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1st Interim Report 2022
1st Interim Report 2022
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1st Interim Report 2022
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Table of contents for the 1st Interim Report 2022 report

1st Interim Report 2022
KPIsBusiness performance
SummarySegment resultsDepreciation and amortisation, non operating resultsCash flowsNet asset positionOutlook
Consolidated interim financial statements
Consolidated statement of comprehensive income (unaudited)Consolidated balance sheet (unaudited)Consolidated statement of cash flows (unaudited)Consolidated statement of changes in equity (unaudited)
Notes to the interim financial statements
About this report1 Changes in accounting principles2 Segment information3 Operating costs4 Dividends5 Financial liabilities6 Financial result7 Net current operating assets8 Provisions and contingent liabilities
Alternative performance measures
Reconciliation of alternative performance measures
Further information
Share informationQuarterly review 2021 and 2022Forward looking statements
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8 Provisions and contingent liabilities

Provisions

Provisions changed as follows in the first three months of 2022:


In CHF million
  Dismantlement
and restoration
costs
  Regulatory and
competition law
proceedings
 
Termination
benefits
 

Others
 

Total

In CHF million
Balance at 1 January 2022
   Dismantlement
and restoration
costs
712
   Regulatory and
competition law
proceedings
176
  
Termination
benefits
55
  

Others
206
  

Total
1,149

In CHF million
Additions to provisions
   Dismantlement
and restoration
costs
–
   Regulatory and
competition law
proceedings
1
  
Termination
benefits
–
  

Others
7
  

Total
8

In CHF million
Adjustments recorded under property, plant and equipment
   Dismantlement
and restoration
costs
(104)
   Regulatory and
competition law
proceedings
–
  
Termination
benefits
–
  

Others
–
  

Total
(104)

In CHF million
Present-value adjustments
   Dismantlement
and restoration
costs
2
   Regulatory and
competition law
proceedings
1
  
Termination
benefits
–
  

Others
–
  

Total
3

In CHF million
Release of unused provisions
   Dismantlement
and restoration
costs
–
   Regulatory and
competition law
proceedings
–
  
Termination
benefits
(2)
  

Others
(2)
  

Total
(4)

In CHF million
Use of provisions
   Dismantlement
and restoration
costs
(4)
   Regulatory and
competition law
proceedings
–
  
Termination
benefits
(5)
  

Others
(12)
  

Total
(21)

In CHF million
Balance at 31 March 2022
   Dismantlement
and restoration
costs
606
   Regulatory and
competition law
proceedings
178
  
Termination
benefits
48
  

Others
199
  

Total
1,031

In CHF million
Thereof current provisions
   Dismantlement
and restoration
costs
–
   Regulatory and
competition law
proceedings
–
  
Termination
benefits
39
  

Others
75
  

Total
114

In CHF million
Thereof non-current provisions
   Dismantlement
and restoration
costs
606
   Regulatory and
competition law
proceedings
178
  
Termination
benefits
9
  

Others
124
  

Total
917

Contingent liabilities for regulatory and antitrust proceedings

With regard to the contingent liabilities reported in the 2021 consolidated financial statements in connection with regulatory and antitrust proceedings, Swisscom is of the opinion that an outflow of resources is unlikely and, as before, has therefore not recognised any provisions for this in the consolidated financial statements as at 31 March 2022.