Reconciliation of alternative performance measures
In CHF million |
1.1.–30.6.2021 |
1.1.–30.6.2020 |
Change reported |
Change at constant exchange rates |
||||
|---|---|---|---|---|---|---|---|---|
| Net revenue | ||||||||
| Net revenue | 5,583 | 5,443 | 2.6% | 2.0% | ||||
| Operating income before depreciation and amortisation (EBITDA) | ||||||||
| EBITDA | 2,317 | 2,208 | 4.9% | 4.4% | ||||
| Gain from change in pension plan | (60) | – | ||||||
| Additions to provisions for legal proceedings in Switzerland | 22 | – | ||||||
| EBITDA adjusted | 2,279 | 2,208 | 3.2% | 2.7% | ||||
| Capital expenditure | ||||||||
| Capital expenditure in property, plant and equipment and intangible assets | 1,078 | 1,069 | 0.8% | 0.1% | ||||
| Payments for indefeasible rights of use (IRU) | 5 | 6 | –16.7% | |||||
| Capital expenditure | 1,083 | 1,075 | 0.7% | –% |
| In CHF million | 1.1.–30.6.2021 | 1.1.–30.6.2020 | Change reported | |||
|---|---|---|---|---|---|---|
| Operating free cash flow proxy | ||||||
| Cash flow from operating activities | 1,831 | 1,950 | (119) | |||
| Capital expenditure | (1,083) | (1,075) | (8) | |||
| Depreciation of right-of-use assets | (141) | (147) | 6 | |||
| Depreciation of indefeasible rights of use (IRU) | 12 | 12 | – | |||
| Impairment losses of right-of-use assets | – | 7 | (7) | |||
| Change in deferred gain from the sale and leaseback of real estate | 8 | 6 | 2 | |||
| Change in operating assets and liabilities | 121 | 71 | 50 | |||
| Change in provisions | 2 | 10 | (8) | |||
| Change in net defined benefit liabilities | 36 | (29) | 65 | |||
| Gain on sale of property, plant and equipment | 3 | – | 3 | |||
| Expense for share-based payments | (1) | (1) | – | |||
| Revenue from finance leases | 51 | 27 | 24 | |||
| Interest received | (2) | (9) | 7 | |||
| Interest payments on financial liabilities | 18 | 20 | (2) | |||
| Dividends received | (1) | (15) | 14 | |||
| Income taxes paid | 229 | 156 | 73 | |||
| Operating free cash flow proxy | 1,083 | 983 | 100 | |||
| Free cash flow | ||||||
| Cash flow from operating activities | 1,831 | 1,950 | (119) | |||
| Cash flow used in investing activities | (836) | (1,066) | 230 | |||
| Repayment of lease liabilities | (152) | (151) | (1) | |||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | 25 | 16 | 9 | |||
| Proceeds from equity-accounted investees | (134) | – | (134) | |||
| Expenses for shareholdings accounted for using the equity method | 1 | 9 | (8) | |||
| Purchase of other financial assets | 11 | 18 | (7) | |||
| Proceeds from other financial assets | (101) | (12) | (89) | |||
| Other cash flows from investing and financing activities | 1 | (3) | 4 | |||
| Free cash flow | 646 | 761 | (115) |