Group and capital structure

Swisscom Ltd, a company governed by Swiss law and headquartered in Ittigen (the canton of Bern, Switzerland), is the holding company which, with a share capital of CHF 52 million, is responsible for the strategic and financial management of the Swisscom Group.

Group structure

Interactive organisational chart of the Swisscom operational Group structure. The company is composed of the Board of Directors, CEO, business and group divisions and group companies.

  Group Divisions

  Member of the Group Executive Board

  Group Companies

  Further Business Divisions

Capital structure and changes

Swisscom Ltd has a share capital of CHF 51,801,943. The share capital is divided into registered shares with a nominal value of CHF 1 each. The shares are fully paid up.

In CHF million Share
capital
Capital
reserves
Retained
earnings
Currency
translation
adjustments
Hedging
reserves
Shareholders’
equity
Non-controlling
interests
Total
equity
Balance at
1 January 2019
52 136 9,781 (1,728) 4 8,245 (15) 8,230
Net income - - 1,672 - - 1,672 (3) 1,669
Other comprehensive income - - 148 (53) 7 102 - 102
Comprehensive income - - 1,820 (53) 7 1,774 (3) 1,771
Dividends paid - - (1,140) - - (1,140) (1) (1,141)
Other changes - - (7) - - (7) 22 15
Balance at
31 December 2019
52 136 10,454 (1,781) 11 8’872 3 8,875
Change in accounting policies (1) - - 22 - - 22 - 22
Balance at
1 January 2019
52 136 9’781 (1'728) 4 8’245 (15) 8’230
Net income - - 1,530 - - 1,530 (2) 1,528
Other comprehensive income - - 252 (10) (3) 239 - 239
Comprehensive income - - 1,782 (10) (3) 1,769 (2) 1,767
Dividends paid - - (1,140) - - (1,140) (1) (1,141)
Other changes - - (11) - - (11) 1 (10)
Balance at
31 December 2020
52 136 11,085 (1,791) 8 9,490 1 9,491

Group structure 

Material changes 2020 

Acquisitions and disposals of subsidiaries in 2020 are not individually material. These include the full acquisition of Cutaway S.r.l., the 70% acquisition of 7Layers S.r.l. in Italy and the sale of Mila AG. Cutaway S.r.l. was merged with Fastweb S.p.A. following the acquisition.


Material changes to the group structure 2019


Material changes to the group structure 2018


Material changes to the group structure 2017


Material changes to the group structure 2016