Swisscom - About Swisscom - An overview of key financial figures

The financial report is available in English, French and German. The German version is binding.

CHF in millions, except where indicated

	2011		2010	Change
Net revenue and results
Net revenue	11'467		11'988	–4.3%
Operating income before depreciation and amortisation (EBITDA)	4'584		4'599	–0.3%
EBITDA as % of net revenue (%)	40.0		38.4
Operating income (EBIT) before impairment losses on goodwill	2'681		2'627	2.1%
Operating income (EBIT)	1'126		2'627	–57.1%
Net income	694		1'788	–61.2%
Share of net income attributable to equity holders of Swisscom Ltd	683		1'813	–62.3%
Earnings per share (in CHF)	13.19		35.00	–62.3%

Balance sheet and cash flows
Equity at end of year	4'296		5'350	–19.7%
Equity ratio at end of year (%)	22.1		25.4
Operating free cash flow	2'068		2'512	–17.7%
Capital expenditure in property, plant and equipment and other intangible assets	2'095		1'903	10.1%
Net debt at end of year	8'309		8'848	–6.1%

Employees
Full-time equivalent employees at end of year (number)	20'061		19'547	2.6%
Average number of full-time equivalent employees (number)	19'832		19'464	1.9%

Operational data
Telephone access lines PSTN/ISDN in Switzerland (in thousand)	3'120		3'233	–3.5%
Unbundled fixed access lines in Switzerland (in thousand)	306		255	20.0%
Telephone PSTN/ISDN and unbundled subscribers (in thousand)	3'426		3'488	–1.8%
Broadband access lines retail in Switzerland (in thousand)	1'661		1'584	4.9%
Mobile access lines in Switzerland (in thousand)	6'049		5'828	3.8%
Swisscom TV access lines (in thousand)	608		421	44.4%
Broadband access lines in Italy (in thousand)	1'595	¹	1'724	–7.5%

Swisscom share
Par value per share at end of year (in CHF)	1.00		1.00	–
Number of issued shares at end of period (in millions of shares)	51.802		51.802	–
Closing price at end of period (in CHF)	355.90		411.10	–13.4%
Market capitalisation at end of year	18'436		21'296	–13.4%
Dividend per share (in CHF)	22.00	²	21.00	4.8%
Ratio payout/earnings per share (%)	166.85		60.00

Environmental key figures
Energy consumption (GWh)	507		510	–0.6%
Carbon dioxide CO₂ (in tons)	23'242		25'422	–8.6%
Average carbon dioxide CO₂ emission vehicle fleet (Gram per km)	140		150	–6.7%
Rate of return handy recycling (%)	8.9		6.0
1) As a result of the settlement of litigations, Fastweb reduced the number of access lines by 197,000 in the third quarter of 2011 2) In accordance with the proposal of the Board of Directores to the Annual General Meeting