Menu

2nd Interim Report 2024
2nd Interim Report 2024
Open report

Leave

Consolidated balance sheet (unaudited)

In CHF million   Note   30.06.2024   31.12.2023
In CHF million     Note     30.06.2024     31.12.2023 
In CHF millionAssets
In CHF millionCash and cash equivalents    Note     30.06.20244,312    31.12.2023148
In CHF millionTrade receivables    Note7     30.06.20242,131    31.12.20232,143
In CHF millionReceivables from finance leases    Note     30.06.202450    31.12.202346
In CHF millionOther operating assets    Note7     30.06.20241,558    31.12.20231,323
In CHF millionOther financial assets    Note     30.06.2024477    31.12.202350
In CHF millionCurrent income tax assets    Note     30.06.20244    31.12.20231
In CHF millionNon-current assets held for sale    Note     30.06.20247    31.12.20237
In CHF millionTotal current assets    Note     30.06.20248,539    31.12.20233,718
In CHF millionProperty, plant and equipment    Note     30.06.202411,275    31.12.202311,059
In CHF millionIntangible assets    Note     30.06.20241,742    31.12.20231,737
In CHF millionGoodwill    Note     30.06.20245,195    31.12.20235,172
In CHF millionRight-of-use assets    Note     30.06.20241,982    31.12.20231,972
In CHF millionEquity-accounted investees    Note     30.06.202425    31.12.202327
In CHF millionReceivables from finance leases    Note     30.06.202486    31.12.202384
In CHF millionOther financial assets    Note     30.06.2024528    31.12.2023745
In CHF millionNet defined benefit assets    Note     30.06.202411    31.12.202311
In CHF millionDeferred tax assets    Note     30.06.2024208    31.12.2023225
In CHF millionTotal non-current assets    Note     30.06.202421,052    31.12.202321,032
In CHF millionTotal assets    Note     30.06.202429,591    31.12.202324,750
In CHF million   Note   30.06.2024    31.12.2023
In CHF million    Note   30.06.2024    31.12.2023
In CHF millionLiabilities and equity
In CHF millionFinancial liabilities    Note5     30.06.2024711    31.12.2023718
In CHF millionLease liabilities    Note     30.06.2024226    31.12.2023227
In CHF millionTrade payables    Note7     30.06.20241,509    31.12.20231,611
In CHF millionOther operating liabilities    Note7     30.06.20241,449    31.12.20231,471
In CHF millionProvisions    Note8     30.06.2024107    31.12.2023115
In CHF millionCurrent income tax liabilities    Note     30.06.2024185    31.12.2023203
In CHF millionTotal current liabilities    Note     30.06.20244,187    31.12.20234,345
In CHF millionFinancial liabilities    Note5     30.06.202410,004    31.12.20234,947
In CHF millionLease liabilities    Note     30.06.20241,674    31.12.20231,688
In CHF millionNet defined benefit liabilities    Note     30.06.202420    31.12.202321
In CHF millionProvisions    Note8     30.06.20241,138    31.12.20231,148
In CHF millionDeferred gain on sale and leaseback of real estate    Note     30.06.202479    31.12.202381
In CHF millionDeferred tax liabilities    Note     30.06.2024910    31.12.2023898
In CHF millionTotal non-current liabilities    Note     30.06.202413,825    31.12.20238,783
In CHF millionTotal liabilities    Note     30.06.202418,012    31.12.202313,128
In CHF millionShare capital    Note     30.06.202452    31.12.202352
In CHF millionCapital reserves    Note     30.06.2024136    31.12.2023136
In CHF millionRetained earnings    Note     30.06.202413,389    31.12.202313,529
In CHF millionForeign currency translation adjustments    Note     30.06.2024(2,008)    31.12.2023(2,086)
In CHF millionHedge reserves    Note     30.06.20247    31.12.2023(12)
In CHF millionEquity attributable to equity-holders of Swisscom Ltd    Note     30.06.202411,576    31.12.202311,619
In CHF millionNon-controlling interests    Note     30.06.20243    31.12.20233
In CHF millionTotal equity    Note     30.06.202411,579    31.12.202311,622
In CHF millionTotal liabilities and equity    Note     30.06.202429,591    31.12.202324,750

Consolidated statement of cash flows (unaudited)

In CHF million   Note   1.01.–30.06.2024   1.01.–30.06.2023
In CHF millionNet income    Note     1.01.–30.06.2024836    1.01.–30.06.2023848
In CHF millionIncome tax expense    Note     1.01.–30.06.2024188    1.01.–30.06.2023203
In CHF millionResult of equity-accounted investees    Note     1.01.–30.06.20241    1.01.–30.06.2023–
In CHF millionFinancial income    Note6     1.01.–30.06.2024(35)    1.01.–30.06.2023(11)
In CHF millionFinancial expense    Note6     1.01.–30.06.202498    1.01.–30.06.202375
In CHF millionDepreciation and amortisation of property, plant and equipment and intangible assets    Note     1.01.–30.06.2024 1,061    1.01.–30.06.2023 1,056
In CHF millionDepreciation of right-of-use assets    Note     1.01.–30.06.2024130    1.01.–30.06.2023132
In CHF millionGain on sale of property, plant and equipment    Note     1.01.–30.06.2024(4)    1.01.–30.06.2023(4)
In CHF millionLoss on sale of property, plant and equipment    Note     1.01.–30.06.2024–    1.01.–30.06.20231
In CHF millionExpense for share-based payments    Note     1.01.–30.06.20241    1.01.–30.06.20231
In CHF millionRevenue from finance leases    Note     1.01.–30.06.2024(42)    1.01.–30.06.2023(37)
In CHF millionProceeds from finance lease receivables    Note     1.01.–30.06.202438    1.01.–30.06.202374
In CHF millionChange in deferred gain from the sale and leaseback of real estate    Note     1.01.–30.06.2024(2)    1.01.–30.06.2023(2)
In CHF millionChange in operating assets and liabilities    Note7     1.01.–30.06.2024(348)    1.01.–30.06.2023(332)
In CHF millionChange in provisions    Note     1.01.–30.06.2024(36)    1.01.–30.06.2023(12)
In CHF millionChange in net defined benefit liabilities    Note     1.01.–30.06.2024(6)    1.01.–30.06.2023(17)
In CHF millionInterest received    Note     1.01.–30.06.202413    1.01.–30.06.20232
In CHF millionInterest payments on financial liabilities    Note     1.01.–30.06.2024(22)    1.01.–30.06.2023(25)
In CHF millionInterest payments on lease liabilities    Note     1.01.–30.06.2024(24)    1.01.–30.06.2023(21)
In CHF millionDividends received    Note     1.01.–30.06.20241    1.01.–30.06.20231
In CHF millionIncome taxes paid    Note     1.01.–30.06.2024(189)    1.01.–30.06.2023(201)
In CHF millionCash flow from operating activities    Note     1.01.–30.06.20241,659    1.01.–30.06.20231,731
In CHF millionPurchase of property, plant and equipment and intangible assets    Note     1.01.–30.06.2024(1,150)    1.01.–30.06.2023(1,104)
In CHF millionSale of property, plant and equipment and intangible assets    Note     1.01.–30.06.20246    1.01.–30.06.20236
In CHF millionAcquisition of subsidiaries, net of cash and cash equivalents acquired    Note     1.01.–30.06.2024(10)    1.01.–30.06.2023(58)
In CHF millionProceeds from sale of subsidiaries, net of cash and cash equivalents acquired    Note     1.01.–30.06.2024–    1.01.–30.06.20233
In CHF millionExpenditure for equity-accounted investees    Note     1.01.–30.06.2024–    1.01.–30.06.2023(1)
In CHF millionPurchase of other financial assets    Note     1.01.–30.06.2024(4)    1.01.–30.06.2023(13)
In CHF millionProceeds from other financial assets    Note     1.01.–30.06.202412    1.01.–30.06.202316
In CHF millionOther cash flows from investing activities    Note     1.01.–30.06.2024(9)    1.01.–30.06.2023(6)
In CHF millionCash flow used in investing activities    Note     1.01.–30.06.2024(1,155)    1.01.–30.06.2023(1,157)
In CHF millionIssuance of financial liabilities    Note5     1.01.–30.06.20245,075    1.01.–30.06.2023988
In CHF millionRepayment of financial liabilities    Note5     1.01.–30.06.2024(23)    1.01.–30.06.2023(250)
In CHF millionRepayment of lease liabilities    Note     1.01.–30.06.2024(153)    1.01.–30.06.2023(163)
In CHF millionDividends paid to equity holders of Swisscom Ltd    Note     1.01.–30.06.2024(1,140)    1.01.–30.06.2023(1,140)
In CHF millionDividends paid to non-controlling interests    Note     1.01.–30.06.2024–    1.01.–30.06.2023(1)
In CHF millionOther cash flows from financing activities    Note     1.01.–30.06.20241    1.01.–30.06.2023(2)
In CHF millionCash inflow (outflow) from financing activities    Note     1.01.–30.06.20243,760    1.01.–30.06.2023(568)
In CHF millionNet increase in cash and cash equivalents    Note     1.01.–30.06.20244,264    1.01.–30.06.20236
In CHF millionCash and cash equivalents at 1 January    Note     1.01.–30.06.2024148    1.01.–30.06.2023121
In CHF millionForeign currency translation adjustments in respect of cash and cash equivalents    Note     1.01.–30.06.2024(100)    1.01.–30.06.2023(1)
In CHF millionCash and cash equivalents at the end of financial period    Note     1.01.–30.06.20244,312    1.01.–30.06.2023126