Swisscom AG Cash Flow Statement

Financials in millions CHF. Fiscal year is January - December.

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,270	1,541	1,711	1,603	1,833
Depreciation & Amortization	4,692	2,814	2,417	2,366	2,412
Stock-Based Compensation	1	1	1	1	1
Other Adjustments	560	398	393	289	107
Changes in Income Taxes Payable	-280	-297	-313	-378	-279
Changes in Other Operating Activities	14	12	-160	-5	-17
Operating Cash Flow	6,012	4,387	4,029	3,876	4,044
Operating Cash Flow Growth	37.04%	8.89%	3.95%	-4.15%	-3.00%
Capital Expenditures	-3,008	-2,288	-2,272	-2,289	-2,270
Sale of Property, Plant & Equipment	25	44	10	15	17
Purchases of Investments	-500	-2,022	-16	-144	-76
Proceeds from Sale of Investments	31	2,386	33	68	269
Payments for Business Acquisitions	-34	-7,372	-62	-67	-42
Proceeds from Business Divestments	2	2	2	-	1
Other Investing Activities	56	51	91	93	93
Investing Cash Flow	-3,523	-9,279	-2,322	-2,430	-2,120
Long-Term Debt Issued	1,830	8,881	223	209	350
Long-Term Debt Repaid	-4,428	-1,318	-741	-775	-1,051
Net Long-Term Debt Issued (Repaid)	-2,598	7,563	-518	-566	-701
Common Dividends Paid	-1,140	-1,140	-1,140	-1,140	-1,140
Other Financing Activities	-353	-176	-141	-121	-140
Financing Cash Flow	-3,751	6,409	-1,671	-1,721	-1,856
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-3	-142	-9	-5	-7
Net Cash Flow	-1,262	1,517	36	-275	68
Free Cash Flow	3,004	2,099	1,757	1,587	1,774
Free Cash Flow Growth	43.12%	19.46%	10.71%	-10.54%	-10.45%
FCF Margin	19.96%	19.05%	15.87%	14.28%	15.86%
Free Cash Flow Per Share	57.99	40.52	33.92	30.64	34.25
Levered Free Cash Flow	91	9,346	865	730	977
Unlevered Free Cash Flow	2,978	1,858	1,490	1,360	1,606

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.