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1st Interim Report 2025
1st Interim Report 2025
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1st Interim Report 2025
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Table of contents for the 1st Interim Report 2025 report

1st Interim Report 2025
KPIs GroupKPIs SegmentsFinancial review
SummaryDepreciation and amortisation, non operating resultsCash flowsNet asset positionOutlook
Consolidated interim financial statements
Consolidated statement of comprehensive income (unaudited)Consolidated balance sheet (unaudited)Consolidated statement of cash flows (unaudited)Consolidated statement of changes in equity (unaudited)
Notes to the interim financial statements
About this report1 Changes in accounting principles2 Segment information3 Operating costs4 Dividend5 Financial liabilities6 Financial result7 Net current operating assets8 Goodwill9 Provisions and contingent liabilities10 Acquisition of Vodafone Italia
Alternative performance measures
Reconciliation of alternative performance measures
Further Information
Share informationQuarterly review 2024 and 2025Forward looking statements
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8 Goodwill

As a result of the acquisition of Vodafone Italia at the end of 2024, Swisscom has amended its governance and organisational structure and thus also its segment reporting from 2025. Segment reporting now comprises the Switzerland, Italy and Others segments. The allocation of Swisscom’s goodwill has been adjusted in line with the new segment reporting. The goodwill from Vodafone Italia is allocated to the cash-generating unit Italy. The goodwill of CHF 6,465 million recognised as at 31 December 2024 is allocated to the cash-generating units Switzerland, Italy and Others as follows:

In CHF million   Switzerland   Italy   Others
             
Residential Customers Swisscom Switzerland   2,765   –   –
Business Customers Swisscom Switzerland   1,534   –   –
Wholesale Customers Swisscom Switzerland   46       –
Fastweb   –   471   –
Vodafone Italia   –   1,312   –
Others 1   –   –   337
Total goodwill   4,345   1,783   337
1 Comprises the cash-generating units Swisscom Directories, Ajila and i-Web.