Consolidated statement of cash flows (unaudited)
In CHF million |
Note |
1.01.–30.09. 2023 |
1.01.–30.09. 2022 |
|||
|---|---|---|---|---|---|---|
| Net income | 1,310 | 1,214 | ||||
| Income tax expense | 311 | 294 | ||||
| Result of equity-accounted investees | – | 2 | ||||
| Financial income | 6 | (25) | (72) | |||
| Financial expense | 6 | 118 | 119 | |||
| Depreciation and amortisation of property, plant and equipment and intangible assets | 1,566 | 1,583 | ||||
| Depreciation of right-of-use assets | 197 | 201 | ||||
| Gain on sale of property, plant and equipment | (5) | (6) | ||||
| Loss on sale of property, plant and equipment | 1 | 3 | ||||
| Expense for share-based payments | 1 | 1 | ||||
| Revenue from finance leases | (62) | (64) | ||||
| Proceeds from finance leases | 80 | 56 | ||||
| Change in deferred gain from the sale and leaseback of real estate | (3) | (7) | ||||
| Change in operating assets and liabilities | 7 | (195) | (135) | |||
| Change in provisions | (44) | (25) | ||||
| Change in defined benefit obligations | (25) | 41 | ||||
| Interest received | 5 | 1 | ||||
| Interest payments on financial liabilities | (61) | (48) | ||||
| Interest payments on lease liabilities | (34) | (33) | ||||
| Dividends received | 9 | 1 | ||||
| Income taxes paid | (271) | (352) | ||||
| Cash flow from operating activities | 2,873 | 2,774 | ||||
| Purchase of property, plant and equipment and intangible assets | (1,615) | (1,591) | ||||
| Sale of property, plant and equipment and intangible assets | 8 | 9 | ||||
| Acquisition of subsidiaries, net of cash and cash equivalents acquired | (62) | (64) | ||||
| Proceeds from sale of subsidiaries, net of cash and cash equivalents acquired | 3 | – | ||||
| Expenses for shareholdings accounted for using the equity method | (1) | (1) | ||||
| Purchase of other financial assets | (19) | (154) | ||||
| Proceeds from other financial assets | 17 | 53 | ||||
| Other cash flows from investing activities | (10) | (20) | ||||
| Cash flow used in investing activities | (1,679) | (1,768) | ||||
| Issuance of financial liabilities | 5 | 635 | 608 | |||
| Repayment of financial liabilities | 5 | (445) | (532) | |||
| Repayment of lease liabilities | (217) | (192) | ||||
| Dividends paid to equity holders of Swisscom Ltd | (1,140) | (1,140) | ||||
| Dividends paid to non-controlling interests | (1) | (2) | ||||
| Acquisition of non-controlling interests | – | (13) | ||||
| Other cash flows from financing activities | (17) | 36 | ||||
| Cash flow used in financing activities | (1,185) | (1,235) | ||||
| Net increase (net decrease) in cash and cash equivalents | 9 | (229) | ||||
| Cash and cash equivalents at 1 January | 121 | 401 | ||||
| Foreign currency translation adjustments in respect of cash and cash equivalents | (3) | (14) | ||||
| Cash and cash equivalents at the end of period | 127 | 158 |