Consolidated statement of cash flows (unaudited)
In CHF million |
Note |
1.1.–30.9. 2022 |
1.1.–30.9. 2021 |
|||
|---|---|---|---|---|---|---|
| Net income | 1,214 | 1,536 | ||||
| Income tax expense | 294 | 237 | ||||
| Result of equity-accounted investees | 2 | 5 | ||||
| Financial income | 6 | (72) | (267) | |||
| Financial expense | 6 | 119 | 129 | |||
| Depreciation and amortisation of property, plant and equipment and intangible assets | 1,583 | 1,614 | ||||
| Depreciation of right-of-use assets | 201 | 211 | ||||
| Gain on sale of property, plant and equipment | (6) | (5) | ||||
| Loss on disposal of property, plant and equipment | 3 | – | ||||
| Expense for share-based payments | 1 | 1 | ||||
| Revenue from finance leases | (64) | (71) | ||||
| Receivables from finance leases | 56 | 71 | ||||
| Change in deferred gain from the sale and leaseback of real estate | (7) | (9) | ||||
| Change in operating assets and liabilities | 7 | (135) | (92) | |||
| Change in provisions | (25) | 12 | ||||
| Change in defined benefit obligations | 41 | (22) | ||||
| Interest received | 1 | 12 | ||||
| Interest payments on financial liabilities | (48) | (68) | ||||
| Interest payments on lease liabilities | (33) | (33) | ||||
| Dividends received | 1 | 1 | ||||
| Income taxes paid | (352) | (283) | ||||
| Cash flow from operating activities | 2,774 | 2,979 | ||||
| Purchase of property, plant and equipment and intangible assets | (1,591) | (1,594) | ||||
| Sale of property, plant and equipment and intangible assets | 9 | 10 | ||||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | (64) | (25) | ||||
| Expenses for shareholdings accounted for using the equity method | (1) | (1) | ||||
| Proceeds from sale of equity-accounted investees | – | 135 | ||||
| Purchase of other financial assets | (154) | (13) | ||||
| Proceeds from other financial assets | 53 | 112 | ||||
| Other cash flows from investing activities | (20) | (11) | ||||
| Cash flow used in investing activities | (1,768) | (1,387) | ||||
| Issuance of financial liabilities | 5 | 608 | 324 | |||
| Repayment of financial liabilities | 5 | (532) | (631) | |||
| Repayment of lease liabilities | (192) | (208) | ||||
| Dividends paid to equity holders of Swisscom Ltd | (1,140) | (1,140) | ||||
| Dividends paid to non-controlling interests | (2) | (1) | ||||
| Acquisition of non-controlling interests | (13) | – | ||||
| Other cash flows from financing activities | 36 | (12) | ||||
| Cash flow used in financing activities | (1,235) | (1,668) | ||||
| Net decrease in cash and cash equivalents | (229) | (76) | ||||
| Cash and cash equivalents at 1 January | 401 | 340 | ||||
| Foreign currency translation adjustments in respect of cash and cash equivalents | (14) | 1 | ||||
| Cash and cash equivalents at the end of period | 158 | 265 |