Reconciliation of alternative performance measures
In CHF million |
1.01.–30.09.2023 |
1.01.–30.09.2022 |
Change reported |
Change at constant exchange rates |
||||
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 8,202 | 8,179 | 0.3% | 0.9% | ||||
| Operating income before depreciation and amortisation (EBITDA) | ||||||||
| EBITDA | 3,477 | 3,341 | 4.1% | 4.6% | ||||
| (Release) additions of provisions for legal proceedings in Switzerland | (10) | 82 | – | |||||
| Additions of provisions for legal proceedings in Italy | 13 | – | – | |||||
| EBITDA adjusted | 3,480 | 3,423 | 1.7% | 2.2% | ||||
| Capital expenditure | ||||||||
| Capital expenditure in property, plant and equipment and intangible assets | 1,615 | 1,591 | 1.5% | 2.3% | ||||
| Payments for indefeasible rights of use (IRU) | 15 | 10 | 50.0% | |||||
| Capital expenditure | 1,630 | 1,601 | 1.8% | 2.6% |
In CHF million |
1.01.–30.09.2023 |
1.01.–30.09.2022 |
Change reported |
|||
|---|---|---|---|---|---|---|
| Operating free cash flow proxy | ||||||
| Cash flow from operating activities | 2,873 | 2,774 | 99 | |||
| Capital expenditure | (1,630) | (1,601) | (29) | |||
| Depreciation of right-of-use assets | (197) | (201) | 4 | |||
| Depreciation of indefeasible rights of use (IRU) | 14 | 15 | (1) | |||
| Change in deferred gain from the sale and leaseback of real estate | 3 | 7 | (4) | |||
| Change in operating assets and liabilities | 195 | 135 | 60 | |||
| Change in provisions | 44 | 25 | 19 | |||
| Change in defined benefit obligations | 25 | (41) | 66 | |||
| Gain on sale of property, plant and equipment | 5 | 6 | (1) | |||
| Loss on sale of property, plant and equipment | (1) | (3) | 2 | |||
| Expense for share-based payments | (1) | (1) | – | |||
| Revenue from finance leases | 62 | 64 | (2) | |||
| Proceeds from finance leases | (80) | (56) | (24) | |||
| Interest received | (5) | (1) | (4) | |||
| Interest payments on financial liabilities | 61 | 48 | 13 | |||
| Dividends received | (9) | (1) | (8) | |||
| Income taxes paid | 271 | 352 | (81) | |||
| Operating free cash flow proxy | 1,630 | 1,521 | 109 | |||
| Free cash flow | ||||||
| Cash flow from operating activities | 2,873 | 2,774 | 99 | |||
| Cash flow used in investing activities | (1,679) | (1,768) | 89 | |||
| Repayment of lease liabilities | (217) | (192) | (25) | |||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | 62 | 64 | (2) | |||
| Proceeds from sale of equity-accounted investees | (3) | – | (3) | |||
| Expenses for shareholdings accounted for using the equity method | 1 | 1 | – | |||
| Purchase of other financial assets | 19 | 154 | (135) | |||
| Proceeds from other financial assets | (19) | (53) | 34 | |||
| Free cash flow | 1,037 | 980 | 57 |