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Consolidated statement of cash flows (unaudited)


In CHF million
 
Note
  1.01.–30.09.
2021
  1.01.–30.09.
2020
Net income       1,536   1,166
Income tax expense       237   248
Result of equity-accounted investees       5   (4)
Financial income   6    (267)   (43)
Financial expense   6    129   156
Depreciation and amortisation of property, plant and equipment and intangible assets       1,614   1,616
Depreciation of right-of-use assets       211   217
Gain on sale of property, plant and equipment       (5)   (8)
Expense for share-based payments       1   1
Revenue from finance leases       (71)   (49)
Change in deferred gain from the sale and leaseback of real estate       (9)   (9)
Change in operating assets and liabilities   7    (92)   (26)
Change in provisions       12   (27)
Change in net defined benefit liabilities       (22)   46
Interest received       12   23
Interest payments on financial liabilities       (68)   (82)
Interest payments on lease liabilities       (33)   (34)
Dividends received       1   15
Income taxes paid       (283)   (174)
Cash flow from operating activities       2,908   3,032
Purchase of property, plant and equipment and intangible assets       (1,594)   (1,621)
Sale of property, plant and equipment and intangible assets       10   13
Acquisition of subsidiaries, net of cash and cash equivalents acquired       (25)   (30)
Expenses for shareholdings accounted for using the equity method       (1)   (15)
Proceeds from equity-accounted investees       135  
Proceeds from finance leases       71   56
Purchase of other financial assets       (13)   (122)
Proceeds from other financial assets       112   13
Other cash flows from investing activities       (11)  
Cash flow used in investing activities       (1,316)   (1,706)
Issuance of financial liabilities   5    324   781
Repayment of financial liabilities   5    (631)   (832)
Repayment of lease liabilities       (208)   (207)
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       (12)   (8)
Cash flow used in financing activities       (1,668)   (1,407)
Net decrease in cash and cash equivalents       (76)   (81)
Cash and cash equivalents at 1 January       340   328
Foreign currency translation adjustments in respect of cash and cash equivalents       1  
Cash and cash equivalents at the end of period       265   247