Reconciliation of alternative performance measures
In CHF million |
1.01.–31.03.2022 |
1.01.–31.03.2021 |
Change reported |
Change at constant exchange rates |
||||
|---|---|---|---|---|---|---|---|---|
| Net revenue | ||||||||
| Net revenue | 2,768 | 2,803 | –1.2% | –% | ||||
| Operating income before depreciation and amortisation (EBITDA) | ||||||||
| EBITDA | 1,137 | 1,124 | 1.2% | 2.0% | ||||
| Capital expenditure | ||||||||
| Capital expenditure in property, plant and equipment and intangible assets | 519 | 535 | –3.0% | –1.3% | ||||
| Payments for indefeasible rights of use (IRU) | 3 | 5 | –40.0% | |||||
| Capital expenditure | 522 | 540 | –3.3% | –1.7% |
In CHF million |
1.01.–31.03.2022 |
1.01.–31.03.2021 |
Change reported |
|||
|---|---|---|---|---|---|---|
| Operating free cash flow proxy | ||||||
| Cash flow from operating activities | 667 | 899 | (232) | |||
| Capital expenditure | (522) | (540) | 18 | |||
| Depreciation of right-of-use assets | (66) | (70) | 4 | |||
| Depreciation of indefeasible rights of use (IRU) | 5 | 6 | (1) | |||
| Proceeds from finance lease receivables | (7) | (21) | 14 | |||
| Change in deferred gain from the sale and leaseback of real estate | 1 | 7 | (6) | |||
| Change in operating assets and liabilities | 244 | 13 | 231 | |||
| Change in provisions | 19 | 1 | 18 | |||
| Change in defined benefit obligations | (16) | (12) | (4) | |||
| Gain on sale of property, plant and equipment | – | 3 | (3) | |||
| Revenue from finance leases | 18 | 12 | 6 | |||
| Interest received | (1) | – | (1) | |||
| Interest payments for financial liabilities | 12 | 13 | (1) | |||
| Income taxes paid | 189 | 198 | (9) | |||
| Operating free cash flow proxy | 543 | 509 | 34 | |||
| Free cash flow | ||||||
| Cash flow from operating activities | 667 | 899 | (232) | |||
| Cash flow used in investing activities | (615) | (425) | (190) | |||
| Repayment of lease liabilities | (86) | (93) | 7 | |||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | 62 | 10 | 52 | |||
| Proceeds from equity-accounted investees | – | (126) | 126 | |||
| Expenditure for equity-accounted investees | 1 | 1 | – | |||
| Purchase of other financial assets | 36 | 6 | 30 | |||
| Proceeds from other financial assets | (3) | – | (3) | |||
| Other cash flows from financing activities | 1 | (2) | 3 | |||
| Free cash flow | 63 | 270 | (207) |