Reconciliation of alternative performance measures
In CHF million |
1.01.–30.09.2021 |
1.01.–30.09.2020 |
Change reported |
Change at constant exchange rates |
||||
|---|---|---|---|---|---|---|---|---|
| Net revenue | ||||||||
| Net revenue | 8,343 | 8,201 | 1.7% | 1.3% | ||||
| Operating income before depreciation and amortisation (EBITDA) | ||||||||
| EBITDA | 3,465 | 3,356 | 3.2% | 2.9% | ||||
| Gain from change in pension plan | (60) | – | ||||||
| Additions to provisions for legal proceedings in Switzerland | 52 | – | – | |||||
| EBITDA adjusted | 3,457 | 3,356 | 3.0% | 2.7% | ||||
| Capital expenditure | ||||||||
| Capital expenditure in property, plant and equipment and intangible assets | 1,594 | 1,621 | –1.7% | –2.2% | ||||
| Payments for indefeasible rights of use (IRU) | 11 | 11 | –% | |||||
| Capital expenditure | 1,605 | 1,632 | –1.7% | –2.2% |
In CHF million |
1.01.–30.09.2021 |
1.01.–30.09.2020 |
Change reported |
|||
|---|---|---|---|---|---|---|
| Operating free cash flow proxy | ||||||
| Cash flow from operating activities | 2,908 | 3,032 | (124) | |||
| Capital expenditure | (1,605) | (1,632) | 27 | |||
| Depreciation of right-of-use assets | (211) | (217) | 6 | |||
| Depreciation of indefeasible rights of use (IRU) | 18 | 18 | – | |||
| Impairment losses of right-of-use assets | – | 7 | (7) | |||
| Change in deferred gain from the sale and leaseback of real estate | 9 | 9 | – | |||
| Change in operating assets and liabilities | 92 | 26 | 66 | |||
| Change in provisions | (12) | 27 | (39) | |||
| Change in net defined benefit liabilities | 22 | (46) | 68 | |||
| Gain on sale of property, plant and equipment | 5 | 8 | (3) | |||
| Expense for share-based payments | (1) | (1) | – | |||
| Revenue from finance leases | 71 | 49 | 22 | |||
| Interest received | (12) | (23) | 11 | |||
| Interest payments on financial liabilities | 68 | 82 | (14) | |||
| Dividends received | (1) | (15) | 14 | |||
| Income taxes paid | 283 | 174 | 109 | |||
| Operating free cash flow proxy | 1,634 | 1,498 | 136 | |||
| Free cash flow | ||||||
| Cash flow from operating activities | 2,908 | 3,032 | (124) | |||
| Cash flow used in investing activities | (1,316) | (1,706) | 390 | |||
| Repayment of lease liabilities | (208) | (207) | (1) | |||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | 25 | 30 | (5) | |||
| Proceeds from equity-accounted investees | (135) | – | (135) | |||
| Expenses for shareholdings accounted for using the equity method | 1 | 15 | (14) | |||
| Purchase of other financial assets | 13 | 122 | (109) | |||
| Proceeds from other financial assets | (112) | (19) | (93) | |||
| Free cash flow | 1,176 | 1,267 | (91) |