Reconciliation of alternative performance measures
In CHF million |
1.01.–30.09.2024 |
1.01.–30.09.2023 |
Change reported |
Change at constant exchange rates |
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---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 8,173 | 8,202 | –0.4% | 0.3% | ||||
Operating income before depreciation and amortisation (EBITDA) | ||||||||
EBITDA | 3,438 | 3,477 | –1.1% | –0.7% | ||||
Legal proceedings in Switzerland | (24) | (10) | ||||||
Legal proceedings in Italy | – | 13 | ||||||
Transaction costs for company acquisitions | 18 | – | ||||||
EBITDA adjusted | 3,432 | 3,480 | –1.4% | –0.9% | ||||
Capital expenditure | ||||||||
Capital expenditure in property, plant and equipment and intangible assets | 1,715 | 1,615 | 6.2% | 6.9% | ||||
Payments for indefeasible rights of use (IRU) | 16 | 15 | 6.7% | |||||
Capital expenditure | 1,731 | 1,630 | 6.2% | 6.9% |
In CHF million |
1.01.–30.09.2024 |
1.01.–30.09.2023 |
Change reported |
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---|---|---|---|---|---|---|
Operating free cash flow | ||||||
Cash flow from operating activities | 2,963 | 2,873 | 90 | |||
Capital expenditure | (1,731) | (1,630) | (101) | |||
Depreciation of right-of-use assets | (196) | (197) | 1 | |||
Depreciation of indefeasible rights of use (IRU) | 14 | 14 | – | |||
Change in deferred gain from the sale and leaseback of real estate | 3 | 3 | – | |||
Change in operating assets and liabilities | 134 | 195 | (61) | |||
Change in provisions | 58 | 44 | 14 | |||
Change in net defined benefit liabilities | (3) | 25 | (28) | |||
Gain on sale of property, plant and equipment | 7 | 5 | 2 | |||
Loss on sale of property, plant and equipment | – | (1) | 1 | |||
Expense for share-based payments | (1) | (1) | – | |||
Revenue from finance leases | 59 | 62 | (3) | |||
Proceeds from finance leases | (63) | (80) | 17 | |||
Interest received | (57) | (5) | (52) | |||
Interest payments on financial liabilities | 62 | 61 | 1 | |||
Dividends received | (1) | (9) | 8 | |||
Income taxes paid | 242 | 271 | (29) | |||
Operating free cash flow | 1,490 | 1,630 | (140) | |||
Free cash flow | ||||||
Cash flow from operating activities | 2,963 | 2,873 | 90 | |||
Cash flow used in investing activities | (3,465) | (1,679) | (1,786) | |||
Repayment of lease liabilities | (208) | (217) | 9 | |||
Acquisition of subsidiaries, net of cash and cash equivalents acquired | 20 | 62 | (42) | |||
Proceeds from equity-accounted investees | (1) | (3) | 2 | |||
Acquisition of equity-accounted investees | – | 1 | (1) | |||
Purchase of other financial assets | 2,159 | 19 | 2,140 | |||
Proceeds from other financial assets | (431) | (19) | (412) | |||
Free cash flow | 1,037 | 1,037 | – |