Consolidated statement of comprehensive income (unaudited)
In CHF million, except for per share amounts |
Note |
2nd quarter 2024 |
2nd quarter 2023 |
1st half-year 2024 |
1st half-year 2023 |
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Income statement | ||||||||||
Revenue | 2 | 2,751 | 2,703 | 5,454 | 5,450 | |||||
Direct costs | 3 | (727) | (674) | (1,412) | (1,384) | |||||
Personnel expense | 3 | (701) | (670) | (1,404) | (1,350) | |||||
Other operating expense | 3 | (379) | (414) | (741) | (771) | |||||
Capitalised self-constructed assets and other income | 3 | 180 | 194 | 382 | 358 | |||||
Operating income before depreciation and amortisation | 1,124 | 1,139 | 2,279 | 2,303 | ||||||
Depreciation and amortisation of property, plant and equipment and intangible assets | (539) | (531) | (1,061) | (1,056) | ||||||
Depreciation of right-of-use assets | (65) | (66) | (130) | (132) | ||||||
Operating income | 520 | 542 | 1,088 | 1,115 | ||||||
Financial income | 6 | 12 | 3 | 35 | 11 | |||||
Financial expense | 6 | (61) | (37) | (98) | (75) | |||||
Result of equity-accounted investees | (1) | – | (1) | – | ||||||
Income before income taxes | 470 | 508 | 1,024 | 1,051 | ||||||
Income tax expense | (89) | (102) | (188) | (203) | ||||||
Net income | 381 | 406 | 836 | 848 | ||||||
Other comprehensive income | ||||||||||
Actuarial gains and losses from defined benefit pension plans | (5) | (8) | (7) | (15) | ||||||
Change in fair value of equity instruments | 183 | 13 | 172 | 75 | ||||||
Items that will not be reclassified to income statement | 178 | 5 | 165 | 60 | ||||||
Foreign currency translation adjustments of foreign subsidiaries | (29) | (37) | 78 | (13) | ||||||
Change in cash flow hedges | 7 | (2) | 19 | 1 | ||||||
Items that are or may be reclassified subsequently to income statement | (22) | (39) | 97 | (12) | ||||||
Other comprehensive income | 156 | (34) | 262 | 48 | ||||||
Comprehensive income | ||||||||||
Net income | 381 | 406 | 836 | 848 | ||||||
Other comprehensive income | 156 | (34) | 262 | 48 | ||||||
Comprehensive income | 537 | 372 | 1,098 | 896 | ||||||
Share of net income and comprehensive income | ||||||||||
Equity holders of Swisscom Ltd | 381 | 406 | 836 | 848 | ||||||
Non-controlling interests | – | – | – | – | ||||||
Net income | 381 | 406 | 836 | 848 | ||||||
Equity holders of Swisscom Ltd | 537 | 372 | 1,098 | 896 | ||||||
Non-controlling interests | – | – | – | – | ||||||
Comprehensive income | 537 | 372 | 1,098 | 896 | ||||||
Earnings per share | ||||||||||
Basic and diluted earnings per share (in CHF) | 7.35 | 7.84 | 16.14 | 16.37 |