Consolidated statement of changes in equity (unaudited)

In CHF million	Share capital	Capital reserves	Hybrid capital	Retained earnings	Foreign currency translation adjustments	Hedging reserves	Equity attributable to equity holders of Swisscom	Non- controlling interests	Total equity
Balance at 1 January 2025	52	136	–	14,070	(2,081)	(23)	12,154	–	12,154
Net income	–	–	–	989	–	–	989	(1)	988
Other comprehensive income	–	–	–	1	(29)	(4)	(32)	–	(32)
Compre- hensive income	–	–	–	990	(29)	(4)	957	(1)	956
Dividends paid	–	–	–	(1,140)	–	–	(1,140)	–	(1,140)
Other changes	–	–	–	1	–	–	1	–	1
Balance at 30 September 2025	52	136	–	13,921	(2,110)	(27)	11,972	(1)	11,971

Balance at 1 January 2026	52	136	–	14,216	(2,145)	(20)	12,239	(1)	12,238
Net income	–	–	–	1,012	–	–	1,012	(1)	1,011
Other comprehensive income	–	–	–	13	105	54	172	–	172
Compre- hensive income	–	–	–	1,025	105	54	1,184	(1)	1,183
Issuance	–	–	467	(2)	–	–	465	–	465
Dividends paid	–	–	–	(1,347)	–	–	(1,347)	–	(1,347)
Other changes	–	–	–	–	–	–	–	(1)	(1)
Balance at 30 September 2026	52	136	467	13,893	(2,040)	34	12,542	(3)	12,539