In CHF million, except where indicated
| 2020 | 2019 2 | 2018 1 | 2017 | 2016 | |
|---|---|---|---|---|---|
| Net revenue | 11,100 | 11,453 | 11,714 |
11,662 | 11,643 |
| Operating income before depreciation and amortisation (EBITDA) | 4,382 | 4,358 | 4,213 |
4,295 | 4,293 |
| EBITDA as % of net revenue | 39.5 | 38.1 | 36.0 |
36.8 | 36.9 |
| Operating income (EBIT) | 1,947 | 1,910 | 2,069 |
2,131 | 2,148 |
| Net income | 1,528 | 1,669 | 1,521 |
1,568 | 1,604 |
| Earnings per share (CHF) | 29.54 | 32.28 | 29.48 |
30.31 | 30.97 |
| 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|
| Equity at end of year | 9,491 | 8,875 | 8,208 |
7,645 | 6,522 |
| Equity ratio at end of year (%) | 39.1 | 36.6 | 36.3 |
34.7 | 30.4 |
| Cash flow provided by operating activities | 4,069 | 3,981 | 3,720 |
4,091 | 3,722 |
| Capital expenditure | 2,229 | 2,438 | 2,404 |
2,378 | 2,416 |
| Net debt excl. lease liabilities | 6,218 | 6,758 | 7,393 |
7,447 | 7,846 |
| 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|
| Full-time equivalent employees at end of year (number) | 19,062 | 19,317 | 19,845 |
20,506 | 21,127 |
| Average number of full-time equivalent employees (number) | 19,095 | 19,561 | 20,083 |
20,836 | 21,543 |
| 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|
| Fixed access lines in Switzerland (in thousands) | 1,523 | 1,594 | 1,788 |
2,047 | 2,367 |
| Broadband access lines retail in Switzerland (in thousands) | 2,043 | 2,058 | 2,033 |
2,014 | 1,992 |
| Mobile access lines in Switzerland (in thousands) | 6,224 | 6,333 | 6,370 |
6,637 | 6,612 |
| Swisscom TV access lines in Switzerland (in thousands) | 1,554 | 1,555 | 1,519 |
1,467 | 1,418 |
| Revenue generating units (RGU) Switzerland (in thousands) | 11,344 | 11,540 | 11,710 |
12,165 | 12,389 |
| Unbundled fixed access lines in Switzerland (in thousands) | 56 | 70 | 87 | 107 | 128 |
| Broadband access lines wholesale in Switzerland (in thousands) | 555 | 515 | 481 | 435 | 364 |
| Broadband access lines in Italy (in thousands) | 2,747 | 2,637 | 2,547 |
2,451 | 2,355 |
| Mobile access lines in Italy(in thousands) | 1,961 | 1,746 | 1,432 |
1,065 | 676 |
| 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|
| Number of issued shares at end of period (in millions of shares) |
51.802 | 51.802 | 51.802 |
51.802 | 51.802 |
| Market capitalisation at end of year | 24,715 | 26,554 | 24,331 |
26,859 | 23,627 |
| Closing price at end of period (in CHF) | 477.10 | 512.60 | 469.70 |
518.50 | 456.10 |
| Closing price highest (in CHF) | 577.80 | 523.40 | 530.60 |
527.00 | 528.50 |
| Closing price lowest (in CHF) | 446.70 | 441.10 | 427.00 |
429.80 | 426.80 |
| Ordinary dividend per share (in CHF) | 22.00 3 | 22.00 | 22.00 | 22.00 | 22.00 |
| Ratio payout/earnings per share (%) | 74.48 | 68.16 | 74.63 |
72.59 | 71.04 |
| 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|
| Net revenue | 8,614 | 8,969 | 9,274 |
9,476 | 9,665 |
| Operating income before depreciation and amortisation (EBITDA) | 3,522 | 3,508 | 3,419 |
3,451 | 3,572 |
| Capital expenditure in property, plant and equipment and other intangible assets |
1,596 | 1,770 | 1,645 |
1,678 | 1,774 |
| Full-time equivalent employees at end of year (number) | 16,048 | 16,628 | 17,147 |
17,688 | 18,372 |
1 Swisscom has been applying IFRS 15 “Revenue from Contracts with Customers” since 1 January 2018. The prior year’s figures have not been adjusted.
2 2 Swisscom has been applying IFRS 16 “Leases” since 1 January 2019. The prior year’s figures have not been adjusted.
3 In accordance with the proposal of the Board of Directores to the Annual General Meeting.
The financial report is available in English, French and German. The German version is binding.