Swisscom AG Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,248	1,542	1,711	1,602	1,832	1,530
Depreciation & Amortization	3,245	1,823	1,844	1,873	1,953	1,936
Other Amortization	546	546	493	468	450	481
Loss (Gain) From Sale of Assets	-36	-26	-5	-8	-10	-10
Asset Writedown & Restructuring Costs	35	35	80	25	9	18
Loss (Gain) From Sale of Investments	10	10	5	-66	-240	-22
Loss (Gain) on Equity Investments	-	2	-	5	10	-4
Stock-Based Compensation	1	1	1	1	1	1
Other Operating Activities	-3	36	64	-9	67	34
Change in Accounts Receivable	262	84	79	33	-269	54
Change in Accounts Payable	-257	-77	-16	103	110	-86
Change in Unearned Revenue	-3	-4	-4	-10	-11	-16
Change in Other Net Operating Assets	-1	5	-223	-141	142	253
Operating Cash Flow	5,047	3,977	4,029	3,876	4,044	4,169
Operating Cash Flow Growth	14.06%	-1.29%	3.95%	-4.15%	-3.00%	4.72%
Capital Expenditures	-2,711	-2,288	-2,272	-2,289	-2,270	-2,188
Sale of Property, Plant & Equipment	55	44	10	15	17	16
Cash Acquisitions	-7,368	-7,372	-62	-67	-42	-39
Divestitures	2	2	2	-	1	-
Investment in Securities	2,118	364	17	-76	193	-116
Other Investing Activities	-34	-29	-17	-13	-19	-4
Investing Cash Flow	-7,938	-9,279	-2,322	-2,430	-2,120	-2,331
Long-Term Debt Issued	-	8,881	223	209	350	732
Long-Term Debt Repaid	-	-908	-741	-775	-1,051	-1,397
Net Debt Issued (Repaid)	979	7,973	-518	-566	-701	-665
Common Dividends Paid	-1,140	-1,140	-1,140	-1,140	-1,140	-1,140
Other Financing Activities	-22	-14	-13	-15	-15	-19
Financing Cash Flow	-183	6,819	-1,671	-1,721	-1,856	-1,824
Foreign Exchange Rate Adjustments	15	-142	-9	-5	-7	-2
Net Cash Flow	-3,059	1,375	27	-280	61	12
Free Cash Flow	2,336	1,689	1,757	1,587	1,774	1,981
Free Cash Flow Growth	13.79%	-3.87%	10.71%	-10.54%	-10.45%	24.51%
Free Cash Flow Margin	16.63%	15.30%	15.87%	14.36%	15.86%	17.85%
Free Cash Flow Per Share	45.09	32.60	33.92	30.64	34.25	38.24
Cash Interest Paid	282	160	128	106	125	138
Cash Income Tax Paid	283	297	313	378	279	309
Levered Free Cash Flow	2,565	1,778	1,429	1,137	1,500	1,500
Unlevered Free Cash Flow	2,770	1,902	1,514	1,173	1,573	1,581
Change in Working Capital	1	8	-164	-15	-28	205

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.