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In CHF million, except where indicated       31.03.2021   31.03.2020   Change
                 
Net revenue and results 1
Net revenue       2,803   2,737   2.4%
Operating income before depreciation and amortisation (EBITDA)       1,124   1,111   1.2%
EBITDA as % of net revenue   %   40.1   40.6    
EBITDA after lease expense (EBITDA AL)       1,049   1,036   1.3%
Operating income (EBIT)       516   504   2.4%
Net income       638   394   61.9%
Earnings per share   CHF   12.32   7.63   61.5%
     
Balance sheet and cash flows 1
Equity       10,462   9,056   15.5%
Equity ratio   %   41.7   35.6    
Operating free cash flow proxy       509   520   –2.1%
Capital expenditure       540   516   4.7%
Net debt       5,849   6,552   –10.7%
     
Operational data
Fixed telephony access lines in Switzerland   in thousand   1,491   1,582   –5.8%
Broadband access lines retail in Switzerland   in thousand   2,028   2,053   –1.2%
TV access lines in Switzerland   in thousand   1,581   1,586   –0.3%
Mobile access lines in Switzerland   in thousand   6,177   6,299   –1.9%
Revenue generating units (RGU) Switzerland   in thousand   11,277   11,520   –2.1%
Broadband access lines wholesale in Switzerland   in thousand   567   525   8.0%
Broadband access lines in Italy   in thousand   2,765   2,659   4.0%
Mobile access lines in Italy   in thousand   2,066   1,779   16.1%
       
Swisscom share
Number of issued shares   in thousand   51,802   51,802   –%
Market capitalisation       26,264   26,947   –2.5%
Closing price   CHF   507.00   520.20   –2.5%
                 
Employees
Full-time equivalent employees   number   19,077   19,110   –0.2%
Average number of full-time equivalent employees   number   19,070   19,182   –0.6%
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.