Table of contents for the 1st Interim Report 2026 report

Interim Report 2026KPIs GroupKPIs segmentsFinancial review
SummaryDepreciation and amortisation, non-operating resultsCash flowsNet asset positionFinancial outlook
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 Provisions and contingent liabilities
Alternative performance measures
Reconciliation of alternative performance measures
Further information
Share informationQuarterly review 2025 and 2026Disclaimer

Consolidated statement of cash flows (unaudited)

In CHF million Note 1.1.–31.3.2026 1.1.–31.3.2025
Net income 332 367
Income tax expense 72 75
Result of equity-accounted investees – –
Financial income 6 (9) (18)
Financial expense 6 122 95
Depreciation and amortisation of property, plant and equipment and intangible assets 784 773
Depreciation of right-of-use assets 385 394
Gain on sale of property, plant and equipment (3) (9)
Loss on sale of property, plant and equipment – 2
Revenue from finance leases (18) (11)
Proceeds from finance leases 48 13
Change in deferred gain from the sale and leaseback of real estate (1) (1)
Change in operating assets and liabilities 7 46 95
Change in provisions (12) (40)
Change in defined benefit obligations 4 5
Interest received 2 8
Interest paid on financial liabilities (15) (13)
Interest paid on lease liabilities (24) (26)
Income taxes paid (44) (46)
Cash flow from operating activities 1,669 1,663
Purchase of property, plant and equipment and intangible assets (687) (761)
Proceeds from sale of property, plant and equipment and intangible assets 4 10
Acquisition of subsidiaries, net of cash and cash equivalents acquired (3) (8)
Purchase of other financial assets (5) (21)
Proceeds from other financial assets 145 7
Cash flow used in investing activities (550) (773)
Issuance of financial liabilities 5 127 3
Repayment of financial liabilities 5 (4) (984)
Repayment of lease liabilities (397) (442)
Dividends paid to equity holders of Swisscom Ltd (438) –
Other cash flows from financing activities (2) 1
Cash used in financing activities (713) (1,422)
Net increase (net decrease) in cash and cash equivalents 406 (532)
Cash and cash equivalents at 1 January 258 1,523
Foreign currency translation adjustments in respect of cash and cash equivalents (3) 3
Cash and cash equivalents at the end of financial period 661 994