (14) | ||||
| Cash flow used in financing activities | (1,407) | (922) | ||||
| Net decrease in cash and cash equivalents | (81) | (180) | ||||
| Cash and cash equivalents at 1 January | 328 | 474 | ||||
| Foreign currency translation adjustments in respect of cash and cash equivalents | – | (2) | ||||
| Cash and cash equivalents at the end of period | 247 | 292 |