Consolidated statement of comprehensive income

In CHF million, except for per share amounts	Note	2021	2020

Income statement
Net revenue	1.1	11,183	11,100
Direct costs	1.2	(2,779)	(2,669)
Personnel expense	1.2, 4.1	(2,667)	(2,717)
Other operating expense	1.2	(1,857)	(1,798)
Capitalised self-constructed assets and other income	1.2	598	466
Operating income before depreciation and amortisation		4,478	4,382
Depreciation and amortisation of property, plant and equipment and intangible assets	3.2, 3.3	(2,131)	(2,149)
Depreciation of right-of-use assets	2.3	(281)	(286)
Operating income		2,066	1,947
Financial income	2.4	269	41
Financial expense	2.4	(173)	(193)
Result of equity-accounted investees	5.3	(10)	4
Income before income taxes		2,152	1,799
Income tax expense	6.1	(319)	(271)
Net income		1,833	1,528


Other comprehensive income
Actuarial gains and losses from defined benefit pension plans	2.1	638	261
Change in fair value of equity instruments	2.1	71	(9)
Items that will not be reclassified to income statement		709	252
Foreign currency translation adjustments of foreign subsidiaries	2.1	(75)	(5)
Change in cash flow hedges	2.1	(6)	(3)
Other comprehensive income from equity-accounted investees	2.1	2	(5)
Items that may be reclassified to income statement		(79)	(13)
Other comprehensive income		630	239


Comprehensive income
Net income		1,833	1,528
Other comprehensive income		630	239
Comprehensive income		2,463	1,767


Share of net income and comprehensive income
Equity holders of Swisscom Ltd		1,832	1,530
Non-controlling interests		1	(2)
Net income		1,833	1,528

Equity holders of Swisscom Ltd		2,462	1,769
Non-controlling interests		1	(2)
Comprehensive income		2,463	1,767


Earnings per share
Basic and diluted earnings per share (in CHF)	2.1	35.37	29.54

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Con­sol­i­dated statement of com­pre­hen­sive income

Consolidated statement of comprehensive income